Cavco Industries Reports Strong Q4 Earnings with Revenue and Profit Growth
Cavco Industries reported a strong fiscal fourth quarter with revenue rising 8.2% year-over-year to $550.1 million, driven by improved profitability and lower SG&A expenses as a percentage of revenue. Orders recovered sharply in March after weather disruptions early in the quarter, leading to increased backlogs.
Tickers: $CVCO
Topics: backlog_improvement capital_allocation profitability revenue_growth