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Shyft Group Inc (The) - SHYF STOCK NEWS

Welcome to our dedicated news page for Shyft Group (The) (Ticker: SHYF), a resource for investors and traders seeking the latest updates and insights on Shyft Group (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Shyft Group (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Shyft Group (The)'s position in the market.

Rhea-AI Summary
The Shyft Group, Inc. (NASDAQ: SHYF), a North American specialty vehicle manufacturer, has announced a cash dividend of $0.05 per share of common stock. The dividend will be payable on December 15, 2023, to shareholders of record as of November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.48%
Tags
dividends
-
Rhea-AI Summary
The Shyft Group appoints John Dunn as President and CEO, replacing Daryl Adams. Dunn will also join the Board of Directors. Adams will remain in an advisory role for six months. Shyft announces third quarter 2023 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
Tags
management
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Rhea-AI Summary
The Shyft Group, Inc. reports operating results for Q3 2023. Sales decreased by 29.6% compared to the same period last year. Net income and adjusted EBITDA also decreased. Consolidated backlog decreased by 55.5%. Operating cash flow improved significantly. The company repurchased shares and issued a Sustainability Report. The outlook for full-year 2023 is narrowed to the lower-end of the range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
Tags
Rhea-AI Summary
The Shyft Group, Inc. to announce Q3 2023 financial results on October 26th.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
-
Rhea-AI Summary
The Shyft Group has finalized an agreement with Rush Enterprises to sell and service the Company's Blue Arc all-electric delivery vehicles. Blue Arc provides industry benchmark performance levels for range in commercial EVs with CARB certification at 225 miles for Class 3 EVs. Rush Truck Centers will offer vehicle sales and service support through authorized dealerships across their nationwide network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
none
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Rhea-AI Summary
The Shyft Group, Inc. will attend and present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference. Management will discuss the company's strategy, market trends, and Blue Arc EV progress. The Company reported sales of $1.0 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
Tags
conferences
Rhea-AI Summary
The Shyft Group publishes 2023 sustainability report
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.87%
Tags
none
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Rhea-AI Summary
The Shyft Group's CFO will participate in the 2023 RBC Capital Markets Global Industrials Conference. The company reported sales of $1.0 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-36.44%
Tags
Shyft Group Inc (The)

Nasdaq:SHYF

SHYF Rankings

SHYF Stock Data

395.18M
31.53M
9.25%
88.23%
3.36%
Heavy Duty Truck Manufacturing
Manufacturing
Link
US
Novi

About SHYF

at spartan motors, we know the road our customers face and travel. from our beginnings in custom chassis engineering to our emergence in specialized vehicle design, custom manufacturing, and contract assembly, we combine expertise in what best fits beneath your vehicle with the ability to fully optimize what sits above it. whatever the load, whatever the road, spartan motors can help you command it.