MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has appointed John Wyskiel to the position of President and CEO, effective February 17, 2025. He will also join the Board of Directors on the same date. Wyskiel succeeds Phil Horlock, who served as the Company's President and CEO from 2011 to 2021 and was reappointed to the p...
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2025 first quarter results on February 5, 2025. The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, President and CEO, and Razvan Radulescu, CFO, will discuss results. This webcast will take place at 4:30PM ...
Blue Bird, founded in 1927, is a market leader in school buses, now innovating with diesel, gasoline, propane, natural gas, and electric powertrains. The company shows strong fundamentals with record-breaking $1.35 billion revenues and doubled EBITDA, driven by a growing share of electric bus sales. The latest earnings report highlights a strong backlog and comfortable guidance beats for FY24, ...
The old adage that stock prices tend to rise early in the year after a slump in the final weeks of the preceding year—the so-called January effect—is not necessarily true in general and certainly not the case for every single company. Still, many investors approach a new year with a reinvigorated sense of optimism, and this exuberance can sometimes lead them to take on higher-risk bets in the h...
BLBD continues to report robust growth prospects, supported by a growing backlog, higher ASPs, raised FY2025 guidance, and raised long-term profit margin targets. These have directly contributed to its healthier balance sheet along with the raised consensus forward estimates, with it underscoring why the stock is cheap at current levels. Even then, it goes without saying that there may be near-...
MACON, Ga.--(BUSINESS WIRE)--Wilkes County Schools (WCS) has marked the historic milestone of becoming the first school district in Georgia to serve all of its 25 daily bus routes exclusively with zero- and ultra-low-emission school buses. WCS' new fleet of electric and propane-powered buses eliminates regular diesel bus routes, significantly improving air quality for students and the surroundi...
Blue Bird stock has underperformed recently but still delivered a 90% return over the past year, outperforming the S&P 500. Execution challenges and potential policy changes under President-elect Trump are key risks, especially regarding EPA funding post-2027. Management aims to scale EV production significantly, targeting 4K-5K units post-2028, up from 704 units in FY2024.
Blue Bird Corporation reported strong FY24 results with double-digit top-line growth, driven by robust demand and higher pricing. Anticipated decline in EV sales in H1 FY25 due to customer delivery requests, but backlog and continued healthy demand should drive growth in H2 FY25 and beyond. Higher pricing, focus on operational efficiency, and cost reduction initiatives should fuel margins in th...
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