secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0000278166-23-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Q4 EPS $5.39 vs $5.80 YoY; backlog falls to $244M from $1.1B
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- Net revenue $476M (-5.8% YoY); full-year revenue $2.14B (+32%).
- Q4 diluted EPS $5.39 (down 7.1%); full-year EPS $26.95 (up 26.3%).
- Backlog at April 1, 2023 was $244M vs $427M three months ago and $1.1B a year ago.
- Acquired Solitaire Homes contributed $28M revenue; had pre-tax loss of $0.8M.
- Returned nearly $30M to shareholders via stock repurchases in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816623000026/0000278166-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816623000026/cvco-20230518.htm
  HTML page:      https://secwatch.observer/filing/0000278166-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer