REV Group had $518.7 million in 1Q

Freeman Staff

March 7, 2019

MILWAUKEE ó An increase in consolidated net sales for the REV Group, Inc.ís Commercial and Recreation segments in the first quarter helped the company achieve a 0.7 percent growth in sales compared to the first quarter last year.

The Milwaukee company reported Wednesday that its consolidated net sales in the first quarter 2019 were $518.7 million. 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. REV Groupís first quarter 2019 net loss was $14.6 million, or $0.23 per diluted share, compared with net income of $9.4 million, or $0.14 per diluted share, in the first quarter of 2018.