secwatch.observer — SEC 8-K summary
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Issuer:     Blue Bird Corp (BLBD)
CIK:        0001589526
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001589526-22-000088
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Bird FY2022 net loss $45.8M; FY2023 Adj. EBITDA guidance $35-45M
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- Full-year net sales $800.6M (+17% YoY); unit sales 6,822, up 143 units.
- Q4 net loss $23.1M, adjusted EBITDA -$16.4M on ongoing supply-chain and inflation headwinds.
- Record EV backlog of $600M+ with 850+ EVs delivered; EV bookings up 85% YoY.
- FY2023 guidance: revenue $900-1,000M, Adj. EBITDA $35-45M, Adj. FCF $0-10M.
- CEO cites 25% price increases and cost-reduction plan to return to historical profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589526/000158952622000088/0001589526-22-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589526/000158952622000088/blbd-20221212.htm
  HTML page:      https://secwatch.observer/filing/0001589526-22-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer