Blue Bird Corporation reports developments in school bus manufacturing, clean-power bus deployments, operating results and corporate governance. The company designs, engineers, manufactures and sells school buses, including electric, propane, natural gas and conventional models, and also sells replacement bus parts and extended warranties.
Recurring news for Blue Bird includes school district fleet deliveries, Type C electric buses, Blue Bird Vision propane buses, charging-infrastructure partnerships, product safety features, quarterly and annual earnings releases, leadership and engineering appointments, acquisition integration, equity and governance matters, and capital-structure updates tied to its public-company reporting.
Fox Factory (NASDAQ: FOXF) appointed Douglas Grimm interim CEO effective October 16, 2026, as Mike Dennison stepped down as CEO and director. The Board launched a permanent CEO search; Grimm is not a candidate.
Preliminary third-quarter sales are expected at $336 million–$340 million, below $355 million–$380 million guidance. Adjusted EBITDA is expected at $38 million–$42 million, excluding approximately $12 million in tariff refunds, versus $46 million–$54 million guidance. FOX cited supply disruption and operating challenges among the causes. Marucci Sports was divested on September 25, 2026.
FOX lowered fiscal 2026 sales guidance to $1.35 billion–$1.38 billion from $1.42 billion–$1.47 billion. Adjusted EBITDA guidance fell to $140 million–$150 million from $176 million–$196 million, excluding approximately $14 million in tariff refunds. Fourth-quarter guidance is $287 million–$313 million in sales and $23 million–$29 million in adjusted EBITDA, excluding Marucci.
Blue Bird (BLBD) closed a $600 million senior secured credit facility, replacing its existing facilities and extending its debt maturity.
The agreement replaces $250 million of facilities with a $300 million revolver and a $300 million delayed draw term loan. Maturity moves from November 2028 to September 2031. Interest margins fall to SOFR, a benchmark interest rate, plus 1.25%–2.25%, based on leverage, from 1.75%–3.25%; the prior 0.10% credit spread adjustment is eliminated.
At closing, Blue Bird had approximately $86 million of carry-over debt drawn and $670+ million of available liquidity. The agreement also increases the permitted net leverage ratio and expands the provision for additional borrowing capacity.
Blue Bird (Nasdaq: BLBD) reported fiscal 2026 Q3 net sales of $517.2M, up 29.9% year over year, with GAAP net income of $185.3M and Adjusted EBITDA of $71.4M, implying a ~14% margin, on 3,525 buses sold. Micro Bird contributed $122.9M of sales and $16.5M of Adjusted EBITDA in the quarter.
For the first nine months, net sales reached $1.20B and net income $245.3M. Blue Bird raised its FY2026 outlook to ~$1.75B net revenue and ~$247M Adjusted EBITDA, and updated its 2030+ long-term target to >$500M Adjusted EBITDA (15%+ margin) on $3.3B revenue. The company delivered 355 electric buses in Q3 and reported a backlog of more than 770 EV buses. Blue Bird also announced a collaboration with Ford to design, manufacture and sell the next-generation F53/59 commercial stripped chassis and plans to acquire the Detroit Chassis Detroit plant assets, with closing anticipated in early 2027 and new chassis production planned to begin in early 2028.
Blue Bird (Nasdaq: BLBD) announced a definitive agreement with Ford Motor Company to develop the next generation F-53/F-59 commercial stripped chassis. Blue Bird will take over design, manufacturing and sales of these platforms, which will use Ford powertrain solutions, with new production expected to start in early 2028.
To accelerate launch, Blue Bird will acquire the Detroit Assembly Plant assets of Detroit Chassis LLC, Ford’s long-time F-53/F-59 manufacturer. According to the company, the collaboration is intended to expand its commercial vehicle presence, diversify its product portfolio and broaden its addressable market while ensuring a seamless transition for customers, fleets and dealers.
Blue Bird (Nasdaq: BLBD) plans to release its fiscal 2026 third quarter results on August 5, 2026. Company executives, including President and CEO John Wyskiel and CFO Razvan Radulescu, will discuss the results on an audio webcast scheduled for 4:30PM ET that day.
Dial-in information, webcast access, supporting slides, and an on-demand replay (available about two hours after the call) will be provided via the Investor Relations section of Blue Bird’s website, under the Events link.
Blue Bird (NASDAQ: BLBD) reported fiscal 2026 Q2 net sales of $352.6M, GAAP net income of $29.3M and Adjusted EBITDA of $50.8M (14% margin). Unit bookings were 2,148 in Q2 and 4,283 year-to-date. The company closed the acquisition of Micro Bird and raised FY2026 guidance to ~$1.75B revenue and ~$245M Adjusted EBITDA, targeting ~$2.5B revenue and 15%+ Adjusted EBITDA margin long term.
Rio Bravo-Greeley Union School District (BLBD) will break ground on an electric school bus project deploying eight Blue Bird electric buses with on-site charging infrastructure delivered by Highland Electric Fleets. A dedicated charging depot is under development and expected to be completed in early 2027.
The program includes Electrification-as-a-Service provision, long-term support, charging designed to match route schedules, and an estimated up to 16% reduction in student exposure to air pollution.
Bibb County School District (BLBD) will deploy 15 Type C electric school buses manufactured by Blue Bird and install charging infrastructure supported by Highland Electric Fleets.
The rollout includes Highland-managed daily charging to support regular routes, aims to reduce noise and diesel exhaust exposure, and will be celebrated with a ribbon-cutting on April 23, 2026, at the district bus depot.
Blue Bird (Nasdaq: BLBD) will release its fiscal 2026 second quarter results on May 6, 2026 and will host an audio webcast and conference call at 4:30 PM ET.
Executives John Wyskiel (President & CEO) and Razvan Radulescu (CFO) will discuss results; a slide presentation and a replay (available ~two hours after the call) will be posted on the Investor Relations website.
Blue Bird (Nasdaq: BLBD) appointed Lyndon Lie as senior vice president of engineering, effective April 14, 2026. Lie will lead product development, platform engineering, innovation and execution and will manage engineering integration related to the Micro Bird acquisition.
Lie brings over 30 years of experience across Volkswagen Group of America, Nikola, General Motors and TPI Composites, with expertise in vehicle systems, electrification and ADAS. He holds a B.S. in Electrical Engineering and an Executive MBA.