SHYF Stock Recent News

Shyft Group delisted from Nasdaq Aebi Schmidt Group expected to commence regular-way trading of common stock on Nasdaq on July 2, 2025 FRAUENFELD, Switzerland, July 2, 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, announced, on July 1, 2025, the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft, on July 1, 2025. REGULAR-WAY TRADING OF AEBI SCHMIDT GROUP With the completion of the merger, shares of Aebi Schmidt Group traded on the NASDAQ on a "when-issued" basis under the ticker symbol "AEBIV" on Tuesday, July 1, 2025, and are expected to begin trading on a "regular-way" basis under the ticker symbol "A

Combined company named Aebi Schmidt Group Trading on NASDAQ expected to begin July 1, 2025 Shyft common stock delisted from Nasdaq NOVI, Mich. , July 1, 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 the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft.

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 approve the merger agreement (the "Merger Agreement") relating to the previously announced proposed merger (the "Merger") of an indirect, wholly owned subsidiary of Aebi Schmidt Holdings, AG ("Aebi Schmidt") with and into Shyft.

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 strategic partnership with Rush Truck Centers, North America's largest commercial vehicle dealership network.

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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 projected at $2.2 billion and EBITDA at $214 million for 2025.

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 Shlisky - D.A. Davidson Tyler DiMatteo - BTIG Operator Good morning, and welcome to The Shyft Group First Quarter 2025 Conference Call and Webcast.

The Shyft Group (SHYF) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.10 per share. This compares to loss of $0.04 per share a year ago.

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 "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the first quarter ended March 31, 2025.