Cavco Industries (CVCO) Tops Q2 EPS by 18c
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Cavco Industries Reports Fiscal 2019 Second Quarter Results
November 8, 2018 5:12 PM ESTPHOENIX, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ: CVCO) today announced financial results for the second fiscal quarter ended September 29, 2018.
Financial highlights include the following:
Net revenue for the second quarter of fiscal year 2019 totaled $241.5 million, up 20.4% from $200.5 million for the second quarter of fiscal year 2018. Net revenue for the first six months of fiscal 2019 was $487.9 million, a 19.8% increase from $407.3 million in the comparable prior year period. The increases were primarily from higher home selling prices from input cost inflation,... More