---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-25-000053"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T19:10:53.199887+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cavco Q4 revenue up 21% to $508M, adj. EPS $5.40; board authorizes $150M buyback

## Summary
- Q4 net revenue $508M (+21% YoY); adj. diluted EPS $5.40 vs $4.03 prior year.
- Full-year net revenue $2,015M (+12.3%); adj. diluted EPS $21.63 vs $18.37.
- Board approved new $150M stock repurchase program; $150M repurchased in fiscal year.
- Factory-built housing gross margin 22.3% vs 22.4% YoY; $10M non-cash charge for brand consolidation.
- Backlog $197M vs $191M year-end; CEO cites March pickup after harsh February weather.

## SEC filing metadata
- accession: 0000278166-25-000053
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816625000053/0000278166-25-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816625000053/cvco-20250522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-25-000053
- JSON: https://secwatch.observer/filing/0000278166-25-000053.json
- Plain text: https://secwatch.observer/filing/0000278166-25-000053.txt

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