Cavco Industries (CVCO) risk factors, FY2026 10-K

Business and Operational Risks

1. 01Shortages or increased transportation costs from rising fuel prices could have an adverse impact to our operations
2. 02Health and safety incidents relating to our operations could be costly to the Company
3. 03Casualty losses associated with the Company's transportation operations may be large, which could adversely impact our financial performance
4. 04Products supplied to the Company or work done by subcontractors can expose the Company to risks that could adversely affect its business
5. 05Increases in the rate of cancellations of home sales orders could have an adverse effect on the Company's business
6. 06Information technology failures or cyber incidents could harm the Company's business
7. 07Failure to maintain the security of personally identifiable information could adversely affect the Company
8. 08The Company has contingent repurchase obligations related to wholesale financing provided to industry distributors
9. 09A write-off of all or part of the Company's goodwill could adversely affect its results of operations and financial condition
10. 10The Company's business and operations are concentrated in certain geographic regions, which could be impacted by market declines

Industry and Economic Risks

1. 11An increase in interest rates could reduce potential buyers' ability or desire to obtain financing with which to buy homes and adversely affect the Company's business or financial results
2. 12The manufactured housing industry is highly competitive, and increased competition may result in lower revenue

Legal and Regulatory Risks

1. 13Changes in trade policies may result in increased costs and could adversely affect our operating results
2. 14The Company's liquidity and ability to raise capital may be limited
3. 15Our failure to maintain effective internal control over financial reporting could harm our business and financial results
4. 16Certain provisions of the Company's organizational documents could delay or make more difficult a change in control of the Company