REV Group Loses $14.6 Million in Q1

Mar 7, 2019 | Member News

From RV Pro

 

REV Group has reported results for the three months ended Jan. 31, showing that consolidated net sales were $518.7 million, representing growth of 0.7 percent over the three months ended Jan. 31, 2018. The increase in consolidated net sales was driven by continued sales growth in both the commercial and recreation segments, which was partially offset by lower net sales in the fire and emergency segment.

 

The company’s first quarter 2019 net loss was $14.6 million, compared to net income of $9.4 million in the first quarter of 2018.

 

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