NYSE:REVG

REV Group Appoints New Chief Financial Officer

Retrieved on: 
Monday, April 15, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Corporation, CFO, Global information system, Illinois Wesleyan University, Economics, Summa, Robert Plant discography, Duke University, REV Group, Manufacturing operations, Institute of Internal Auditors, New product development, Caterpillar, Multimedia, Accounting, REV, REVG, Certified Public Accountant, Management

REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.

Key Points: 
  • REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.
  • View the full release here: https://www.businesswire.com/news/home/20240415263342/en/
    REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.
  • (Photo: Business Wire)
    Prior to REV Group, Campbell served as CFO of ASC Engineered Solutions and CFO for BrandSafway’s Commercial and Industrial Division.
  • “Amy is an experienced and highly respected finance executive,” said Mark Skonieczny, CEO and President, REV Group.

Jay Leno’s Garage Features the Vector, REV Group’s All-Electric Fire Truck; Episode to Air on April 15

Retrieved on: 
Wednesday, April 10, 2024
Automotive Manufacturing, Aftermarket, EV, Electric Vehicles, Automotive, Manufacturing, Law Enforcement, Emergency Services, Online, Entertainment, Celebrity, Performance & Special Interest, Public Policy, Government, Fire department, Ladder, Jay, Conference, Carbon, Toronto Fire Services, REV, FDIC International, Vector

View the full release here: https://www.businesswire.com/news/home/20240410106523/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240410106523/en/
    On April 15, Jay Leno's Garage will feature the all-electric North American-style Vector fire truck from REV Fire Group.
  • Here is Mike Virnig, president, REV Specialty Vehicles Segment speaking with host Jay Leno about the Vector.
  • (Photo: Business Wire)
    With over 3.6 million subscribers, “Jay Leno’s Garage” is a YouTube web series about motor vehicles, primarily cars and motorbikes starring Jay Leno, legendary comedian, and veteran host of “The Tonight Show.” The show is filmed at Jay Leno’s Big Dog Garage in Burbank, California.
  • “We are honored to have our Vector fire truck feature in an upcoming episode of ‘Jay Leno’s Garage’,” said Mike Virnig, president, REV Specialty Vehicles.

REV Group, Inc. Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 14, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Fleet Management, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.
  • The Offering is expected to close on March 15, 2024, subject to customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The Offering will be made only by means of a prospectus supplement and the accompanying base prospectus.

REV Group, Inc. Announces Launch of Secondary Offering of Common Stock

Retrieved on: 
Wednesday, March 13, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).
  • The proposed offering is subject to market and other conditions, as well as customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The underwriters intend to offer the shares of common stock to the public at a fixed price, which may be changed at any time without notice.

REV Group Releases Its 2023 Sustainability Report

Retrieved on: 
Thursday, March 7, 2024
Professional Services, Aftermarket, Automotive, DEI (Diversity, Equity and Inclusion), Other Travel, Travel, Other Transport, Trucking, Transport, Automotive Manufacturing, Manufacturing, Sustainability, Other Automotive, Environmental, Social and Governance (ESG), Environment, Recreational Vehicles, Performance & Special Interest, Corporate governance, REV Group, Corporate sustainability, Multimedia, Quality of life, Social, ESG, NACD, Hazardous waste, Atmosphere of Earth, REVG, REV, HR, Workforce, Recreational vehicle, Management

REV Group, Inc. (NYSE: REVG), whose subsidiaries are leading manufacturers of specialty vehicles including fire trucks and RVs, has published its fifth annual corporate responsibility report.

Key Points: 
  • REV Group, Inc. (NYSE: REVG), whose subsidiaries are leading manufacturers of specialty vehicles including fire trucks and RVs, has published its fifth annual corporate responsibility report.
  • The 41-page 2023 Corporate Sustainability Report focuses on REV Group’s Environmental, Social and Corporate Governance (ESG) performance and progress for fiscal year 2023 (November 1, 2022 to October 31, 2023).
  • The 41-page 2023 Corporate Sustainability Report focuses on REV Group’s Environmental, Social and Corporate Governance (ESG) performance and progress for fiscal year 2023 (November 1, 2022 to October 31, 2023).
  • (Photo: Business Wire)
    REV’s 2023 Sustainability Report meets the requirements of the Global Reporting Initiative Standards, which is a standardized, internationally recognized framework that enhances the transparency and accountability of reporting.

REV Group, Inc. Reports Strong First Quarter Results, Provides Updated Fiscal 2024 Outlook

Retrieved on: 
Wednesday, March 6, 2024
Recreational Vehicles, Performance & Special Interest, General Automotive, Aftermarket, Automotive, Other Transport, Trucking, Air, Transport, Automotive Manufacturing, Other Automotive, Logistics, Supply Chain Management, Manufacturing, Collins Industries, REV Group, Growth, Sale, Fire, ElDorado National, Commercial, Trade working capital, REVG, Capital expenditure, GAAP, ABL, Capital, Emergency, Wind, Recreation, ENC

REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).

Key Points: 
  • REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).
  • Consolidated net sales in the first quarter 2024 were $586.0 million, representing an increase of 0.4% compared to $583.5 million for the three months ended January 31, 2023 (“first quarter 2023”).
  • Adjusted EBITDA in the first quarter 2024 was $30.5 million, compared to $21.3 million in the first quarter 2023.
  • Capital expenditures in the first quarter 2024 were $10.5 million compared to $3.8 million in the first quarter 2023.

Capacity Trucks Celebrates 50th Anniversary Milestone

Retrieved on: 
Monday, March 4, 2024
Trucking, Automotive Manufacturing, Transport, Manufacturing, ACT, Social media, REV Group, Multimedia, WB, REVG, Exhibition, Intermodal freight transport

Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG) and trusted yard truck manufacturer, is celebrating its 50th anniversary this year.

Key Points: 
  • Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG) and trusted yard truck manufacturer, is celebrating its 50th anniversary this year.
  • View the full release here: https://www.businesswire.com/news/home/20240304368107/en/
    Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG) and trusted yard truck manufacturer, is celebrating its 50th anniversary this year.
  • “Over the last 50 years, Capacity has become an industry leader in terminal trucks, recognized for its robust manufacturing, high level of customization and durable products,” said Wes Downing, vice president and general manager of Capacity.
  • Key moments include:
    1974 – The smallest Capacity Truck was built for Kennedy Airport, 48” tall and 66” WB
    1988 – Capacity moved to its current location at 401 Capacity Drive, Longview, Texas
    1991 – The largest Capacity Truck was built for Tofeco Oil Field Co., over 43” feet long
    Stay up to date on Capacity’s 50th anniversary celebration all year on its social media platforms:

REV Group to Release First Quarter 2024 Earnings on Wednesday, March 6, 2024

Retrieved on: 
Wednesday, February 21, 2024
Recreational Vehicles, Performance & Special Interest, Public Transport, Transportation, Aftermarket, Automotive, Travel, Other Transport, Trucking, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Eastern Time Zone, REVG, REV Group, Webcast, Conference

REV Group, Inc. (NYSE: REVG), today announced that it is planning to release its first quarter fiscal 2024 results before market open on Wednesday, March 6, 2024.

Key Points: 
  • REV Group, Inc. (NYSE: REVG), today announced that it is planning to release its first quarter fiscal 2024 results before market open on Wednesday, March 6, 2024.
  • The results will be discussed during a live webcast later that morning on March 6, 2024, beginning at 10:00 a.m.
  • The conference call can also be accessed by dialing 1-877-407-9208 (domestic) or 1-201-493-6784 (international) and asking for the REV Group First Quarter Fiscal 2024 Earnings Conference Call.
  • The telephonic replay will be available until 11:59 pm (Eastern Time) on March 20, 2024.

REV Group, Inc. Announces Pricing of Upsized Secondary Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, February 15, 2024
Other Manufacturing, Trucking, Automotive, General Automotive, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Recreational Vehicles, Performance & Special Interest, Varick Street, Attention, Prospectus, REV Group, 2nd Floor, EDGAR, Sale, Form, Syndicate, REVG, Telephone, Morgan Stanley, S-3, Security (finance), Goldman Sachs, Hand

REV Group, Inc. (NYSE:REVG) announced today the pricing of the previously announced underwritten public offering, which has been upsized to 16,000,000 shares of common stock by certain selling stockholders at the public offering price of $16.50 per share.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) announced today the pricing of the previously announced underwritten public offering, which has been upsized to 16,000,000 shares of common stock by certain selling stockholders at the public offering price of $16.50 per share.
  • In connection with the offering, the selling stockholders have granted the underwriters an option to purchase up to 2,400,000 additional shares of common stock from the selling stockholders.
  • REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders.
  • The offering is expected to close on or about February 20, 2024, subject to customary closing conditions.

REV Group, Inc. Announces Proposed Secondary Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Tuesday, February 13, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Recreational Vehicles, Performance & Special Interest, Varick Street, Attention, Prospectus, REV Group, 2nd Floor, EDGAR, Sale, Form, REVG, Telephone, REV, Morgan Stanley, S-3, Security (finance), Goldman Sachs, Hand

REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders.
  • In connection with the offering, the selling stockholders intend to grant the underwriters an option to purchase up to 1,800,000 additional shares of common stock from the selling stockholders.
  • REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders.
  • 333-276009) relating to the shares of common stock of REV Group to be sold in the proposed offering was declared effective by the Securities and Exchange Commission (the “SEC”) on December 19, 2023.