Cavco Industries Reports Record Home Shipments and Revenue Growth in Q2 Fiscal 2027
Cavco Industries (CVCO) reported strong financial results for the second quarter of fiscal 2027, highlighted by a record shipment of 5,972 homes. The company saw significant top-line growth, with quarterly revenue reaching $656 million, representing a 17.9% increase compared to the same period last year. Management noted a growing demand for workforce housing, specifically driven by the expansion of data center operations. This demand has resulted in an average order backlog of approximately 8 to 10 weeks, suggesting sustained momentum in the manufactured housing sector.
Tickers: $CVCO
Topics: earnings home shipments revenue growth