---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-24-000102"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:32:06.404971+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cavco Q1 EPS $4.11, down 22% YoY; insurance losses offset factory-built momentum

## Summary
- Net revenue $478M, up 0.4% YoY; diluted EPS $4.11 vs $5.29 (down 22.3%).
- Factory-built housing gross margin 22.6% (down from 24.8%); volume up 3.6%.
- Financial services segment posted $5.2M pretax loss from Texas storms and NM wildfires.
- Backlog $232M, up 21% from $191M three months ago; stock buybacks $29M in quarter.
- Sequential home-sales volume up 20%; capacity utilization improved to ~65% from ~60%.

## SEC filing metadata
- accession: 0000278166-24-000102
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816624000102/0000278166-24-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816624000102/cvco-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-24-000102
- JSON: https://secwatch.observer/filing/0000278166-24-000102.json
- Plain text: https://secwatch.observer/filing/0000278166-24-000102.txt

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