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Stock impact report

Why Cavco Industries Stock Zoomed 5% Higher Today [Yahoo! Finance]

Cavco Industries, Inc. (CVCO) 
US:NASDAQ Investor Relations: investor.cavco.com
Company Research Source: Yahoo! Finance
Other areas of its operations also did well, including financial services. 10 stocks we like better than Cavco Industries › Stock market players were willing to build positions in home designer and builder Cavco Industries (NASDAQ: CVCO) as the trading week came to a close. This was inspired by the company's latest quarterly earnings report, which prominently featured convincing beats on both the top and bottom lines. With that bracing tailwind at its back, Cavco's stock raced more than 5% higher in value on Friday. That was a significantly better showing than the 0.3% increase of the bellwether S&P 500 index. Broad-based growth Cavco earned just under $557 million in revenue in its second quarter of fiscal 2026. This was almost 10% higher than its take in the same period of fiscal 2025. Net income under generally accepted accounting principles ( GAAP ) saw a more robust rise, advancing by just under 20% year over year to $52.4 million, or $6.55 per share. Image source: G Show less Read more
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