Cavco Industries (CVCO) Is Up 8.3% After Record Q1 Revenue And Backlog Surge Amid ROAD Act Tailwinds
Cavco Industries (CVCO) reported record Q1 2027 revenue of US$585.97 million and a 50% backlog expansion, driven by strong demand and potential support from the ROAD to Housing Act. Despite a decline in net income and EPS, the company continues its share repurchase program, …