The Shyft Group Posts Strong First Quarter Results
Reports EPS of $0.32 and Adjusted EPS of $0.36 on Sales of $198 Million
Backlog Nearly Doubles from Year Ago to a Record $667 Million
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NOVI, Mich., May 6, 2021 /PRNewswire/ The Shyft Group, Inc. (NASDAQ: SHYF) (the Company ), the North American leader in specialty vehicle manufacturing and assembly for the commercial and fleet vehicle industries (including last mile delivery, specialty service and vocation-specific upfit markets), as well as for the recreational vehicle markets, today reported operating results for the first quarter ending March 31, 2021.
As previously announced, the Company divested its Emergency Response (ER) business effective February 1, 2020. Accordingly, the financial results of ER have been classified as discontinued operations for all periods presented. Unless otherwise noted, financial results presented are based on continuing operations
The Shyft Group Conference Call And Webcast Of First Quarter 2021 Results Scheduled For May 6
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The Shyft Group Conference Call And Webcast Of First Quarter 2021 Results Scheduled For May 6
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The Shyft Group Recognizes Employees With Additional $500 Cash Bonus Following Robust Year
The company is awarding associates across all US-based campus locations and brands with bonuses
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NOVI, Mich., March 16, 2021 /PRNewswire/ The Shyft Group (NASDAQ: SHYF) ( Shyft or the Company ), North America s 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, recently announced it is awarding employees with a special $500 bonus.
The bonuses are being awarded to Shyft employees in recognition of their sustained commitment to customers and their crucial role in the company s strategic evolution throughout an unprecedented year. The $500-bonus amount is being paid to both full- and part-time associates who were employed with the company in 2020 in a U.S. campus location.