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Blue Bird - BLBD STOCK NEWS

Welcome to our dedicated page for Blue Bird news (Ticker: BLBD), a resource for investors and traders seeking the latest updates and insights on Blue Bird stock.

Overview

Blue Bird Corporation is a distinguished American manufacturer specializing in the design, engineering, and production of school buses, with a strong commitment to safety and innovation. Operating in a highly specialized niche, the company is renowned for its expertise in bus manufacturing, its advanced engineering solutions, and a carefully maintained safety standard that addresses the critical need for secure student transportation. With roots tracing back to 1927, Blue Bird has consistently set industry benchmarks, evolving its range of products to meet and exceed educational transportation standards.

Business Segments

The company operates primarily through two key segments:

  • The Bus Segment: This core business area encompasses the design, engineering, production, and sales of school buses. Blue Bird offers complete lines of Type A, C, and D buses, available in a variety of options and configurations to suit diverse operational needs. Its engineering prowess ensures that each bus meets stringent safety and performance standards, making them a trusted choice for school districts and transportation agencies.
  • The Parts Segment: Complementing its bus manufacturing, Blue Bird supplies replacement parts through an extensive network, ensuring longevity and reliability of its products. This segment is crucial for maintaining operational efficiency and customer satisfaction, providing high-quality components that support ongoing fleet maintenance.

Manufacturing and Operational Excellence

Blue Bird Corporation has established robust manufacturing facilities centered in Georgia, which support its high production standards and innovation in design. The company’s network of dealers and service centers throughout North America reinforces its commitment to quality and customer accessibility. Additionally, the maintenance of a global presence through sales in over 60 countries highlights its capability to cater to international markets, while upholding a consistent commitment to operational excellence.

Financial Solutions and Customer Support

Beyond manufacturing, Blue Bird integrates comprehensive financial services through Blue Bird Capital Services. This division provides tailored financial solutions, facilitating customer access to the company’s products and extended warranties. This integrated approach not only enhances customer convenience but reinforces the overall value proposition by offering flexibility and support throughout the purchase and ownership lifecycle.

Commitment to Safety and Innovation

Central to Blue Bird’s operational philosophy is an unwavering focus on safety, particularly given the critical importance of student transportation. The company continuously innovates its design and engineering methods to adhere to, and often surpass, established safety benchmarks. This commitment is reflected in every aspect of its manufacturing process, ensuring that each product is not just a bus, but a secure vehicle built with responsibility and precision.

Market Position and Industry Context

Positioned as an independent designer and manufacturer, Blue Bird has carved a niche in the competitive landscape of school bus production. It differentiates itself through a combination of technical innovation, an enduring legacy of quality, and a comprehensive service model that spans from product development to after-sales support. In a market where reliability, durability, and safety are paramount, Blue Bird’s strategic integration of manufacturing excellence with financial services offers a holistic solution, reinforcing its credible stance among both public and private sector customers.

Operational Strategy and Value Proposition

Blue Bird Corporation’s success is built on its systematic approach to product quality and customer satisfaction. The company’s diversified approach includes:

  • Advanced, safety-focused design and engineering for a range of school bus types.
  • A comprehensive parts distribution network, ensuring durability and cost-effective maintenance.
  • Integrated financial solutions that facilitate customer transactions and enhance product value.

This integrated operational structure not only underscores its commitment to safety but also showcases its ability to adapt to a dynamic market environment, positioning it as a stalwart in school transportation.

Rhea-AI Summary
Blue Bird Corporation (BLBD) announces a secondary offering of 4,042,650 shares of common stock by an affiliate of American Securities LLC. The Company will not receive any proceeds from the offering, with all proceeds going to the Selling Stockholder. Barclays is the sole underwriter for the offering, which will be made through various channels at market prices. The offering is based on a shelf registration statement filed with the SEC in December 2021.
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Blue Bird Corporation (Nasdaq: BLBD) announced its fiscal 2024 first quarter results, reporting net sales of $317.7M, up 35%, and GAAP net income of $26.2M, up $37.4M. The company sold 2,129 buses, up 9%, and raised FY2024 Adj. EBITDA guidance to $130M. The CFO also increased the full-year guidance to Net Revenue to $1.15-1.25 Billion, Adj. EBITDA of $120-140 million, and Adj. Free Cash Flow of $60-70 million.
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Blue Bird Corporation (Nasdaq: BLBD) has announced a $60 million stock repurchase program, reflecting management's confidence in the company's strong performance, growth prospects, and commitment to enhancing shareholder value. The program permits repurchases in open market or private transactions and is expected to be funded from existing cash balances, future free cash flow, or indebtedness.
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Nuvve Holding Corp. (NVVE) celebrates the deployment of the 500th electric school bus EVSE managed through its proprietary GIVe™ bidirectional, smart-charging software platform by the Orange Unified School District in California. The district purchased thirteen Nuvve Level 2 'PowerPort' chargers and three 60kW chargers, following their 2021 purchase of fifteen Nuvve Level 2 PowerPort chargers for their existing fleet of electric school buses. Nuvve's CEO highlighted the potential for future recurring revenues ranging between $1.5 to $2.0 million per year over the life of the vehicles from grid service revenues. Blue Bird CEO Phil Horlock also commended Nuvve for achieving this milestone, emphasizing the partnership between industry-leading electric school buses and high-performing vehicle charging infrastructure.
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Blue Bird Corporation (BLBD) will release its fiscal 2024 first quarter financial results on February 7, 2024. The webcast and conference call will be led by CEO Phil Horlock and CFO Razvan Radulescu at 4:30PM ET on the same day. The public is invited to attend the audio webcast, and a slide presentation will be available to support the discussion. Dial-in details and the webcast will be accessible on Blue Bird's Investor Relations website. A replay of the webcast will be available approximately two hours after the call concludes.
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Los Angeles Unified School District (LAUSD) has placed the largest order of electric school buses from Blue Bird Corporation in its history, ordering 180 electric, zero-emission school buses. The shift to clean student transportation will help LAUSD realize its ambitious goals of reducing harmful greenhouse gas emissions while improving its operational efficiencies. The order includes 150 All American and 30 Vision model buses, with anticipated delivery starting in October 2024 and fulfillment in early 2025. The buses have a range of up to 130 miles on a single charge and come standard with vehicle-to-grid (V2G) capability, allowing LAUSD to potentially sell excess energy stored in school bus batteries back to electric power companies at a profit.
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Blue Bird Corporation (Nasdaq: BLBD) is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky, funded by a $9 million grant through the U.S. Environmental Protection Agency’s Clean School Bus Rebate program. The state-of-the-art electric buses feature extended range, faster battery charging, and increased seating capacity, marking a new era of clean student transportation for the school district.
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Blue Bird Corporation (Nasdaq: BLBD) announced that an affiliate of American Securities LLC intends to offer 2,500,000 shares of Blue Bird's common stock. The offering consists entirely of secondary shares to be sold by the Selling Stockholder, with the Company not receiving any proceeds from the offering. BofA Securities and Barclays are acting as the underwriters of the offering. The offering is made pursuant to an effective shelf registration statement filed by Blue Bird with the SEC on December 23, 2021.
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Blue Bird Corporation (BLBD) announced fiscal 2023 full year net sales of $1,132.8M, up 41%, and GAAP net income of $23.8M, up $69.6M. Adjusted EBITDA of $87.9M, up $102.7M with 8,514 buses sold, up 25%. FY2024 Adj. EBITDA Guidance Increased to $115M or ~10% Margin.
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Blue Bird Corporation (BLBD) and Generate Capital form Clean Bus Solutions, LLC, a joint venture to accelerate the adoption of electric school buses in North America. The JV will offer a fleet electrification-as-a-service solution to make it easier for school districts to upgrade to electric vehicles.
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FAQ

What is the current stock price of Blue Bird (BLBD)?

The current stock price of Blue Bird (BLBD) is $33.71 as of April 18, 2025.

What is the market cap of Blue Bird (BLBD)?

The market cap of Blue Bird (BLBD) is approximately 1.1B.

What is the core business of Blue Bird Corporation?

Blue Bird Corporation specializes in the design, engineering, and manufacturing of school buses and supplies replacement parts. It also offers integrated financial services to support its product lines.

What are the primary business segments of Blue Bird?

The company operates through two main segments: the Bus segment, which deals with the production and sale of school buses, and the Parts segment, which provides essential replacement parts.

How does Blue Bird ensure the safety of its products?

Safety is a paramount focus for Blue Bird. The company employs advanced engineering techniques and adheres to rigorous safety standards in the design and manufacturing of its buses, ensuring robust protection for students.

What distinguishes Blue Bird from its competitors?

Blue Bird differentiates itself through its longstanding commitment to innovation, comprehensive service model, and integration of financial solutions. Its independent design and manufacturing processes further reinforce its reputation for quality and reliability.

In which markets does Blue Bird operate?

While the majority of its operations are in the United States, Blue Bird also generates revenue from Canada and numerous international markets, serving over 60 countries through its global network of dealers and distributors.

How does the Parts segment complement Blue Bird's overall business?

The Parts segment is vital for maintaining the longevity and performance of Blue Bird’s buses. It supports customer operations by ensuring quick access to high-quality replacement components and aftermarket services.

What role does Blue Bird Capital Services play in the company?

Blue Bird Capital Services offers comprehensive financial solutions that simplify the acquisition process for customers. This division enhances the company’s overall value proposition by providing flexible financing and extended warranty options.

How has Blue Bird maintained its market reputation over the years?

With a heritage dating back to 1927, Blue Bird has consistently demonstrated a commitment to innovation, quality, and safety. Its deep industry knowledge and evolving product lines have cemented its status as a trusted name in school transportation.
Blue Bird

Nasdaq:BLBD

BLBD Rankings

BLBD Stock Data

1.10B
31.84M
0.81%
111.55%
19.07%
Farm & Heavy Construction Machinery
Truck & Bus Bodies
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United States
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