secwatch.observer — SEC 8-K summary
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Issuer:     CAVCO INDUSTRIES, INC. (CVCO)
CIK:        0000278166
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001628280-26-004168
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cavco Q3 EPS $5.58, down 19.1%; revenue up 11.3% to $581M; closes American Homestar deal
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- Net income of $44.1M, down 22% YoY; diluted EPS $5.58 vs $6.90.
- Revenue $581M, up 11.3% driven by home sales volume (+3.2%) and higher ASP (+8.0% to $106,971).
- Factory-built housing gross margin fell to 21.7% from 23.6%; financial services margin rose to 65.2%.
- American Homestar contributed $42M revenue, 343 homes, and $6.9M incremental SG&A; $2.9M deal costs in quarter.
- Stock repurchases of ~$44M in quarter; ~$98M remaining under authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278166/000162828026004168/0001628280-26-004168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278166/000162828026004168/cvco-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004168

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