SHYF Stock Recent News

After The Shyft Group, Inc.'s successful transformation that led to stellar financial results from 2016-2021, the company is facing both short-term and long-term uncertainties. Short term, the company's earnings will likely be dictated by demand trends for RVs and last-mile delivery vehicles. Over the long-term, Shyft's success will be determined by its Blue Arc EV roll-out as e-commerce companies invest in electric fleets.

Shyft delivered solid earnings, but warned it was unlikely to meet expectations for the full year. The company is seeing a slowdown in demand for delivery vehicles and motorhome chassis.

NOVI, Mich., July 18, 2023 (GLOBE NEWSWIRE) -- 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 second quarter 2023 results prior to the market opening on Thursday, July 27, 2023. A conference call and webcast will begin at 8:30 a.m. ET to discuss its financial results with analysts and institutional investors.

Specialty vehicle manufacturing company Shyft Group Inc.'s stock SHYF, -1.09% rose 3% premarket Monday, after the company announced a leadership transition plan. The Novi, Michigan-based company said Chief Executive Daryl Adams will step down once a successor has been appointed.

NOVI, Mich., May 31, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will attend the 20th Annual Craig-Hallum Institutional Investor Conference in Minneapolis, Minnesota on May 31, 2023. The Shyft Group will be hosting one-on-one meetings with institutional investors throughout the day.

Michigan-based Shyft Group , a multi-brand manufacturer of medium-duty specialty vehicles, is preparing to launch production this fall of a new line of electric trucks and vans under the Blue Arc brand.

The Shyft Group, Inc. (NASDAQ:SHYF ) Q1 2023 Earnings Conference Call April 27, 2023 10:00 AM ET Company Participants Randy Wilson - Vice President, Investor Relations and Treasury Daryl Adams - President, CEO and Director Jon Douyard - CFO Conference Call Participants Felix Boeschen - Raymond James Michael Shlisky - D.A. Davidson Greg Lewis - BTIG Steve Dyer - Craig Hallum Matt Koranda - Roth MKM Operator Good morning, everyone.

NOVI, Mich., April 13, 2023 (GLOBE NEWSWIRE) -- 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 2023 results prior to the market opening on Thursday, April 27, 2023. A conference call and webcast will begin at 10 a.m. ET to discuss its financial results with analysts and institutional investors.

NOVI, Mich., March 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Daryl Adams, President and Chief Executive Officer and Jon Douyard, Chief Financial Officer, will attend the 35th Annual Roth Conference in Dana Point, California on March 13 and 14, 2023. They will be hosting one-on-one meetings with institutional investors and a fireside chat.

In order for electric trucks and delivery vans to proliferate, the EV industry has some infrastructure issues to iron out. One thing the space isn't lacking, though, is choice.