Profile
Sector:
IndustrialsIndustry:
Farm & Heavy Construction MachineryCountry:
United StatesIPO:
19 June 1984Website:
http://www.theshyftgroup.comNext earnings report:
21 February 2025Last dividends:
15 November 2024Next dividends:
N/APrice
pre-market | 11 min agoAnalysts recommendations
Institutional Ownership
SHYF Latest News
NOVI, Mich. , Nov. 21, 2024 /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 Jon Douyard has resigned as Chief Financial Officer to pursue another professional opportunity outside the industry.
NOVI, Mich. , Oct. 30, 2024 /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, Inc. (NASDAQ:SHYF ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Randy Wilson - Vice President, Investor Relations & Treasury John Dunn - President & Chief Executive Officer Jon Douyard - Chief Financial Officer Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisky - D. A. Davidson Gregory Lewis - BTIG Operator Good morning, and welcome to The Shyft Group's Third Quarter 2024 Conference Call and Webcast.
The Shyft Group (SHYF) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.19 per share a year ago.
Expanded gross margin to 20.4%, up 210 basis points year-over-year Blue Arc Class 4 vehicle now in production with first customer deliveries expected in the fourth quarter Maintained full year 2024 adjusted EBITDA outlook of $45 to $50 million; positioned for significant profit growth in 2025 NOVI, Mich. , Oct. 24, 2024 /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 third quarter ending September 30, 2024.
NOVI, Mich. , Oct. 10, 2024 /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 third quarter 2024 financial results prior to the market opening on Thursday, October 24, 2024.
NOVI, Mich. , Sept. 12, 2024 /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, announced today that its management team will be hosting investors at the D.A.
Nationwide Access to Innovative EV Solutions and Significant Financial Incentives for Customers NOVI, Mich. , Sept. 5, 2024 /PRNewswire/ -- 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, has announced that its Blue Arc™ Class 4 EV truck has received both Zero-Emission Powertrain Certification (ZEPCert) and a Heavy-Duty Greenhouse Gas (GHG) Enhanced Electric Executive Order from the California Air Resources Board (CARB).
NOVI, Mich. , Aug. 28, 2024 /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, announced today that its management team will be hosting investors at the 15th Annual Midwest IDEAS Investor Conference on Thursday, August 29, 2024 in Chicago.
NOVI, Mich. , Aug. 8, 2024 /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, announced today that its management team will be meeting with investors at the Raymond James Industrial and Energy Showcase on August 8, 2024.
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What type of business is Shyft?
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
What sector is Shyft in?
Shyft is in the Industrials sector
What industry is Shyft in?
Shyft is in the Farm & Heavy Construction Machinery industry
What country is Shyft from?
Shyft is headquartered in United States
When did Shyft go public?
Shyft initial public offering (IPO) was on 19 June 1984
What is Shyft website?
https://www.theshyftgroup.com
Is Shyft in the S&P 500?
No, Shyft is not included in the S&P 500 index
Is Shyft in the NASDAQ 100?
No, Shyft is not included in the NASDAQ 100 index
Is Shyft in the Dow Jones?
No, Shyft is not included in the Dow Jones index
When was Shyft the previous earnings report?
No data
When does Shyft earnings report?
The next expected earnings date for Shyft is 21 February 2025