secwatch.observer — SEC 8-K summary
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Issuer:     Blue Bird Corp (BLBD)
CIK:        0001589526
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001589526-25-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Bird Q2 FY2025 net sales $359M, Adj. EBITDA $49.2M, beats guidance
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- Unit sales 2,295 (+41 YoY); revenue up 3.7% to $358.9M; record 265 electric buses sold in Q2.
- GAAP net income $26.0M ($0.79 diluted EPS); Adjusted diluted EPS $0.96.
- Adjusted EBITDA $49.2M (14% margin), up $3.5M YoY; FY2025 guidance reaffirmed: Adj. EBITDA $190-210M.
- Record 1,100+ EV buses in order backlog; order backlog approx. 4,900 units.
- CEO cites strong demand; long-term target Adj. EBITDA margin 15%+ on ~$2B revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589526/000158952625000067/0001589526-25-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589526/000158952625000067/blbd-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001589526-25-000067

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