1208 ET - Rev Group saw minimal impact from tariffs in 2Q thanks to around three months of inventory as it entered the quarter. The maker of specialty vehicles and related aftermarket parts expects a $5 million impact within the RV segment in the second half of the year related to luxury van chassis imported from Europe. CEO Mark Skonieczny on an earnings call says that impact is related to purchases and commitments that were already in place, and the company has transitioned future purchases of the chassis to domestic plants. Rev's adjusted guidance includes a roughly $10 million second half impact of tariffs on its material spend largely within its specialty vehicles segment. Shares surge 15% to $42.78, on pace for a new all-time high. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
June 04, 2025 12:08 ET (16:08 GMT)
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