Blue Bird Reports Record Q4 and Full Year Results

Blue Bird Corporation, a leader in electric and low-emission school buses, reported record fiscal 2023 fourth quarter and full year results, achieving a 41% increase in net sales and a 69.6% rise in GAAP net income. The company's CEO, Phil Horlock, highlighted the significant growth achieved through its transformational plan and focus on alternative-powered buses. Blue Bird Corporation also increased its full year financial guidance for 2024, expecting a 10% Adjusted EBITDA margin.