Blue Bird

Blue Bird Corp. engages in the design and manufacture of school buses. It operates through the Bus and Parts business segments. The Bus segment includes the manufacturing and assembly of school buses to be sold to a variety of customers across the United States, Canada, and in international markets. The Parts segment provides routine maintenance, replacement of parts that are damaged in service, and replacement of parts that suffer from wear and tear. The company was founded by Albert Laurence Luce in 1927 and is headquartered in Macon, GA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Blue Bird reports strong Q1 performance, eyes $2B revenue

Blue Bird Corporation's Q1 2023 performance was robust, marked by strong sales, record revenue, and positive free cash flow, showcasing operational progress.
While facing challenges such as negative adjusted EBITDA, the company is optimistic about future growth and aims for significant revenue and EBITDA milestones.
With a focus on alternative power and operational improvements, Blue Bird is strategically positioned for expansion and profitability in the coming years.

Blue Bird reports record Q2 results, eyes growth in EV market

Blue Bird's Q2 performance reflects strong growth, driven by its focus on electric buses and successful Clean School Bus Program. While facing challenges related to supply chain disruptions and inflation, the company is optimistic about future opportunities and remains committed to growth and profitability.

Blue Bird excels in Q3, raises guidance on EV growth

Blue Bird's Q3 earnings call highlighted exceptional performance, operational improvements, and a positive outlook for sustained growth. The company's focus on EVs, raised guidance, and confidence in managing various external variables position it well for future success in the school bus industry.

Blue Bird achieves record profits in 2023, eyes sustainable growth

Blue Bird's fiscal year 2023 was marked by exceptional financial success, strong EV sales growth, and strategic initiatives for sustainable transportation solutions.
While facing challenges such as labor discussions and infrastructure concerns, the company remains focused on operational efficiency and market opportunities.
With a clear roadmap for fiscal 2024, including revenue growth targets and margin improvements, Blue Bird is poised for continued success in the evolving transportation industry.
By leveraging partnerships, federal funding support, and cost reduction strategies, Blue Bird aims to maintain its competitive edge and drive innovation in clean tech finance.

Blue Bird reports record Q1 results, anticipates margin pressures

Blue Bird's Q1 performance was exceptional, leading to raised full-year guidance despite anticipated margin pressures. The company's strategic focus on EVs, alternative powered vehicles, and market share growth positions it well for future success.

Blue Bird achieves record profits and eyes growth in electric vehicles

Blue Bird's Q2 performance reflects robust financial health and a strategic focus on growth. With record profits, strong order backlog, and a push towards electric vehicles, the company is poised for continued success. Challenges like supply chain issues and cost pressures are being navigated with confidence.

Blue Bird achieves record profits, expands EV production capacity

Blue Bird's Q3 performance reflects strong financial results, driven by record profits and increased demand for electric buses.
While facing supply chain challenges, the company is strategically investing in facilities and processes to drive future growth.
Opportunities for expansion and innovation, including the DOE grant and leadership transition, position Blue Bird for continued success.

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Blue Bird Corp. engages in the design and manufacture of school buses. It operates through the Bus and Parts segments. The Bus segment includes the manufacturing and assembly of school buses to be sold to a variety of customers across the United States, Canada, and in international markets. The Parts segment focuses on the purchases of parts from third parties to be sold to dealers within the company’s network and certain large fleet customers. The company was founded by Albert Laurence Luce in 1927 and is headquartered in Macon, GA.

Blue Bird Corporation (BLBD) CEO Matt Stevenson on Q4 2021 Results - Earnings Call Transcript

Blue Bird (NASDAQ:BLBD) reported its Q4 earnings results on Wednesday, December 15, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Blue Bird: Q4 Earnings Insights

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2021 fourth quarter and full year results. GAAP net income for the year of $(0.3) million was $12.5 million lower than FY2020. Adjusted EBITDA for the year was $34.1 million, $20.6 million lower than last year. Supply chain disruptions resulted in more than 2,000 bookings being delayed to fiscal 2022. Order backlog is stro

Blue Bird Reports Fiscal 2021 Fourth Quarter and Full Year Results; Impacted by Supply Chain Disruptions; Strong Demand and Record Firm Order Backlog; Well Positioned for EV Market Expansion

FORT VALLEY, Ga.--(BUSINESS WIRE)--Today, Blue Bird Corporation (NASDAQ: BLBD) (“Blue Bird” or the “Company”), a leading manufacturer of school and activity buses, announced that it has entered into and closed on a securities purchase agreement with clients of Coliseum Capital Management, LLC (collectively “Coliseum”). Blue Bird issued and sold an aggregate of $75 million in common shares at a price of $16.00 per share (the “Private Placement”). “We are excited to have strengthened our investor

Blue Bird Corporation Announces $75M Private Placement

Blue Bird (NASDAQ:BLBD) is set to give its latest quarterly earnings report on Wednesday, 2021-12-15. Here's what investors need to know before the announcement.

Earnings Outlook For Blue Bird

Blue Bird (BLBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Blue Bird (BLBD) Q4 Earnings Expected to Decline

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, will release its fiscal 2021 fourth quarter and full year financial results on December 15, 2021. The public is invited to attend an audio webcast in which Blue Bird executives Matthew Stevenson, President and CEO, and Razvan Radulescu, CFO, will discuss results. This webcast will take place at 4:30PM ET on December 15, 2021. A slide presentation will be availabl

Blue Bird to Report Fiscal 2021 Fourth Quarter and Full Year Results on December 15, 2021

FORT VALLEY, Ga.--(BUSINESS WIRE)--Today, Blue Bird Corporation (NASDAQ: BLBD), a leading manufacturer of school and activity buses, announced that it entered into a fourth amendment to its credit facility, dated as of December 12, 2016. The Fourth Amendment provides for covenant relief through Blue Bird's fiscal second quarter year 2023. For the fiscal 2022 period, the net leverage ratio is replaced by a minimum trailing twelve-month EBITDA quarterly covenant, a monthly liquidity test and a th

Blue Bird Corporation Announces Amendment of Credit Facility

FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (NASDAQ: BLBD) announced today that it has filed a "universal shelf" registration statement on Form S-3 with the Securities and Exchange Commission (SEC) for the registration of shares of the Company's Class A common stock, debt securities, preferred stock and/or warrants. When declared effective by the SEC, the shelf registration statement will allow the Company to raise capital, up to an aggregate of $200.0 million. The specifics of any

Blue Bird Corporation Announces Filing of Form S-3 Shelf Registration Statement

FORT VALLEY, Ga.--(BUSINESS WIRE)--With over 20,000 clean fuel buses in operation, Blue Bird is committed to the advancement of emissions-reducing school transportation in the United States. The newly passed Bipartisan Infrastructure Deal will deliver more emissions-reducing electric, propane and compressed natural gas school buses to American school districts in rural, suburban and urban communities. “Thanks to the foresight and innovation of companies like the Blue Bird Corporation, Georgia i

New Legislation Funds Major Deployment of Zero and Low-Emissions School Buses

Most U.S. schools are back in person and the company could rebound in the next few years. However, its near-term outlook is hardly strong and its stock is down 25% in the last three months.

Bear of the Day: Blue Bird Corporation (BLBD)

Blue Bird Corp (NASDAQ: BLBD) has appointed Razvan Radulescu as Chief Financial Officer.  Razvan has over 20 years of financial and operating experience at Daimler AG's (OTC: DDAIF) Daimler Trucks.

Blue Bird Names Former Daimler Trucks Executive As Finance Chief

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that it has appointed Razvan Radulescu as Chief Financial Officer (CFO). Razvan has over 20 years of financial and operating experience at Daimler Trucks, where he held various roles of increasing responsibility in Finance and Controlling, as well as Procurement, including IT and Compliance. Most recently, Razvan served as General Ma

Blue Bird Appoints Razvan Radulescu Chief Financial Officer Effective October 1, 2021

Blue Bird Corporation (BLBD) CEO Phil Horlock on Q3 2021 Results - Earnings Call Transcript

Blue Bird (BLBD) delivered earnings and revenue surprises of -58.70% and -19.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Blue Bird (BLBD) Lags Q3 Earnings and Revenue Estimates

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2021 third quarter results. GAAP net income for the quarter of $4.3 million was $3.0 better than the same FY2020 fiscal period. Adjusted EBITDA for the quarter was $13.2 million, $0.7 million above last year. Supply chain disruptions resulted in approximately 550 fewer bookings than planned in the period. Order backlog is

Blue Bird Reports Fiscal 2021 Third Quarter Results Focused on Margin Expansion and EV Growth Impacted by Supply Chain Disruptions

DRUMMONDVILLE, Quebec--(BUSINESS WIRE)--Micro Bird Holdings (Micro Bird), a Blue Bird and Girardin joint venture and North American market leader in the Type A school bus market, has acquired a controlling interest in the EV drivetrain integrator and supplier GranTuned Automobiles (Ecotuned). This strategic acquisition firmly positions Micro Bird for substantial growth in the light and medium duty EV market by bringing core electrification-expertise and value to both Micro Bird and the broader

Micro Bird Acquires Controlling Interest in Ecotuned, Electric Vehicle Drivetrain Integrator

Nuuve

SAN DIEGO and FORT VALLEY, Ga., Aug. 11, 2021 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, and Blue Bird Corporation (Nasdaq: BLBD), the leading American-made independent designer and manufacturer of school buses, announced today their plan to deploy the extensive financing capabilities from Levo Mobility LLC (Levo), Nuvve's recently formed joint venture with Stonepeak Partners LP, across Blue Bird's distribution network, allowing customers to lease V2G electric school buses, related charging infrastructure, and energy management for an attractive flat monthly fee with no upfront costs.

Nuvve and Blue Bird Announce Plans to Expand Partnership and Utilize Levo's Fleet-as-a-Service Leasing Model to Make Electric School Buses More Affordable

Blue Bird (BLBD) Reports Next Week: Wall Street Expects Earnings Growth

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, will release its fiscal 2021 third quarter financial results on August 12, 2021. The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, CEO, and Phil Tighe, CFO, will discuss results. This webcast will take place at 4:30PM ET on August 12, 2021. A slide presentation will be available to support the webcast. The webcast of the

Blue Bird to Report Fiscal 2021 Third Quarter Results on August 12, 2021

MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird” or “Company”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that it has appointed Matthew Stevenson as President of the Company, effective July 1, 2021. Mr. Stevenson is expected to succeed Philip Horlock as Chief Executive Officer (“CEO”), who has elected to retire from the Company, no later than November 1, 2021. With the July 1 leadership change, Mr. Horlock, President and CEO

Blue Bird Corporation Announces Leadership Changes

Electrifying school buses is good for the environment and good for growth.

School Buses Are Going Electric, Blue Bird Says

FORT VALLEY, Ga.--(BUSINESS WIRE)--During an annual dealer meeting in late May, school bus manufacturer Blue Bird Corporation announced the milestone of 500 electric-powered school buses delivered or on order. As the only school bus manufacturer that produces and sells all three school-bus body configurations in EV, Blue Bird expects its electric bus sales to accelerate through the rest of 2021. “Customer interest and excitement in owning a Blue Bird electric-powered school bus is increasing ev

Blue Bird Charges Ahead with 500 Electric School Buses in North America

Blue Bird is a leading manufacturer of both conventional and alternative fuel (propane, CNG, electric) school buses in North America.

Blue Bird: In The Driver's Seat Of The EV School Bus Market

Blue Bird Corporation (BLBD) CEO Phil Horlock on Q2 2021 Results - Earnings Call Transcript

News for Blue Bird Stock (BLBD)