secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000278166-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Q3 EPS $6.90 (+62% YoY) on revenue $522M (+16.8%); home shipments up 21.6%
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- Net income per diluted share $6.90, up 62% from $4.27; pre-tax income $69.3M (+57.9%).
- Net revenue $522M, up 16.8% YoY; factory-built housing revenue +17.3%, financial services +6.8%.
- Home sales volume up 21.6%; backlog $224M, representing 6-8 weeks of production.
- Stock repurchases of ~$42M in the quarter; cash position and balance sheet remain strong.
- Financial services gross margin improved to 55.5% from 36.8% on higher premiums and lower claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000004/0000278166-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000004/cvco-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000278166-25-000004

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