Cavco Industries, Inc. Reports Earnings Results for the Fourth Quarter Ended March 30, 2024
May 24, 2024 at 01:35 am IST
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Cavco Industries, Inc. reported earnings results for the fourth quarter ended March 30, 2024. For the fourth quarter, the company reported sales was USD 398.49 million compared to USD 456.06 million a year ago. Net income was USD 33.93 million compared to USD 47.31 million a year ago.
Basic earnings per share from continuing operations was USD 4.07 compared to USD 5.45 a year ago. Diluted earnings per share from continuing operations was USD 4.03 compared to USD 5.39 a year ago.
Cavco Industries, Inc. is a producer of manufactured homes in the United States. The Company designs and produces factory-built homes primarily distributed through a network of independent and Company-owned retailers, planned community operators and residential developers. Its segments include Factory-built Housing and Financial Services. The Factory-built Housing segment includes wholesale and retail factory-built housing operations. The Financial Services segment includes manufactured housing consumer finance and insurance. Its products are marketed under a variety of brand names including Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry and Solitaire. The Company also produces park model recreational vehicles (RVs), vacation cabins and factory-built commercial structures. CountryPlace Acceptance Corp. is its finance subsidiary and Standard Casualty Co. is its insurance subsidiary.
CAVCO INDUSTRIES, INC. 
