{"schema_version":"secwatch.filing_event.v1","accession":"0001589526-24-000054","form_type":"8-K","ticker":"BLBD","cik":"0001589526","company_name":"Blue Bird Corp","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.110945+00:00","generated_at":"2026-06-02T10:02:35.542928+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Blue Bird Q2 net sales $346M (+15%), Adj EBITDA $46M record; raises FY24 guidance","bullets":["GAAP net income $26.0M ($0.79 EPS) vs $7.1M ($0.22 EPS) prior year; Adj EPS $0.89 vs $0.27.","Record Q2 Adj EBITDA of $45.8M (13.2% margin), up from $21.1M; driven by 18.8% higher avg bus price.","FY24 Adj EBITDA guidance raised to $145-165M (11.5-12.5% margin); long-term margin target raised to 14%+ on ~$2B revenue.","Backlog ~5,900 units; nearly 500 electric school bus orders; EPA Phase 2 funding of at least $1.5B supports EV growth.","Unit sales 2,254, down 2.2% YoY due to mix and supply constraints; parts revenue +6.1% to $28.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001589526-24-000054","json":"https://secwatch.observer/filing/0001589526-24-000054.json","markdown":"https://secwatch.observer/filing/0001589526-24-000054.md","text":"https://secwatch.observer/filing/0001589526-24-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589526/000158952624000054/0001589526-24-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589526/000158952624000054/blbd-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T10:02:35.542928+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a112e4d917cfd5a037c8e98def20fc07674b8d52","claim":"Blue Bird Corp reported fiscal 2024 second quarter results: revenue $345.9 million, net income $26.0 million, EPS $0.79. Guidance raised.","evidence_excerpt":"remains very strong with just over 5,900 units in our order backlog. Unit sales in the quarter were down slightly from a year ago, however we grew revenue by 15%, to a record $346 million in a quarter. Adjusted EBITDA was an all-time second quarter record of $46 million, reflecting a 13% margin; that’s an outstanding increase of $25 million over last year. In","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589526/000158952624000054/0001589526-24-000054-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 second quarter"},{"label":"Revenue","value":"$345.9 million"},{"label":"Net income","value":"$26.0 million"},{"label":"EPS","value":"$0.79"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}