Every 8-K that Blue Bird Corporation (BLBD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BLBD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BLBD filings page.
Blue Bird Corporation reported strong fiscal 2026 third-quarter results, with net sales of $517.2 million, up 29.9% from $398.0 million, and GAAP net income of $185.3 million versus $36.5 million. Diluted EPS rose to $5.27, while Adjusted EBITDA reached $71.4 million with a 13.8% margin and 3,525 buses sold. For the nine months ended June 27, 2026, net sales were $1,202.9 million, GAAP net income $245.3 million, and Adjusted EBITDA $172.3 million. Results include significant contributions from the Micro Bird acquisition and a $160.5 million gain from remeasuring the previously held equity interest, partially offset by a $19.6 million pension settlement loss.
The company delivered 355 electric buses in the quarter and ended with a firm order backlog of more than 770 EV buses. Management raised full-year 2026 guidance to approximately $1.75 billion in net revenue and $247 million Adjusted EBITDA, and outlined a long-term outlook targeting 2030+ Adjusted EBITDA of $500+ million on $3.3 billion in revenue. Blue Bird also announced a major collaboration with Ford Motor Company to design, manufacture and sell next-generation F53/59 stripped chassis and plans to purchase assets of Detroit Chassis LLC’s Detroit plant. Operating cash flow for the first nine months was $115.4 million, with cash and equivalents at $116.8 million and stockholders’ equity at $654.9 million as of June 27, 2026.
Blue Bird Corporation entered into an Asset Purchase Agreement to acquire certain F-53/F-59-related assets of Detroit Chassis LLC for a $7,000,000 purchase price plus assumed contract liabilities. Blue Bird owes $700,000 at signing and will pay $6,300,000 at closing, reduced by any debt secured by the acquired assets. The assets include equipment, tooling, inventory, leased real property rights, intellectual property, contracts, permits, and goodwill. Closing is anticipated in the first quarter of 2027, about 30 days after Ford ceases current F-53/F-59 chassis production, with Blue Bird prioritizing the existing Detroit facility and UAW workforce.
Blue Bird’s subsidiary also entered into a Master Collaboration Agreement with Ford, effective July 31, 2026, under which Blue Bird will design, manufacture, and sell the next-generation F-53/F-59 stripped chassis using Ford powertrains. New production is anticipated to begin in the first half of 2028, with prototype launch targeted for January 1, 2028. Ford will supply proprietary powertrains, provide transition support, transfer F-5X tooling and equipment, and grant a multi-year powertrain exclusivity period in this market. Management believes this market could reach approximately 10,000 units and about $600 million or more in annual revenue, and a company presentation outlines about $90 million of 2027 investment (~$40 million OpEx, ~$50 million CapEx) targeting 10,000+ units, $600+ million revenue, and around a 12% adjusted EBITDA margin by 2030.
Blue Bird Corporation is terminating a frozen defined benefit pension plan through a combination of lump-sum payouts and a pension risk transfer to Pacific Life. The plan paid approximately $13 million of liabilities in April 2026 via voluntary lump-sum distributions to certain participants.
It then agreed to purchase group annuity contracts from Pacific Life to transfer pension obligations and administration for 2,044 participants, settling about $94 million of remaining plan liabilities as of the end of April 2026. All payments are funded entirely by existing plan assets, with no additional company contributions.
Closing is expected on May 19, 2026, with Pacific Life assuming payment responsibilities as of August 1, 2026. Blue Bird expects a material non-cash pension settlement charge in its third fiscal quarter ending June 27, 2026, after which the plan will be terminated.
Blue Bird Corporation reported fiscal 2026 second quarter net sales of $352.6 million, down 1.7% from the prior year, as units sold fell 6.4% to 2,148 buses due to fewer production days, partly offset by higher pricing and favorable mix.
GAAP net income increased to $29.3 million, with diluted EPS of $0.90, while Adjusted EBITDA rose to $50.8 million, a 14.4% margin and an all‑time Q2 record for the company. Year‑to‑date net sales reached $685.7 million and net income $60.1 million, both above the prior year.
The company closed the acquisition of the remaining 50% of Micro Bird and raised full‑year 2026 guidance to approximately $1.75 billion in net revenue and $245 million in Adjusted EBITDA, while also increasing its long‑term outlook toward over $2.5 billion in revenue and 15%+ Adjusted EBITDA margin.
Blue Bird Corporation filed an amended report to expand details about director Steve Girardin’s appointment and related party dealings. Girardin was appointed a Class III director in connection with Blue Bird’s acquisition of the remaining 50% interest in the Micro Bird joint venture, with his term running through the 2029 annual stockholder meeting. Under a Board Election Agreement, while Steve or Dave Girardin serves on the board, Groupe Autobus Girardin Ltee (GAG) agrees to vote all of its Blue Bird securities in line with board recommendations, and the agreement ends before the 2029 meeting or 90 days after both brothers leave the board. The board also placed Steve Girardin on its Corporate Governance and Nominating Committee.
The filing outlines related party transactions involving businesses owned by the Girardin family. Superbird Capital Inc. and its subsidiaries generated approximately $205 million in aggregate gross revenues for Blue Bird in the fiscal year ended September 27, 2025 and $146 million in the six months ended March 28, 2026, while Blue Bird paid Superbird about $3.7 million and $702,000 for parts and warranty services over those same periods. Valiant Real Estate entities, also owned by the Girardin family, received roughly $3 million and $2 million in rents from Micro Bird and its subsidiaries over the same periods, with leases running from 36 to 72 months. The dealer and lease arrangements are described as arms-length, commercially reasonable, and approved by Blue Bird’s audit committee.
Blue Bird Corporation completed its acquisition of the remaining 50% interest in the Micro Bird joint venture on April 1, 2026, giving it full ownership of the business. The aggregate purchase price was $201,787,193, paid through a mix of cash and equity.
Blue Bird paid cash of $63,021,286 and issued equity valued at $138,765,907, represented by 2,702,180 Class A exchangeable shares in a Canadian subsidiary, each exchangeable one-for-one into Blue Bird common stock, plus a Special Voting Share. These exchangeable shares are unregistered, locked up for six months and then gradually released through April 1, 2029. The deal fully consolidates Micro Bird’s North American operations, and Blue Bird added Steve Girardin to its Board and created a new preferred Special Voting Share class to align voting and economic rights with common shareholders.
Blue Bird Corporation held its annual meeting of stockholders, where shareholders approved an amended and restated 2015 Omnibus Equity Incentive Plan and several governance proposals. The plan increases the common shares reserved for awards from 5,200,000 to 6,100,000 and extends its term to November 21, 2035, while also raising the cap on full-value awards from 2,500,000 to 3,400,000. Shareholders elected two Class III directors to terms ending at the 2029 meeting, approved officer liability limitations under Delaware law, endorsed executive pay on an advisory basis, chose an annual say‑on‑pay vote, and ratified BDO USA, P.C. as auditor for fiscal 2026. Turnout was high, with 28,252,219 of 31,617,002 eligible shares, or 89.35%, represented.
Blue Bird Corporation has signed a definitive agreement to acquire Girardin Group’s 50% stake in the Micro Bird joint venture, giving it full ownership for approximately $200 million, with 30% paid in cash and 70% in stock and exchangeable shares. Blue Bird will also buy Micro Bird’s Plattsburgh, New York manufacturing facility and related real estate for about $16.5 million, consolidating North American production and supporting Buy America–compliant shuttle buses.
The company expects the deal to be immediately accretive, with estimated diluted EPS increasing by 8.2% in 2026 and 9.2% in 2027. Pro forma, Blue Bird targets around $1.9 billion of revenue and $250 million of Adjusted EBITDA in fiscal 2026, and a long‑term path toward $2.5 billion of revenue and 15%+ Adjusted EBITDA margins.
Blue Bird Corporation furnished information about its results of operations and financial condition and attached a press release as an exhibit. The company also announced it will host a live webcast to discuss its fiscal 2026 first quarter financial results on February 4, 2026, at approximately 4:30 p.m. Eastern Time. The event will feature the Chief Executive Officer, Chief Financial Officer, and other leaders, and will be accessible and replayable through the investor relations section of Blue Bird’s website.
Blue Bird Corporation filed a current report announcing plans to present its fiscal 2025 fourth quarter and full-year financial results via a live webcast on November 24, 2025. The webcast is scheduled to begin at approximately 4:30 p.m. Eastern Time and will feature remarks from Chief Executive Officer John Wyskiel, Chief Financial Officer Razvan Radulescu, and other company leaders.
The webcast can be accessed through the investor relations page of Blue Bird’s website and will be available for replay about three hours after it concludes. The replay will remain accessible for at least 12 months. Detailed financial results are provided separately in a press release attached as an exhibit.
Blue Bird Corporation approved the termination of its Clean Bus Solutions joint venture with Generate Capital and began winding down the entity, with dissolution to follow after obligations are completed. The partners held equal ownership, and the venture aimed to offer electrification-as-a-service using electric school buses. Blue Bird invested $1,678,934 in aggregate capital through the date of termination and stated it does not expect a material adverse effect on its future financial condition, results, or cash flows.
In connection with the original agreement, Generate Capital received warrants to purchase 1,000,000 shares at $25.00 per share with a five-year exercise period. Separately, the Board designated Jeff Sanfrey as an executive officer, continuing as Chief Operating Officer with responsibility for Manufacturing, Material Planning, Logistics, Quality, and Lean Transformation. His compensation includes a $416,000 base salary, MIP target of 65% of salary, and LTIP structured with RSUs subject to service and performance conditions.