---
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"
generated_at: "2026-06-02T10:02:35.542928+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Blue Bird Q2 net sales $346M (+15%), Adj EBITDA $46M record; raises FY24 guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001589526-24-000054
- JSON: https://secwatch.observer/filing/0001589526-24-000054.json
- Plain text: https://secwatch.observer/filing/0001589526-24-000054.txt

## Key facts
- Earnings Releases
  Blue Bird Corp reported fiscal 2024 second quarter results: revenue $345.9 million, net income $26.0 million, EPS $0.79. Guidance raised.
  - Period: fiscal 2024 second quarter
  - Revenue: $345.9 million
  - Net income: $26.0 million
  - EPS: $0.79
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1589526/000158952624000054/0001589526-24-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.