Shyft Group Inc (The) Stock News

Milestone advances process ahead of the special meeting of Shyft shareholders on June 17, 2025 NOVI, Mich. , May 14, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced that (i) the U.S. Securities and Exchange Commission ("SEC") dec...

NOVI, Mich. , May 12, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today announced that it has set the date for the special meeting of the shareholders of Shyft (the "Special Meeting") to consider and vote on the proposal to a...

Spartan RV Owners Now Have Access to Expanded Service Support at 148 Rush Truck Centers Locations Across the U.S. and Canada NOVI, Mich. , May 7, 2025 /PRNewswire/ -- Spartan® RV Chassis, a go-to-market brand of The Shyft Group (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced a stra...

NOVI, Mich. , April 30, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors authorized a cash dividend of $0.05 per share of common stock.

The Shyft Group's shares surged 26.2% after announcing Q1 2025 results and progress on its merger with Aebi Schmidt, despite past financial struggles. Revenue dropped 9.9% from 2022 to 2024, but recent Q1 2025 results showed a 3.4% increase, driven by the Blue Arc electric vehicle line. The merger with Aebi Schmidt is expected to bring significant synergies and growth, with combined revenue pro...

The Shyft Group, Inc. (NASDAQ:SHYF ) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President and Chief Executive Officer Scott Ocholik - Interim Chief Financial Officer, Chief Accounting Officer, and Corporate Controller Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisk...

Sales increased 3.4% year-over-year with notable improvement in profitability Strong balance sheet is well-positioned with net leverage ratio less than 2.0x Maintained full-year 2025 outlook Merger integration planning underway with Aebi Schmidt; transaction remains on track to close by mid-2025 NOVI, Mich. , April 24, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "C...

NOVI, Mich. , April 18, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, will announce its first quarter 2025 financial results prior to the market opening on...