Quarterly ResultAug 5, 2026, 04:19 PM
Blue Bird Q3 Net Sales $517.2M, Net Income $185.3M; Raises FY26 Guidance
AI Summary
Blue Bird Corporation reported strong fiscal 2026 third-quarter results, with net sales increasing to $517.2 million and GAAP net income reaching $185.3 million. The company also raised its full-year 2026 Adjusted EBITDA guidance to approximately $247 million. Additionally, Blue Bird announced a significant collaboration agreement with Ford Motor Company to design and manufacture the next-generation F53/59 commercial stripped chassis and will acquire the assets of Detroit Chassis LLC's Detroit Plant, further raising its long-term Adjusted EBITDA outlook to over $500 million by 2030+.
Key Highlights
- Q3 FY2026 Net Sales increased 29.9% to $517.2M.
- Q3 FY2026 GAAP Net Income was $185.3M, up $148.8M YoY.
- Q3 FY2026 Adjusted EBITDA reached $71.4M, an increase of $12.9M YoY.
- Q3 FY2026 Diluted EPS was $5.27, up $4.15 YoY.
- FY2026 Adjusted EBITDA guidance raised to approximately $247M.
- Announced collaboration with Ford Motor Company for next-generation F53/59 commercial stripped chassis.
- Will acquire assets of Detroit Chassis LLC's Detroit Plant, expected to close early 2027.
- Long-term Adjusted EBITDA outlook raised to $500M+ by 2030+ on $3.3B revenue.
Price Impact
More from BLBD