Cavco Industries, Inc. Q4 Fiscal Year 2026 Financial Results and Stock Repurchase Program

Cavco Industries, Inc. announced its financial results for the fourth quarter and full fiscal year ended March 28, 2026. The company reported record homes sold for the fiscal year. Net revenue for the fourth quarter was $550 million, an 8% increase from the prior year, with net income at $42 million. For the full fiscal year, net revenue reached $2,245 million, up 11.4% from the previous year, and net income was $190.5 million. The company also announced that its Board of Directors approved a new $150 million stock repurchase program, to be financed from existing cash resources. This program allows for repurchases in the open market or negotiated transactions and may be suspended or discontinued at any time. The company expects to finance this program from existing cash resources.