Extract
Cavalier Announces 2007 Results.
ADDISON, Ala. -- Cavalier Homes, Inc. (Amex: CAV) today announced results for the fourth quarter and year ended December 31, 2007. A summary of the Company's report follows (in thousands, except per share amounts):
[TABLE OMITTED] "Faced with an almost decade-long downturn in manufactured housing, our longstanding goal has been to stabilize our operations and position Cavalier for growth when market conditions improve," said David Roberson, President and Chief Executive Officer. "Because of this goal, we have been reluctant to reduce our operations too severely, choosing instead to preserve our capacity and knowledge capital to support renewed growth when a r...See the full content of this document
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