CHARLOTTE, Mich., March 6, 2020 /PRNewswire/ -- Spartan
Motors, Inc. (NASDAQ: SPAR) (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 announced
that it has rescheduled the release of its financial results for
the fourth quarter and full year 2019 from March 10, 2020 to Thursday, March 12, 2020 prior to the market
opening. The Company will also host a conference call and
webcast on the same day at 10 a.m.
EDT to discuss its financial results with analysts and
institutional investors.
The extension is needed to finalize the year-end financial
reporting related to the previously announced divestiture of the
Emergency Response (ER) business which closed on February 1, 2020. The ER business will be
reported as a Discontinued Operation.
Conference Call and Webcast Information
The conference call and webcast will be available via:
Webcast: www.spartanmotors.com/webcasts or click on
"Investor Relations" then "Webcasts"
Conference Call: 1-866-652-5200 (domestic) or 412-317-6060
(international); passcode: 10139520
About Spartan Motors
Spartan Motors, Inc. is the North American leader in specialty
vehicle manufacturing and assembly for the commercial and retail
vehicle industries (including last-mile delivery, specialty service
and vocation-specific upfit markets), as well as for recreational
vehicle markets. The Company is organized into two core business
segments: Spartan Fleet Vehicles and Services and Spartan Specialty
Vehicles. Today, its family of brands also include Utilimaster,
Royal Truck Body, Strobes-R-Us, Spartan Chassis, Spartan Authorized
Parts, Spartan Authorized Service Centers, and Spartan Factory
Service Centers. Spartan Motors and its go-to-market brands are
well known in their respective industries for quality, durability,
aftermarket product support and first-to-market innovation. The
Company employs approximately 2,300 associates, and operates
facilities in Michigan,
Indiana, Pennsylvania, South
Carolina, Florida,
Missouri, California, Arizona, Texas, and Saltillo,
Mexico. Spartan reported sales from continuing operations of
$816 million in 2018. Learn more
about Spartan Motors at www.spartanmotors.com.
This release contains several forward-looking statements that
are not historical facts, including statements concerning our
business, strategic position, financial projections, financial
strength, future plans, objectives, and the performance of our
products and operations. These statements can be identified
by words such as "believe," "expect," "intend," "potential,"
"future," "may," "will," "should," and similar expressions
regarding future expectations. These forward-looking
statements involve various known and unknown risks, uncertainties,
and assumptions that are difficult to predict with regard to
timing, extent, and likelihood. Therefore, actual performance
and results may materially differ from what may be expressed or
forecasted in such forward-looking statements. Factors that could
contribute to these differences include operational and other
complications that may arise affecting the implementation of our
plans and business objectives; continued pressures caused by
economic conditions and the pace and extent of the economic
recovery; challenges that may arise in connection with the
integration of new businesses or assets we acquire or the
disposition of assets; restructuring of our operations, and/or our
expansion into new geographic markets; issues unique to government
contracting, such as competitive bidding processes, qualification
requirements, and delays or changes in funding; disruptions within
our dealer network; changes in our relationships with major
customers, suppliers, or other business partners, including Isuzu;
changes in the demand or supply of products within our markets or
raw materials needed to manufacture those products; and changes in
laws and regulations affecting our business. Other factors
that could affect outcomes are set forth in our Annual Report on
Form 10-K and other filings we make with the Securities and
Exchange Commission (SEC), which are available at www.sec.gov or
our website. All forward-looking statements in this release
are qualified by this paragraph. Investors should not place
undue reliance on forward-looking statements as a prediction of
actual results. We undertake no obligation to publicly update
or revise any forward-looking statements in this release, whether
as a result of new information, future events, or
otherwise.
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SOURCE Spartan Motors, Inc.