{"schema_version":"secwatch.filing_event.v1","accession":"0000278166-24-000004","form_type":"8-K","ticker":"CVCO","cik":"0000278166","company_name":"CAVCO INDUSTRIES, INC.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.520529+00:00","generated_at":"2026-06-06T11:42:59.394888+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cavco Q3 revenue down 10.8% to $447M; EPS $4.27 vs $6.66; new $100M buyback authorized","bullets":["Net revenue $447M (-10.8% YoY); net income per diluted share $4.27 vs $6.66 in prior year.","Factory-built housing gross margin fell to 22.4% from 25.5%; financial services margin dropped to 36.8% from 46.6%.","Backlog $160M at quarter end; orders written on same-plant basis highest in six quarters.","Board approved new $100M stock repurchase program, bringing total authorization to $139M including prior remaining.","Company repurchased ~$50M of stock during the quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000278166-24-000004","json":"https://secwatch.observer/filing/0000278166-24-000004.json","markdown":"https://secwatch.observer/filing/0000278166-24-000004.md","text":"https://secwatch.observer/filing/0000278166-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/278166/000027816624000004/0000278166-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/278166/000027816624000004/cvco-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T11:42:59.394888+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c44293990a2c3e9da9f1aac10c7a43087eaf1283","claim":"CAVCO INDUSTRIES, INC. reported the third fiscal quarter ended December 30, 2023 results: revenue $447 million, net income $35,987 thousand, EPS $4.27.","evidence_excerpt":"CVCO) (\"we,\" \"our,\" the \"Company\" or \"Cavco\") today announced financial results for the third fiscal quarter ended December 30, 2023. Third Quarter Summary • Net revenue was $447 million, down $54 million or 10.8% compared to $501 million in the third quarter of the prior year. • Factory-built housing Gross profit as a percentage of Net revenue was 22.4%,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/278166/000027816624000004/0000278166-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third fiscal quarter ended December 30, 2023"},{"label":"Revenue","value":"$447 million"},{"label":"Net income","value":"$35,987 thousand"},{"label":"EPS","value":"$4.27"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}