REV Group Q4: Mixed Results, $250 Million Buyback, Dividend Boost & More
REV Group Q4: Mixed Results, $250 Million Buyback, Dividend Boost & More
Adjusted EBITDA stood at $49.6 million, vs. $54.0 million a year ago quarter. Adjusted EPS of 51 cents exceeded the street view of 49 cents.REV Group, Inc. (NYSE:REVG) shares are trading higher after the company reported fourth-quarter results.
REV Group, Inc. (紐交所:REVG) 的股票在公司報告第四季度業績後交易上漲。
Net sales of $597.9 million missed the consensus of $603.3 million. Excluding the impact of the Collins divestiture, net sales decreased 6.4% year over year due to lower net sales in the Recreational Vehicles segment.
淨銷售額爲59790萬美元，低於共識的60330萬美元。排除柯林斯剝離的影響，淨銷售額同比下降6.4%，主要因休閒車部門的淨銷售額降低。
Specialty Vehicles segment net sales fell 8.1% Y/Y while Recreational Vehicles segment net sales declined 26.5% Y/Y.
特種車輛部門的淨銷售額同比下降8.1%，而休閒車部門的淨銷售額同比下降26.5%。
Adjusted EBITDA stood at $49.6 million, vs. $54.0 million a year ago quarter. Adjusted EPS of 51 cents exceeded the street view of 49 cents.
調整後的EBITDA爲4960萬美元，去年同期爲5400萬美元。調整後的每股收益爲51美分，超過市場預期的49美分。
As of October 31, net debt totaled $60.4 million, with $24.6 million cash on hand.
截至10月31日，淨債務總額爲6040萬美元，手頭現金爲2460萬美元。
The board of directors raised its regular quarterly cash dividend per share to $0.06, payable on January 10, 2025, to shareholders of record on December 26, 2024. This equates to a rate of $0.24 per share of common stock on an annualized basis, representing a 20% increase from fiscal year 2024.
董事會將每股季度現金股息提高至0.06美元，於2025年1月10日支付給2024年12月26日的股東。這相當於每股普通股票的年化股息爲0.24美元，比2024財年增加20%。
On December 5, 2024, the board of directors authorized a new $250 million share repurchase program, replacing the previous $175 million program, under which $126.1 million had been repurchased since June 2023.
2024年12月5日，董事會批准了一項新的25000萬美元的股票回購計劃，取代之前的17500萬美元計劃，自2023年6月以來已回購12610萬美元。
Outlook: REV Group expects FY25 net sales of $2.3 billion – $2.4 billion vs. an estimate of $2.45 billion and the adjusted net income of $116 million – $140 million.
前景：REV Group預計2025財年的淨銷售額爲23億至24億，而估計爲24.5億，預計調整後的淨利潤爲11600萬至14000萬。
For FY25-FY27, the company expects net sales growth of 6% – 8% (CAGR) and Free Cash Flow of over $350 million.
在2025財年到2027財年期間，公司預期淨銷售增長爲6% - 8%（年均複合增長率），自由現金流超過35000萬美元。
REV Group Inc. President and CEO Mark Skonieczny said, "In addition, within fiscal 2024, we divested non-core assets, simplified our reporting structure and returned significant cash to shareholders."
REV Group Inc. 總裁兼首席執行官馬克·斯科涅茨基表示："此外，在2024財年內，我們處置了非核心資產，簡化了報告結構，並向股東返還了大量現金。"
Investors can gain exposure to the stock via Cambria Shareholder Yield ETF (BATS:SYLD) and Cambria ETF Trust Cambria Micro And SmallCap Shareholder Yield ETF (BATS:MYLD).
投資者可以通過Cambria股東收益可交易ETF（BATS:SYLD）和Cambria ETF Trust Cambria微型和小型股東收益可交易ETF（BATS:MYLD）獲得該股票的投資機會。
Price Action: REVG shares are up 16.7% at $34.53 at the last check Wednesday.
價格動態：REVG股票在週三最後檢查時上漲16.7%，達到34.53美元。
Price Action:
價格行動：
- Macy's Lowers Annual Profit Forecast Amid Accounting Misstep, Stock Tumbles
- 梅西百貨因會計失誤下調年度利潤預測，股價暴跌。
譯文內容由第三人軟體翻譯。
