The Shyft Group (SHYF) Announces COO Retirement

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The Shyft Group Reports First Quarter 2023 Results

April 27, 2023 7:31 AM EDT

Reports Q1 sales of $243 million, growth of 18% versus prior year; Significant year-over-year profitability improvementDeployed $15 million of capital in the quarter towards share repurchases, capital expenditures and regular dividendsReaffirms 2023 sales and profit outlook in dynamic operating environment

NOVI, Mich., April 27, 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 the commercial, retail and service specialty vehicle markets, today reports operating results for the first quarter ending March 31, 2023.

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