Stock market players showed interest in Cavco Industries (NASDAQ: CVCO) after the company reported strong quarterly earnings, beating expectations on both revenue and net income. The stock rose over 5% on Friday, outperforming the S&P 500. In the second quarter of fiscal 2026, Cavco earned nearly $557 million in revenue, a 10% increase from the previous year, with GAAP net income rising by almost 20% to $52.4 million. The company saw growth across all segments, particularly in family built housing. Analysts were impressed by the results, with CEO Bill Boor highlighting strong performance in a challenging market environment.
Read more at Nasdaq: Why Cavco Industries Stock Zoomed 5% Higher Today
