GlobeNewswire
PHOENIX, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the first fiscal quarter ended July 1, 2023. First Quarter Summary Net revenue was $476 million, down 19% compared to $588 million in the first quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 24.8%, compared to 24.4% in the prior year. The current year period was impacted by purchase accounti