---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-24-000054"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:55:11.711189+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cavco Q4 net income down 28% YoY; FY revenue falls 16% to $1.795B

## Summary
- Q4 net revenue $420M, net income $34M, diluted EPS $4.03 vs $5.39 last year.
- Full-year revenue $1.795B, down 16.2% YoY; diluted EPS $18.37 vs $26.95.
- Factory-built housing gross margin 22.4% (Q4) vs 24.4% prior year; lower sales volume main driver.
- Backlog $191M, up 19% from prior quarter but down from $244M a year ago.
- Stock repurchases ~$110M in fiscal year; Solitaire acquisition integrated.

## SEC filing metadata
- accession: 0000278166-24-000054
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816624000054/0000278166-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816624000054/cvco-20240523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-24-000054
- JSON: https://secwatch.observer/filing/0000278166-24-000054.json
- Plain text: https://secwatch.observer/filing/0000278166-24-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.