CAVCO INDUSTRIES, INC.

Cavco Industries hosted Virginia Governor Abigail Spanberger at its Rocky Mount facility for the ceremonial signing of Virginia House Bill 655 and Senate Bill 346. These bipartisan zoning reform measures, effective July 1, 2026, reduce barriers for manufactured housing placement by allowing them in areas where site-built homes are permitted and preventing more restrictive local zoning rules. This legislation aims to boost affordable housing supply in Virginia, a key initiative supported by Cavco.

Cavco Industries, Inc. reported selling 20,842 factory-built homes in fiscal year 2026, an increase from 19,753 units in fiscal year 2025. The company's home order backlog stood at $195 million as of March 28, 2026, a slight decrease from $197 million a year prior. Cavco operates 33 homebuilding production lines and 92 Company-owned retail stores, while its financial services segment, CountryPlace, provides various mortgage and home-only loans, and Standard Casualty offers property and casualty insurance for manufactured homes. The company also detailed its commercial financing arrangements, including $141 million in contingent repurchase obligations.

Cavco Industries reported strong financial results for its fiscal fourth quarter and full year ended March 28, 2026. For Q4, net revenue increased 8% to $550 million, and diluted EPS rose 21.3% to $5.42. For the full fiscal year, net revenue grew 11.4% to $2.245 billion, with diluted EPS up 15.8% to $23.98. The company also announced a new $150 million stock repurchase program, following approximately $160 million in repurchases during the year.

Cavco Industries, Inc. announced strong financial results for the fourth quarter and fiscal year ended March 28, 2026. The company reported an 8% increase in Q4 net revenue to $550 million and a 21.3% rise in diluted EPS to $5.42. For the full fiscal year, net revenue grew 11.4% to $2,245 million, with diluted EPS increasing 15.8% to $23.98. The Board of Directors also approved an additional $150 million stock repurchase program, following approximately $160 million in repurchases during the year.

Cavco Industries, Inc. announced plans to construct a new 616,000 square foot home manufacturing facility in El Mirage, Arizona. This state-of-the-art facility will expand Cavco's capacity to produce affordable HUD-code manufactured and modular single-family homes, addressing the housing shortage in Arizona and surrounding states. The project, which recently broke ground, is designed with modern, sustainable practices and is targeted to be operational by mid-2027.

Cavco Industries, Inc. announced it will release its fourth quarter and fiscal year ended March 28, 2026 earnings on Thursday, May 21, 2026, after market close. Senior management will discuss the results in a live webcast and conference call the following day, Friday, May 22, 2026, at 1:00 p.m. Eastern Time. The webcast will be accessible via the company's investor relations website, with telephone participation requiring prior registration.

Cavco Industries, Inc. announced it received two national design awards from the Manufactured Housing Institute (MHI) at the 2026 MHI Congress & Expo. The company was recognized for its Serenity Cabana in the Manufactured Home Design - Single-Section category and its Luxus home in the Modular Home Design Award category. These awards highlight Cavco's commitment to design innovation, product quality, and expanding access to modern, affordable housing solutions.