Cavco Industries, Inc. (NASDAQ:CVCO) Q2 2024 Earnings Call Transcript

Bill Boor: Thank you. Obviously, the focus of the call has been on financial results and understanding market dynamics at the moment. Internally, the various parts of our company are really working better than ever. For example, our marketing team continues to leverage the digital investments we have made and that’s benefiting our dealers and home shoppers and they are working seamlessly with our expanding national sales team to grow the business. We have got a lot going on in learning and development, where I feel like we have created really world-class programs aimed at improving leadership across the enterprise and providing clear pathways for our people. And finally, the business leadership across manufacturing, retail and Financial Services are doing a great job teaming up to ensure we have the right products and services for our distribution partners.

As I have said before, our operators in all business segments are doing an outstanding job managing the challenging market conditions and that’s reflected in the strong cash flows despite the environment. But the real focus throughout the company is on getting ready to run, when economic conditions support, turning the tide on the huge deficit of attainable housing in our country and getting more families into quality Cavco homes, that’s our real focus and these conditions really haven’t taken our eye off that ball at all. So thank you as always for your interest in Cavco. We look forward to keeping you updated on our progress.

Operator: Thank you for your participation in today’s conference. This does conclude the program. You may now disconnect.