Archive

Posts Tagged ‘eastern time’

Cavco to Release Financials

July 26th, 2013 Comments off

Cavco Industries, Inc., will release financials for Q1 of fiscal year 2014 after the close of the market Thurs., Aug 1. 2013. The following day senior management will discuss the results in a live webcast Fri., Aug 2 at 12 noon Eastern time. Interested parties will be able to listen to the webcast at http://www.cavco.com under the investor relations link. The call will be archived for 90 days under the same link for 90 days following the webcast, according to globenewswire. MHProNews knows Cavco is one of the largest producers of manufactured homes in the country sold under the Cavco, Fleetwood Homes and Palm Harbor Homes brand names. The company also manufactures park model homes, vacation cabins and modular homes, and provides mortgages and insurance to owners of factory-built homes.

(Photo credit: Stacey Hairston/franklinnews-post–Cavco plant, Rocky Mt. Vir.))

Cavco to Announce Quarterly Earnings Report

May 21st, 2013 Comments off

As globenewswire informs MHProNews Cavco Industries, Inc. will release its earnings report for Q4 of fiscal year 2013 following the close of the market Thurs., May 23, 2013. Friday, May 24, senior management officials will discuss the results in a live webcast at 12:00 PM Eastern Time. Listen via Internet: http://www.cavco.com under the Investor Relations link. The call will be archived using the same contact information for 90 days. The second largest producer of manufactured homes in the nation, Cavco designs and produces factory-built housing products under a variety of brand names including Cavco, Fleetwood, and Palm Harbor, and modular homes under the Nationwide Homes brand.

(Image credit: Cavco Industries, Inc.)

Cavco Releasing Financials

January 29th, 2013 Comments off

TradingCharts reports Cavco Industries, Inc. will release its earnings report for Q3 of fiscal year 2013 Thurs. Jan. 31 after the market closes. Senior officials will discuss the results in a live webcast Fri. Feb. 1 at 11:00 AM eastern time. Listen via Internet: http://www.cavco.com under the Investor Relations link. As MHProNews knows, Cavco, the second largest producer of manufactured homes in North America, also manufactures park model homes, cabins, commercial structures, and modular homes.

(Photo credit: Cavco Industries, Inc.)

Cavco Releases Financial Results

November 2nd, 2012 Comments off

In its report of fiscal 2013 second quarter financial results, Phoenix-based Cavco Industries , Inc. (Nasdaq: CVCO), reports net sales fell 15.3 percent, to $110,084,000 from the comparable period of 2012 when sales hit $130,008,000. GlobeNewsWire says net income for Q2 2013 dropped to $2,681,000 from $3,172,000 for the same period in the previous fiscal year. Net sales for the first six months of fiscal 2013 totaled $228,865,000 as compared to $228,989,000 for the first six months in the previous year. Net income for the first six months of fiscal 2012 fell from $11,907,000 to $2,114,000 for the comparable period of fiscal 2013. Joeph Stegmayer, president, chairman and CEO of Cavco attributes the drop in earnings for Q2 2013 to fewer overall homes sold, lower average sales prices from lower price-point homes, and increased competition. While revenues declined, gross margins improved comparing Q2 2013 to the same fiscal period of 2012. He says, “To counteract these challenges, we have continued to expand our sales in niche market areas including, among others: workforce housing, homes for rental use in planned communities, multi-family developments, and camping cabins. The Company’s acquisitions in recent years have helped successfully expand our competencies on numerous homebuilding platforms.” As MHProNews has learned, Cavco is the second largest producer of manufactured housing in the U.S. A conference call will be held Fri., Nov. 2 at 12:00 eastern time to discuss these results. For access, go to www.cavco.com and click on the Investor Relations link. Cavco closed up +3.70% at $50. Nov. 1.

Drew Resets Earnings Report

October 31st, 2012 Comments off

FinanzNachrichten reports Drew Industries, Inc. (NYSE:DW) has rescheduled its third quarter, 2012 earnings report due to the severity of Hurricane Sandy’s effect on the eastern seaboard. The component maker for the MH and RV industries through its wholly-owned subsidiaries Lippert Components, Inc., and Kinro, Inc., will deliver Q3 financials before the market opens Thurs., Nov. 1, with a conference call and webcast to follow the same day at 1 PM eastern time. Fred Zinn, President and CEO of Drew said, “We have made this decision in view of the exceptional circumstances created by Hurricane Sandy along the eastern seaboard. At this time our primary focus must be the safety of our employees along the path of the storm.” As MHProNews reported Oct. 17, 2012, Drew was originally set to present the Q3 numbers Oct. 31, 2012. To hear the webcast, go to www.drewindustries.com. Drew operates 31 factories across the U.S.

(Photo credit: Kinro, Inc., subsidiary of Drew Ind.)

Cavco to Release Financials

October 29th, 2012 Comments off

GlobeNewsWire tells MHProNews Cavco Industries, Inc. (Nasdaq:CVCO) will release its earnings report for the second quarter of fiscal 2013 Thurs., Nov. 1, 2012 after the close of the market. A live webcast conducted by senior management officials to discuss the results will follow the next day, Fri., Nov 2, at 12:00 noon eastern time. Interested parties may listen via the internet at http://www.cavco.com under the Investor Relations link. The call will be archived for 90 days at that same site. Headquartered in Phoenix, Arizona, Cavco is the second largest producer of manufactured housing in the U.S.

(Image credit: Cavco Industries, Inc.)

Drew to Report Financials

October 17th, 2012 Comments off

RVBusiness says White Plains, NT-based Drew Industries, parent company of MH and RV suppliers Lippert Components, Inc. and Kinro, Inc. will release its third quarter 2012 corporate financial report prior to the market opening Oct. 31. A conference call will follow that same day at 11 AM eastern time, although question-and-answer participation will be limited to institutional investors and analysts. A live webcast will be available to all others interested. As MHProNews reported Oct. 3, Drew Chairman Leigh J. Abrams and other board members and officers rang the closing bell at the New York Stock Exchange Oct. 5, 2012 in honor of Drew’s 50th anniversary as a       publicly traded company.

(Image credit: Lippert Components, Inc., and Kinro Inc.)

Killam to Serve up Q2 Financials

August 3rd, 2012 Comments off

Halifax, Nova Scotia-based Killam Properties, Inc. announces it will release its second quarter 2012 financial results Wed. Aug. 8, 2012 after the market closes. The following day, Thurs. Aug 9, Killam will conduct a conference call at 12:00 noon eastern time to discuss the results. MHProNews has learned Killam is one of the largest residential landlords and owner operators of manufactured home communities in Canada, with over 50 MHC’s comprising 7,409 home sites, as well as 146 apartment properties comprising 10,912 apartment units. In 2011, 22% of its net operating income was generated by the MHCs.

(Image credit: Killam Properties, Inc.)

Cavco Announces Q1 Financials

August 3rd, 2012 Comments off

MarketWatch says Phoenix-based Cavco Industries, Inc. (CVCO: +3.63% Aug. 2) reported net sales for the first quarter of fiscal year (FY) 2013 totaled $118,781,000, representing a 20% increase over the $98,981,000 net sales for the first quarter of FY 2012. First quarter 2013 net income was $1,618,000 as compared to $20,688,000 for the same period in 2012. Included in net income for the first quarter of FY 2012 was $22,009,000 representing Cavco’s ownership percentage of the Palm Harbor transaction that occurred April 23, 2011. Commenting on the first quarter results, Vice president and Chief Financial Officer Dan Urness said, “Gross profit as a percentage of net sales increased 4.0% to 20.3% for the first quarter of fiscal 2013 versus 16.3% for the same quarter in the prior year. The increase is primarily attributable to having the full quarter benefit of the generally higher margin Palm Harbor retail and finance businesses versus a partial quarter last year, given the transaction closing date of April 23, 2011.” Cavco will hold a conference call Fri. Aug 3, 2012 at 12:00 noon eastern time to discuss these results. As MHProNews has learned, Cavco designs and produces manufactured and modular homes as well as park model homes, vacation cabins, and commercial structures, and also provides financial services to consumers. Cavco gained +0.25% on the stock market today.

(Image credit: Cavco Industries, Inc.)

Cavco to Release Financials

July 31st, 2012 Comments off

Yahoo!Finance says Cavco Industries, Inc. will release its earnings report for the first quarter of fiscal year (FY) 2013 on Thurs., Aug. 2, 2012 after the close of the market. Senior management will conduct a live webcast the following day, Fri. Aug 3, 2012 at 12:00 noon eastern time to discuss the Q1 results. The call will be archived for 90 days for those unable to participate. As MHProNews knows, Cavco is headquartered in Phoenix, Arizona, and produces manufactured and modular homes as well as park model homes, vacation cabins, and commercial structures. The company also offers mortgage and insurance services to home owners.

(Image credit: Cavco Homes)