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REV Group Inc - REVG STOCK NEWS

Welcome to our dedicated news page for REV Group (Ticker: REVG), a resource for investors and traders seeking the latest updates and insights on REV Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect REV Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of REV Group's position in the market.

Rhea-AI Summary
REV Group, a leading manufacturer of specialty vehicles, appoints Amy Campbell as Chief Financial Officer. Campbell brings extensive financial experience from roles at ASC Engineered Solutions, BrandSafway, and Caterpillar, Inc. She holds multiple certifications and has completed leadership programs at top universities.
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management
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Rhea-AI Summary
REV Specialty Vehicles Segment to Showcase All-Electric Fire Truck 'Vector' on 'Jay Leno's Garage'
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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Rhea-AI Summary
REV Group, Inc. (REVG) announces the pricing of a secondary public offering of 7,395,191 shares of common stock by Selling Stockholders at $18.00 per share. The Company will not receive proceeds from the sale, with the Offering expected to close on March 15, 2024. Goldman Sachs & Morgan Stanley are the joint book-running managers for the Offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
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Rhea-AI Summary
REV Group, Inc. (NYSE:REVG) announces a secondary public offering of 7,395,191 shares of common stock by Selling Stockholders. The Company will not receive proceeds from the sale. Goldman Sachs & Morgan Stanley are joint book-running managers. The Offering is subject to market conditions and an effective shelf registration statement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
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Rhea-AI Summary
REV Group, Inc. (NYSE: REVG) has released its fifth annual corporate responsibility report, focusing on Environmental, Social, and Corporate Governance (ESG) performance for fiscal year 2023. The report highlights REV's commitment to sustainability, diversity, and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
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Rhea-AI Summary
REV Group, Inc. (REVG) reported first quarter net sales of $586.0 million, net income of $182.7 million, and Adjusted EBITDA of $30.5 million. The company adjusted its full-year fiscal 2024 outlook, showing growth in various financial metrics. REV Group completed the sale of Collins Bus Corporation and announced the discontinuation of manufacturing operations at its ElDorado National facility. The company also made strategic capital allocation actions, optimizing its product portfolio and returning cash to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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Rhea-AI Summary
Capacity Trucks, a subsidiary of REV Group, Inc., is celebrating its 50th anniversary as a leader in the terminal trucks industry. The company, founded in 1974 and headquartered in Longview, TX, has achieved significant milestones over the years, including innovative product developments and industry firsts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
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Rhea-AI Summary
REV Group, Inc. (REVG) plans to release its first quarter fiscal 2024 results on March 6, 2024, followed by a live webcast. Investors can access the webcast on www.revgroup.com and the conference call by dialing specific numbers. A telephonic replay will be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary
REV Group, Inc. (NYSE:REVG) announces the pricing of an upsized underwritten public offering of 16,000,000 shares of common stock at $16.50 per share. Selling stockholders are offering the shares, with an option for underwriters to purchase additional shares. REV Group will not receive any proceeds from the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.16%
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buyback offering
Rhea-AI Summary
REV Group, Inc. (REVG) announced a public offering of 12,000,000 shares of common stock by certain selling stockholders. The company is not selling any shares in the offering. Baird, Goldman Sachs & Co. LLC, and Morgan Stanley are the joint book-running managers. REV Group plans to repurchase 6,000,000 shares from the underwriters using cash on hand and borrowings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.98%
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buyback offering
REV Group Inc

NYSE:REVG

REVG Rankings

REVG Stock Data

1.17B
48.00M
2.17%
68.22%
2.22%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Brookfield

About REVG

rev group designs and manufacturers vehicles that serve, move and protect communities and fulfill family dreams. we are proud to serve: our nations heroes, organizations that safely transport future generations and travelers, organizations that facilitate global trade and families at leisure. rev group is the largest manufacturer in north america of emergency vehicles and small buses alongside being the leading manufacturer of recreation vehicles, terminal trucks and street sweepers. our businesses represent both industry innovators and iconic brands with over 60 years of proven history. we manufacture over 16,000 specialty vehicles a year, from 14 world class manufacturing facilities by over 4500 dedicated associates, who are also committed to supporting over 300,000 of our vehicles in daily use. providing proven innovation, performance and durability rev group raises expectations and through partnerships with the best dealers in the industry delivers an unparalleled ownership exp