secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0000278166-25-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000053/0000278166-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000053/cvco-20250522.htm
  HTML page:      https://secwatch.observer/filing/0000278166-25-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer