Cavco Backlog Rises to $348 Million as Data Center Orders Start
Photo: TokenPost
Cavco Industries said it began seeing data-center workforce-housing orders and shipments in the fiscal second quarter. Total backlog reached $348 million, equal to eight to 10 weeks of production. The quarter ended Sept. 26. Backlog increased $50 million from $298 million in the preceding quarter. The data-center orders and shipments were not separately quantified by dollar value or unit count. Net revenue reached $656.4 million, up 17.9% from a year earlier. Cavco sold 5,972 factory-built homes, a 15.3% increase, and used about 75% of its production capacity.
Source: TokenPost
