secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0000278166-25-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Q1 EPS $6.42, revenue $557M (+16.6% YoY); announces American Homestar acquisition
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- Net income $51.6M, up 50% YoY; diluted EPS $6.42 vs $4.11 prior year (+56%).
- Net revenue $557M (+16.6% YoY); home sales volume +14.7%; capacity utilization ~75% vs ~65%.
- Financial services gross profit 40.9% of revenue, up from (0.6)% on lower claims losses.
- Stock repurchases $50M in quarter; $178M remaining under board authorization.
- Backlog $200M (5-7 weeks production); entered agreement to acquire American Homestar.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000120/0000278166-25-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000027816625000120/cvco-20250731.htm
  HTML page:      https://secwatch.observer/filing/0000278166-25-000120

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