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Blue Bird Corp - BLBD STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blue Bird's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blue Bird's position in the market.

News
Blue Bird to Report Fiscal 2024 Second Quarter Results on May 8, 2024
Rhea-AI Summary
Blue Bird (Nasdaq: BLBD) will report its fiscal 2024 second quarter financial results on May 8, 2024, with a webcast and conference call featuring CEO Phil Horlock and CFO Razvan Radulescu at 4:30PM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.58%
Tags
conferences earnings
-
News
Blue Bird Announces Launch of Secondary Public Offering
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.66%
Tags
offering
-
News
Blue Bird Reports Fiscal 2024 First Quarter Record Results; Raises 2024 Guidance
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
earnings
News
Blue Bird Announces Authorization of $60 Million Stock Repurchase Program
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.49%
Tags
buyback
-
News
Nuvve Celebrates 500th Electric School Bus EVSE Deployed in the K-12 Business Channel
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
none
-
News
Blue Bird to Report Fiscal 2024 First Quarter Results on February 7, 2024
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
conferences earnings
News
Blue Bird Receives Record Order of 180 Electric School Buses
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
-
News
Blue Bird Delivers First Electric School Bus Fleet to Carter County Schools in Kentucky
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.68%
Tags
none
-
News
Blue Bird Announces Launch of Secondary Public Offering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.31%
Tags
offering
News
Blue Bird Reports Fiscal 2023 Fourth Quarter and Full Year Record Results; Beats 2023 Guidance and Raises 2024 Guidance
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.45%
Tags
earnings
Stock BLBD logo
Blue Bird Corp

Nasdaq:BLBD

BLBD Rankings

#2347 Ranked by Market Cap
#132 Ranked by Stock Gains
N/A Ranked by Dividends

BLBD Stock Data

1.16B
32.00M
0.75%
83.11%
3.81%
Heavy Duty Truck Manufacturing
Manufacturing
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US
Macon

About BLBD

about us blue bird offers a complete line of type a, c and d school buses in a variety of options and configurations. since 1927, blue bird corporation has continued to set industry standards with its innovative design and manufacturing capabilities. additionally, blue bird provides comprehensive financial solutions through blue bird capital services. today, blue bird has more than 1,600 employees, georgia-based manufacturing facilities and an extensive network of dealers and parts & service facilities throughout north america. its global presence can be seen in more than 60 countries through sales into africa, asia, the caribbean, latin america, europe and the middle east. our promise we are singularly focused on building and selling school buses that customers want and value. the safety of schoolchildren is at the center of all that we do and we will strive every day, just as we have since our beginning in 1927, to provide an unparalleled and affordable product in terms of safety, qu