The Shyft Group (SHYF) Tops Q4 EPS by 9c; Offers 2022 Guidance

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Go back to The Shyft Group (SHYF) Tops Q4 EPS by 9c; Offers 2022 Guidance

The Shyft Group Reports Fourth Quarter and Full-Year 2021 Results

February 24, 2022 7:30 AM EST

NOVI, Mich., Feb. 24, 2022 (GLOBE NEWSWIRE) -- 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 fourth quarter and full-year periods ending December 31, 2021.

Full-Year 2021 Highlights from Continuing Operations1

For the full-year 2021 compared to the full-year 2020:

Sales of $991.8 million, an increase of $315.8 million, or 46.7%, from $676.0 million. Gross margin... More