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Cavco Industries reports Q2 EPS $6.55, consensus $6.05

Reports Q2 revenue $556.53M, consensus $542.92M. Home sales volume was up 5.4% and capacity utilization increased to approximately 75% from approximately 70% in the second quarter of the prior year. Commenting on the quarter, President and Chief Executive Officer Bill Boor said, “We saw continued strong performance from all phases of our business – production, retail and our Financial Services segment. Our teams executed with excellence in a fluid market with continuing macroeconomic risks.”

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