Cavco Industries, Inc. (CVCO) Q2 2025 Earnings Call Transcript Summary
Cavco Industries, Inc. (CVCO) Q2 2025 Earnings Call Transcript Summary
Net income for stockholders was $43.8 million, with diluted earnings per share at $5.28.The following is a summary of the Cavco Industries, Inc. (CVCO) Q2 2025 Earnings Call Transcript:
以下是卡寇工業公司 (CVCO) 2025年第二季度業績會文本摘要:
Financial Performance:
金融業績：
Cavco Industries reported a net revenue of $507.5 million in Q2 2025, a 12.3% increase year-over-year.
Capacity utilization improved from 65% to around 70-75%, and gross margin for the quarter was 22.9%.
Net income for stockholders was $43.8 million, with diluted earnings per share at $5.28.
The company engaged in a sizable share repurchase, spending $44 million in the quarter under the program, with an additional $100 million authorized for future repurchases.
卡寇工業報告了2025年第二季度的淨營業收入爲$50750萬，同比增長12.3%。
生產能力利用率從65%提升至約70-75%，本季度毛利率爲22.9%。
股東淨利潤爲$4380萬，每股攤薄收益爲$5.28。
公司進行了大規模的股票回購，在該季度根據計劃花費$4400萬，未來回購額度還有額外的$10000萬。
Business Progress:
業務進展：
The company increased production with units shipped up 15.7% over the previous year and backlogs growing by approximately 20%.
Post-hurricane recovery efforts minimized operational downtime in affected areas, showcasing strong organizational resilience.
Cavco is seeing a continued recovery in the housing market, with sequential improvements across dealer, community, and builder developer channels.
公司增加了生產量，發貨量比去年同期增長了15.7%，積壓訂單增長約20%。
颶風后的恢復工作最大程度地減少了受影響地區的運營停機時間，展示了組織強大的韌性。
卡寇工業正在看到住房市場持續復甦，經銷商、社區和建築商開發商渠道都有序改善。
Opportunities:
機會：
There is potential for increased demand from catastrophe recovery efforts in storm-affected regions, possibly including orders from FEMA or state housing relief efforts.
Continued growth in community and developer order rates reflects a market rebound which may present further sales opportunities.
在受風暴影響地區的災難恢復工作中存在需求增加的潛力，可能包括來自FEMA或州住房救濟工作的訂單。
社區和開發商訂單率的持續增長反映了市場的回暖，可能帶來進一步的銷售機會。
Risks:
風險：
The hurricanes and their aftermath caused operational disruptions, though they were effectively managed.
The fluctuating average selling prices (ASPs) and regional market recoveries, especially in Florida, pose ongoing challenges to maintaining stable growth rates.
颶風及其後果造成了運營中斷，儘管它們被有效地管理了。
波動的平均銷售價格（ASP）和區域市場復甦，特別是在佛羅里達，對維持穩定增長率構成持續挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
