MACON, Ga. – The Blue Bird School Bus Foundation, charitable arm of iconic school bus manufacturer Blue Bird Corporation (Nasdaq: BLBD), continues to advance the education, health, and safety of children in its home state of Georgia. The Foundation hosted a community event at its corporate headquarters in Macon, Ga., and awarded a total of $53,300 to ten local area nonprofit organizations, including:

1. Atrium Health Navicent The Medical Center 6. Peach Association for Intellectual Disabled, Inc. aka Kay Center.

2. Brave Meadows Therapeutic.

Riding Center, Inc. 7. The Salvation Army, A Georgia Corporation – Warner Robins Corps.

3. Fort Valley Lions Club 8. Safe Kids Central Georgia.

4. Girl Scouts of Historic.

Georgia, Inc. 9. Sleep in Heavenly Peace, Inc.

5. Macon Reviving Baseball in the Inner Cities Program by the Boys and Girls Club.

6. Peach Association for Intellectual Disabled, Inc. aka Kay Center.

7. The Salvation Army, A Georgia Corporation – Warner Robins Corps.

8. Safe Kids Central Georgia.

9. Sleep in Heavenly Peace, Inc.

10. United in Pink, Inc.

Donations ranged from $2,500 up to $12,500.

“Georgia has been our home for nearly a century,” said Blue Bird president and CEO John Wyskiel. “Our school buses safely transport children, so we deeply care about their education, health, and safety. We’re pleased to fund ten local nonprofits that work tirelessly to improve our communities for children every day.”

“As a first-time recipient, we are delighted to accept the generous donation from the Blue Bird School Bus Foundation to promote child car seat safety in our local communities,” said Abbie Price, Coordinator at Safe Kids Central Georgia, which was awarded Blue Bird’s top-level donation of $12,500 at the community event. “The funding will enable us to provide free car seats and educational materials to low-income families in need.”

Since its inception in 2015, the Blue Bird School Bus Foundation has donated more than $600,000 in charitable contributions to various community organizations, including more than 85 Georgia-based nonprofits.

In addition, Blue Bird has donated three all-electric, zero-emission school buses to three community organizations since Dec. 2023, including Peach County Schools in Fort Valley, Ga., the Jerome Bettis Bus Stops Here Foundation in Pittsburgh, Pa., and to Hoop Bus in Los Angeles, Ca.

Peach County Schools added the zero-emission school bus to its all-Blue Bird school bus fleet as a clean transportation option for day and field trips, as well as on special routes. The Jerome Bettis Bus Stops Here Foundation is turning the electric bus into a mobile computer lab to expand the foundation’s digital literacy programs for local community members in need. And Hoop Bus equipped the zero-emission bus with basketball hoops at the front and back, turning the vehicle into an interactive, mobile court serving thousands of at-risk youth in under-resourced communities across California.

About Blue Bird School Bus Foundation Inc.
The Blue Bird School Bus Foundation Inc. is a Georgia nonprofit corporation with the mission to promote education, health, and safety for children in the state of Georgia. Established in 2015, the Foundation supports organizations that directly benefit school age children under 19 years old as well as organizations which directly support disadvantaged communities. For more information, visit https://bbsbf.org.

About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 25,000 propane, natural gas, and electric powered buses sold. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

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MACON, Ga.- Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2025 second quarter results.

“I am incredibly proud of our team in delivering another outstanding result, achieving a new all-time quarterly record revenue and profit,” said John Wyskiel, President & CEO of Blue Bird Corporation. “The Blue Bird team continued to exceed expectations, improving operations, driving new orders, and expanding our leadership in alternative-powered buses. Market demand remains very strong with approximately 4,900 units in our order backlog at the end of the second quarter. Unit sales were slightly above the same period as last year, and revenue was up by $12.9M, driven by product mix and pricing. We delivered an exceptional 14% Adj. EBITDA margin for Q2 2025. With 88% of our second quarter unit sales mix comprised of internal combustion engine (ICE) buses, this result demonstrates the very strong earnings power of our core business.

“In our push to expand our leadership in alternative-powered school buses, we delivered a record 265 electric-powered buses this quarter. As of the end of the quarter, we have more than 1,100 EV buses either sold or in our firm order backlog, which supports our EV sales target for 2025.

“Based on our strong Q2 performance, we’ve maintained our full-year financial guidance for Adjusted EBITDA at $200 million, with a 14% margin. This will be an all-time full-year record for Blue Bird, and we look forward to sustained profitable growth in the coming years.”

FY2025 Guidance and Long-Term Outlook Reaffirmed

“We are very pleased with the second quarter results, with our highest ever quarterly revenue and Adj. EBITDA” said Razvan Radulescu, CFO of Blue Bird Corporation. “Our business is in a very strong position and we continue to deliver ahead of the plan we have been messaging. We are reaffirming our full-year 2025 guidance for Net Revenue to $1.4-1.5 Billion, Adj. EBITDA to $190-210 million and Adj. Free Cash Flow to $60-80 million. Additionally, we are confirming our long-term profit outlook towards an Adjusted EBITDA margin of 15%+ on ~$2 billion in revenue.”

Fiscal 2025 Second Quarter Results

Net Sales
Net sales were $358.9 million for the second quarter of fiscal 2025, an increase of $12.9 million, or 3.7%, compared to $345.9 million for the second quarter of fiscal 2024. The increase in net sales is primarily due to a small increase in Bus unit bookings as well as Bus customer and product mix changes that were partially offset by a small decrease in Parts sales.

Bus sales increased $14.8 million, or 4.6%, reflecting a 1.8% increase in unit bookings and a 2.8% increase in average sales price per unit. In the second quarter of fiscal 2025, 2,295 units booked compared to 2,254 units booked for the same period in fiscal 2024. The small increase in unit price for the second quarter of fiscal 2025 compared to the same period in fiscal 2024 was primarily due to customer and product mix changes.

Parts sales decreased $1.8 million, or 6.5%, for the second quarter of fiscal 2025 compared to the second quarter of fiscal 2024. This decrease is primarily attributed to slight variations due to product and channel mix.

Gross Profit
Second quarter gross profit of $70.9 million represented an increase of $7.2 million from the second quarter of last year. The increase was primarily driven by the $12.9 million increase in net sales, discussed above, and partially offset by a corresponding increase of $5.7 million in cost of goods sold.

Net Income
Net income was $26.0 million for the second quarter of fiscal 2025, the same as from the second quarter of last year. Among other smaller fluctuations, the $7.2 million increase in gross profit, discussed above, was offset by an increase of $9.6 million in selling, general and administrative expenses, primarily due to an increase in a) share-based compensation expense recorded in the second quarter of fiscal 2025 relating to the retirement of our former President and Chief Executive Officer and b) labor costs.

Adjusted Net Income
Adjusted net income of $31.5 million represented an increase of $2.3 million from the second quarter of last year. The increase was primarily driven by a tax effected increase of $3.7 million in share-based compensation expense, largely relating to the retirement of our former President and Chief Executive Officer, and partially offset by a tax effected $1.4 million in stockholder transaction costs that was present in the second quarter of last year, with no such expense in the current year.

Adjusted EBITDA
Adjusted EBITDA was $49.2 million, which was an increase of $3.5 million compared with the second quarter of fiscal 2024. The increase primarily relates to the $4.9 million increase in share-based compensation expense and $1.9 million decrease in stockholder transaction costs, both discussed above.

Year-to-Date Fiscal 2025 Results

Net Sales
Net sales were $672.7 million for the six months ended March 29, 2025, an increase of $9.1 million, or 1.4%, compared to $663.6 million for the six months ended March 30, 2024. The increase in net sales is primarily due to a small increase in Bus unit bookings as well as Bus customer and product mix changes that were partially offset by a small decrease in Parts sales.

Bus sales increased $9.5 million, or 1.5%, reflecting a 1.0% increase in units booked and a 0.6% increase in average sales price per unit. 4,425 units booked in the six months ended March 29, 2025 compared with 4,383 units booked during the same period in fiscal 2024. The small increase in unit price for the first six months of fiscal 2025 compared to the same period in fiscal 2024 was primarily due to customer and product mix changes.

Parts sales decreased $0.3 million, or 0.6%, for the six months ended March 29, 2025 compared to the six months ended March 30, 2024. This small decrease is primarily attributed to slight variations due to product and channel mix.

Gross Profit
Fiscal year-to-date gross profit was $131.2 million, an increase of $4.0 million from the same period in the prior year. The increase was primarily driven by the $9.1 million increase in net sales, discussed above, and partially offset by a corresponding increase of $5.2 million in cost of goods sold.

Net Income
Net income was $54.8 million for the six months ended March 29, 2025, a $2.6 million increase from the same period in the prior year. The increase in net income was primarily driven by the $4.0 million increase in gross profit, discussed above.

Adjusted Net Income
Adjusted net income was $62.1 million for the six months ended March 29, 2025, an increase of $3.2 million compared to the same period in the prior year. This is primarily due to the $2.6 million increase in net income, discussed above.

Adjusted EBITDA
Adjusted EBITDA was $95.0 million for the six months ended March 29, 2025, an increase of $1.6 million compared to the same period in the prior year. This is primarily due to the $2.6 million increase in net income, discussed above.

About Blue Bird Corporation:
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 20,000 propane, natural gas, and electric powered buses in operation today. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

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A-Z Bus Sales, Inc., a leading transportation solutions provider, proudly announces the delivery of its 1000th all-electric, zero-emission Blue Bird school bus, a significant milestone in California’s pursuit of sustainable transportation. Blue Bird’s authorized bus dealer will host a celebration on April 29th, 2025, at Orange Unified School District, one of A-Z Bus Sales’ largest electric school bus customers in Southern California.

As a pioneer in electric school bus adoption, A-Z Bus Sales has played a key role in helping school districts transition to cleaner, more reliable, and eco-friendly transportation solutions. This journey began decades ago with the introduction of Compressed Natural Gas (CNG) and Propane-powered school buses and has now culminated in the deployment of zero-emission electric buses.

A-Z delivered its first zero-emission electric Blue Bird school bus, powered by Accelera / Cummins, in 2018. Since then, the company has expanded its services by creating a Grants Department to help school districts secure funding, an Electric Vehicle Infrastructure (EVI) Department to manage charging needs, and an EV Mobile Support team to ensure quick repairs and maximized uptime.

The surge in demand for electric school buses has led to a 30% increase in A-Z Bus Sale’s workforce, creating high-demand jobs in fields such as EV technician services, infrastructure engineering, and administration. This growth is vital to supporting the increasing number of electric buses on the road.

“We’re proud to be at the forefront of the electric vehicle revolution in school transportation,” said John Landherr, President and CEO of A-Z Bus Sales. “The lessons we’ve learned along the way allow us to help school districts navigate challenges and confidently transition their fleets. At the end of the day, it’s incredibly rewarding to know we’re making a meaningful difference in the communities we serve and contributing to a more sustainable future for our children.”

The environmental benefits of these electric buses are substantial. Over the lifetime of the 1000 electric school buses, more than 10,000 metric tons of greenhouse gases are expected to be reduced, along with a 33 metric ton reduction in NOx emissions. Additionally, school districts benefit from lower maintenance and fuel costs, prompting many to expand their electric fleets. Several districts have even moved to 100% electric school bus transportation.

Innovative Vehicle-to-Grid (V2G) technology allows these buses to provide additional grid support, enhancing future energy resiliency. According to Harvard University’s School of Public Health, each electric school bus could deliver up to $247,000 in climate and health benefits, making the transition to electric transportation cost-effective and a significant driver of environmental and public health improvement.

“We couldn’t have reached this milestone without the incredible support of our partners,” said Brandon Bluhm, COO of A-Z Bus Sales. “From our manufacturing partners at Blue Bird, Micro Bird, Accelera, and Ecotuned, to our collaborations with state agencies like the California Air Resources Board and the California Energy Commission, and the visionary school districts that have led the way—this success is the result of combined effort and shared commitment to a cleaner, greener future.”

“Congratulations to the entire A-Z Bus Sales team for marking its 1000th all-electric, zero emission Blue Bird school bus delivery in California – a truly remarkable milestone,” said Albert Burleigh, Vice President of North America Bus Sales at Blue Bird Corporation. “For nearly half a century, A-Z Bus Sales has been our trusted dealer partner in the Golden State. We are grateful to all our friends at A-Z Bus Sales for playing an outstanding role in Blue Bird’s EV success story. Together we’ve helped school districts across the state to reduce harmful emissions, put student and community health first, and significantly reduce operating expenses.”

Of the 1000 electric school buses delivered, A-Z has seen these vehicles excel in diverse environments, from cold, mountainous regions in Northern California to the desert regions of the Imperial Valley. EV buses have outperformed their diesel counterparts in both performance and reliability, and with advancements in technology, the range and uptime of these buses continue to improve. Children across the state are now riding to school in quiet, pollution-free buses.

About A-Z Bus Sales, Inc.
Founded in 1976, A-Z Bus Sales, Inc. is a leading dealer and distributor of passenger transportation solutions, serving the education, government, public sector, commercial, and private fleet markets. Employee-owned and specializing in green alternative fuel products, A-Z offers a wide range of services, including sales, service, parts, and financing for new and preowned buses.

The company has built a strong reputation for fostering long-term customer relationships, professionalism, and integrity. Headquartered in Colton, California, A-Z Bus Sales operates multiple sales and service locations across California, Arizona, Texas, and Hawaii.

For more information, visit www.a-zbus.com

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MACON, Ga. – Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, showcases its latest zero- and ultra-low emission commercial vehicle platforms at the upcoming 2025 Advanced Clean Transportation (ACT) Expo, North America’s largest advanced transportation technology event. The company presents both its groundbreaking electric step van and propane-powered stripped chassis at the industry event from April 28-30, 2025, at the Anaheim Convention Center booth 5488, in Anaheim, Ca.

Blue Bird showcases an electric-powered step van based on its groundbreaking Class 5-6 stripped chassis at the 2025 ACT Expo. The step van features a 178-inch wheelbase for last-mile-delivery vehicles with a gross vehicle weight rating (GVWR) of up to 23,000 pounds. The vehicle on display features a 140kWh Lithium-ion battery. The batteries are mounted inside the frame rails for superior battery protection. The battery pack supports a vehicle range of up to 130 miles on a single charge. It takes between one and twelve hours to fully recharge depending on the charging infrastructure.

Blue Bird offers several safety features on its electric-powered step van not standard on comparable electric vehicles to enhance driver protection and familiarity. This includes “hill hold,” which prevents the vehicle from rolling backward or forward when sitting stationary on a hill, and “electric creep,” which allows the vehicle to slowly start moving from a stop when the driver’s foot is removed from the brake pedal to simulate a gasoline engine in gear. In addition, both the electric- and propane-powered stripped chassis provide 55-degree, best-in-class wheel cut to improve maneuverability in tight urban settings.

Blue Bird also presents its propane-powered stripped chassis based on a 208-inch wheelbase for medium to long-range delivery vehicles with a gross vehicle weight rating (GVWR) of up to 23,000 pounds. The company offers an industry first, OEM-installed propane powertrain featuring Ford’s proven 7.3L V8 engine. Blue Bird utilizes lightweight materials and components for its innovative vehicle platform maximizing fuel-efficiency and vehicle payload while continuing to prioritize vehicle safety.

Blue Bird built on its long-standing collaboration with Ford Motor Company and ROUSH CleanTech to develop the propane-powered Class 5-6 stripped chassis. ROUSH CleanTech integrates Ford’s compact, durable and easy-to-maintain 335 horsepower engine into a low-emission powertrain option for Blue Bird’s propane-powered commercial vehicle platform.

Blue Bird leverages ROUSH CleanTech’s proven, ultra-low emission propane technology that has accumulated more than three billion miles with 3,000 fleets in North America.

Blue Bird Leadership
“Blue Bird builds on its century-long expertise in school bus manufacturing and vehicle safety to expand its industry-leading zero- and low-emission transportation solutions to the commercial vehicle market,” said Andy Moore, director of commercial chassis at Blue Bird Corporation. “We are excited to connect with commercial vehicle fleet operators at ACT Expo and to discuss how our advanced electric- and propane-powered vehicle platforms can help them improve vehicle fleet efficiency and cost.”

Commercial vehicle fleet operators using electric- and propane-powered step vans stand to benefit from energy and maintenance cost savings compared to diesel vehicles.

“Since 2012 we’ve had a shared goal with Blue Bird to lower emissions and reduce costs for fleets through proven propane technology,” said Todd Mouw, executive vice president of sales, marketing and customer success at ROUSH CleanTech. “As a domestically produced fuel, propane is economical, abundant, and reliable, offering immediate reductions in both costs and emissions without compromising performance.”

Blue Bird anticipates both its electric-powered and propane-powered stripped chassis to be commercially available in the first quarter of 2026.

Blue Bird is the only U.S.-owned and operated school bus manufacturer in the United States. The company remains the proven clean transportation leader with more than 25,000 propane, natural gas, and electric-powered buses sold. Blue Bird manufactures its school buses in Fort Valley, Ga. The shift to clean transportation helps the company sustain approximately 2,000 good-paying U.S. jobs.

About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer, and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 25,000 propane, natural gas, and electric powered buses sold. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

About ROUSH CleanTech
ROUSH CleanTech, an industry leader of advanced clean transportation solutions, is a division of the global engineering company Roush Enterprises. ROUSH CleanTech develops propane autogas technology for medium-duty Ford commercial vehicles and school buses. With more than 50,000 vehicles on the road, the Livonia, Michigan-based company delivers economical, emissions-reducing options for fleets across North America. Learn more at ROUSHcleantech.com or by calling 800.59.ROUSH

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While several industry insiders told School Transportation News last week that it was too early to tell the impact of new Trump administration tariffs on imports, Blue Bird representatives told investors to expect a 5-percent price increase on all non-electric school buses.

The company made the statement last week during its fiscal year 2025 first quarter financial results call, which reported the company’s second-best quarterly profit and margin, the eighth consecutive quarter of beating guidance, and $250 million of electric school buses in “firm order backlog.”

“Our position is that any potential government tariffs will be passed through to the end customer so there will be no net financial impact on Blue Bird,” said Phil Horlock, who is retiring as president and CEO this week but retaining his board of director seat.

John Wyskiel succeeds Horlock on Feb. 17.

Last week, President Donald Trump paused for 30 days a 25-percent tariff on imported goods from both Canada and Mexico, though a 10-percent tariff on Chinese imports went into effect. Essentially, think of tariffs as an added sales tax by the federal government, Blue Bird CFO Razvan Radulescu said during the Q&A portion of the call on Feb. 5.

Meanwhile, Horlock said Blue Bird is confident U.S. Environmental Protection Agency Clean School Bus Program funding will continue unfettered. He shared details from a Feb. 4 memo issued by Gregg Treml, the acting CFO of EPA, that stated a federal court injunction pausing Trump administration freezes on unspent federal program funding under the Infrastructure Investment and Jobs Act “shall not be paused and disbursement of funds shall continue while ongoing litigation proceeds or until otherwise directed by a Court.”

Horlock said Blue Bird also has confirmed political support for the Clean School Bus Program with members of Congress.

He added the court order reversing the freeze should also protect nearly $80 million in Domestic Manufacturing Conversion Grant Program funding from the U.S. Department of Energy that was appropriated under the Inflation Recovery Act. The funds are to be used to convert Blue Bird’s diesel motorhome manufacturing plant in Fort Valley, Georgia, into a 600,000 square-foot Type D electric school bus facility.

To address the initial pause in EPA funding, Horlock said Blue Bird reprioritized production to build fully-funded school buses earlier and pushed back build dates for bus orders to be paid for with federal money. He added the manufacturer is also prioritizing “significant new EV orders” paid for by state and local funding. Still, Blue Bird lowered the number of forecasted electric school bus deliveries to 1,000 units from the previous range of 1,000 to 1,300.

The company also noted higher internal combustion engine school bus prices compared to a year ago and at comparable levels with its competitors.

Blue Bird also said the quarter-one results beat the previous guidance and that it remained on track to meet the full-year guidance of Adjusted EBITDA at $200 million and a 14-percent margin.

Related: U.S. Delays Tariffs with Canada, Mexico as Bus Associations Warn of Fallout
Related: (STN Podcast E215) Next-Level Safety: Exclusive Interview – Seatbelts Standard on Blue Bird Buses
Related: Blue Bird Announces Standard Lap/Shoulder Seatbelts on All School Buses

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LOS ANGELES, Calif. – Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, donated an advanced electric school bus to Hoop Bus Inc, a 501(c)(3) nonprofit organization dedicated to youth programming and community engagement across North America. The full-size, zero-emission bus is equipped with basketball hoops at the front and back, turning the vehicle into an interactive, mobile court. Hoop Bus will use this electric vehicle to serve thousands of at-risk youth in under-resourced communities across the Golden State.

The zero-emission hoopbus makes its debut today at 1:00 p.m. PST at West Oakland Middle School in Oakland, Ca. Following the dedication ceremony, the nonprofit will host a P.E. Takeover, one of its signature programs. This high-energy and inclusive social-emotional-learning experience meets students grades 4-12 where they are at, encouraging health equity, team building and self-love. This P.E. Takeover kicks off Hoop Bus’ event series leading up to NBA All-Star weekend on Feb. 14-16, 2025.

Since its inception in 2019, Hoop Bus has impacted 320,000 youth annually with hundreds of events and was featured in NBA’s Emmy-award winning

75th anniversary campaign. Hoop Bus operates six vehicles of change in metropolitan areas across the United States, including San Francisco, Los Angeles, New York, and Miami. Three of those hoopbuses are Blue Bird buses.

“We are pumped to add our first all-electric, zero-emission vehicle to the Hoop Bus fleet,” said Hoop Bus executive director Dan Moroni, who led the conversion project of the Blue Bird electric vehicle. “This electric bus allows us to bring basketball-based programming to communities across California in a clean and quiet ride. As a vehicle of change, it will help us rebuild, empower and amplify communities through basketball.”

Hoop Bus converted the vehicle into a mobile basketball court and tricked out the interior by adding collaborative seating areas, storage spaces, flatscreen TVs, and a basketball rack. The nonprofit also added solar panels to the vehicle and will use the clean energy generated to run the sound and entertainment system on its state-of-the-art hoopbus.

“We think it’s a slam dunk to help Hoop Bus build better communities by bringing the game of basketball to people in need,” said Blue Bird president and CEO Phil Horlock. “As an added plus, our all-electric bus generates zero emissions, protecting the health of riders, drivers, and the community-at-large.”

Blue Bird donated a Blue Bird All American electric bus in excellent condition to the nonprofit. The 40-foot bus can traditionally carry a maximum of 84 students for up to 120 miles on a single charge.

Blue Bird partner organization InCharge Energy, the leading provider of EV charging solutions and service support for electric fleets, donated a Level 2 AC vehicle charger to Hoop Bus ensuring the bus is fully charged overnight and ready to provide basketball-based programming to local youth each day. The donation includes a virtual site assessment and route planning consultation, the charging hardware, as well as one year of InControl charge management and maintenance software and data plan.

Blue Bird is the only U.S.-owned and operated school bus manufacturer in the United States. The company is the proven leader in low- and zero emission school buses with more than 2,500 electric-powered buses on the road today.

About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world 25 million children twice a day making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 25,000 propane, natural gas, and electric powered buses sold. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

About Hoop Bus
Hoop Bus Inc is a 501(c)(3) nonprofit organization that fosters community engagement and youth programming in communities across America that need it most. They partner with other nonprofits, schools and corporate brands to break down social barriers, promote health equity, increase attendance and teach life skills through the love of basketball. For more information or to make a tax-free donation, visit www.hoopbus.com.

About InCharge Energy
InCharge Energy provides reliable, cost-effective charging solutions for North American fleets of all sizes. Its service and maintenance offerings, available in every state and province, are designed to support multiple brands of charging equipment. The company also offers a range of customizable financial solutions to meet every business objective and budget, accelerating the path to fleet electrification for auto manufacturers and dealerships, school districts, and state and local agencies. The InCharge team of service experts works remotely to keep chargers operational and dispatches on-staff, highly trained technicians across the continent to facilitate rapid issue resolution. The company’s open-API InControl is the first fleet charging software to be widely adopted across North America to control costs and manage charging results. This AI-powered charger maintenance platform is purpose-built to keep electric fleets on the roads, empowering businesses with key insights to easily optimize fleet operations and minimize total cost of ownership (TCO). Headquartered in Los Angeles, InCharge has operating facilities in Richmond, Virginia; Montreal, Quebec; and Bellflower, California. Learn more about InCharge Energy and its services at www.inchargeus.com. You can also follow InCharge on LinkedIn.

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MACON, Ga.—Blue Bird Corporation (BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2025 first quarter results.

“I am incredibly proud of our team’s achievements in delivering another outstanding result and near record profit in the first quarter,” said Phil Horlock, president and CEO of Blue Bird Corporation. “The Blue Bird team continued to exceed expectations, improving operations, driving new orders, and expanding our leadership in alternative-powered buses. Market demand remains very strong with nearly 4,400 units in our order backlog at the end of the first quarter. Unit sales were about the same as last year, with revenue down by $3.8M, driven by product mix, and we delivered an exceptional 14.6% Adj. EBITDA margin. With 94% of our first quarter unit sales mix comprised of internal combustion engine (ICE) buses, this result demonstrates the very strong earnings power of our base business.

“In our push to expand our leadership in alternative-powered school buses, we delivered over 130 electric-powered buses this quarter, ahead of the plan we communicated in November. We also saw strong growth in EV orders from both the EPA’s Clean School Bus Program and state/local level programs. As of today, we have approximately 1,000 EV buses either sold or in our firm order backlog, which supports our EV sales target for 2025.

“Based on our strong Q1 performance, we’ve reaffirmed our full-year financial guidance for Adjusted EBITDA at $200 million, with a 14% margin. This will be an all-time full-year record for Blue Bird, and we look forward to sustained profitable growth in the coming years.”

FY2025 Guidance and Long-Term Outlook Reaffirmed

“We are very pleased with the first quarter results, with the second highest ever Q1 Adj. EBITDA” said Razvan Radulescu, CFO of Blue Bird Corporation. “Our business is in a very strong position and we continue to deliver ahead of the plan we have been messaging. We are reaffirming our full-year 2025 guidance for Net Revenue to $1.4-1.5 Billion, Adj. EBITDA to $185-215 million and Adj. Free Cash Flow to $40-60 million. Additionally, we are confirming our long-term profit outlook towards an Adjusted EBITDA margin of 15%+ on ~$2 billion in revenues.”

Fiscal 2025 First Quarter Results

Net Sales

Net sales were $313.9 million for the first quarter of fiscal 2025, a decrease of $3.8 million, or 1.2%, from the first quarter of last year. Bus sales decreased $5.3 million, reflecting a 1.9% decrease in average sales price per unit, primarily due to customer and product mix changes (lower EV volumes). In the first quarter of fiscal 2025, 2,130 units were booked compared with 2,129 units booked for the same period in fiscal 2024. Additionally, Parts sales increased $1.5 million, or 6.2%, for the first quarter of fiscal 2025 compared with the first quarter of fiscal 2024. This increase is primarily attributed to price increases, driven by ongoing inflationary pressures, as well as higher fulfillment volumes and slight variations due to product and channel mix.

Gross Profit

First quarter gross profit of $60.3 million represented a decrease of $3.2 million from the first quarter of last year. The decrease was primarily driven by the $3.8 million decrease in net sales, discussed above, and partially offset by a corresponding decrease of $0.5 million in cost of goods sold.

Net Income

Net income was $28.7 million for the first quarter of fiscal 2025, which was a $2.6 million increase from the first quarter of last year. The increase was primarily driven by $2.6 million in emission credits that the Company sold in the first quarter of fiscal 2025, recorded in other income (expense), net, with no similar income in the first quarter of fiscal 2024.

Adjusted Net Income

Adjusted net income was $30.6 million, largely consistent with the $29.7 million from the same period last year.

Adjusted EBITDA

Adjusted EBITDA was $45.8 million, which was a decrease of $1.9 million compared with the first quarter of fiscal 2024. This decrease results primarily from the lower gross profit, partially offset by improvements in other income(expense), net, as described above..

Conference Call Details

Blue Bird will discuss its first quarter 2025 results in a conference call at 4:30 PM ET today. Participants may listen to the audio portion of the conference call either through a live audio webcast on the Company’s website or by telephone. The slide presentation and webcast can be accessed via the Investor Relations portion of Blue Bird’s website at www.blue-bird.com.

Webcast participants should log on and register at least 15 minutes prior to the start time on the Investor Relations homepage of Blue Bird’s website at http://investors.blue-bird.com. Click the link in the events box on the Investor Relations landing page.
Participants desiring audio only should dial 404-975-4839 or 833-470-1428. The access code is 393430.

A replay of the webcast will be available approximately two hours after the call concludes via the same link on Blue Bird’s website.

About Blue Bird Corporation

Blue Bird is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 20,000 propane, natural gas, and electric powered buses in operation today. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

The post Blue Bird Reports Fiscal 2025 First Quarter Results; Beats First Quarter Guidance; Reaffirms 2025 Guidance and Long-Term Outlook appeared first on School Transportation News.

President Donald Trump reached an agreement with Canada and Mexico to delay 25-percent import tariffs with each country that were set to go into effect Tuesday.

Trump signed the  executive order Saturday, and Canada responded with its own threat of a 25-percent tariff on $30 billion worth of U.S. goods, also set for Tuesday. The Ministries of Finance and Foreign Affairs said Canada also intended to impose a tariff on $125 billion in additional U.S. goods, which includes electric vehicles, trucks and buses.

The U.S. agreements with Canada and Mexico to postpone the tariffs by at least 30-day days hinged on more investment at both the northern and southern border to curb immigration and the flow of drugs, especially fentanyl.

A 10-percent tariff with China moved forward and went into effect Tuesday.

The American Bus Association (ABA), United Motorcoach Association (UMA), Motor Coach Canada (MCC), and Ontario Motor Coach Association (OMCA) said they are closely monitoring the trade disputes between the U.S. and Canada and warned of the impact to manufacturers, suppliers and consumers.

​ABA, UMA, MCC and OMCA issued a joint update Sunday that said the tariffs could significantly impact the motorcoach industry, which like the school bus industry relies on a global supply chain involving components from both countries. The associations added they are coordinating advocacy and lobbying efforts to mitigate the impact of the tariffs and are encouraging members to share their concerns.

Last month, S&P Global said the blanket tariffs would have a “massive impact” on nearly all automative manufacturers worldwide, with reciprocated tariffs by Canada and Mexico adding “another degree of complexity.” While commenting specifically on passenger vehicles, S&P Global noted that Canadian or Mexican-sourced propulsion systems and components in U.S. manufactured vehicles “would see a tariff as well.”

It added that the tariffs could add $6,250 to the cost of $25,000 vehicle.

School Transportation News reached out to multiple sources Monday to ask about the potential impact of tariffs  school bus production and sales. One source responded that it was premature to discuss the tariffs as they were being negotiated in real time. Another indicated that the tariffs are subject to continuing negotiations and could change, as “school bus manufacturing isn an American success story,” though concern remains especially about individual components.

Meanwhile, Micro Bird, the joint Type A venture between Blue Bird of Fort Valley, Georgia, and Girardin Minibus of Drummondville, Quebec, is the only school bus currently manufactured in Canada for sale in the U.S.

Electric school bus manufacturer GreenPower Motor Company has headquarters in Vancouver, British Columbia, but the company manufactures out of Porterville, California, and South Charleston, West Virginia. RIDE, the school bus arm of Chinese company BYD, manufactures its electric school buses in Lancaster, California.

An auction process begins this month for Lion Electric Company, which obtained bankruptcy protection in December.

Additionally, many school bus suppliers of technology solutions and equipment are based in Canada or have manufacturing there. Many school bus components are also imported from China.

​This is a developing story.

Related: NAFTA Replacement is Expected to Ease Tariff Concerns
Related: Updated: Lion Electric Suspends Manufacturing Operations at Joliet Plant
Related: Electric School Bus Manufacturing Included in Nearly $2B Federal Energy Grant

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Following Britton Smith’s resignation in September, Blue Bird tapped John Wyskiel as his replacement, effective Feb. 17.

Smith was slated to take over CEO and president last Sept. 29, as current CEO Phil Horlock was set to retire. However, Smith announced his resignation just weeks prior. Horlock, who served as president and CEO from 2011 to 2021 and then again in May 2023 remained as CEO, as the company sought a replacement.

Enter Wyskiel, an automotive industry veteran with over “35 years of experience in manufacturing leadership, operational excellence and global sales and supply chain management,” stated a Blue Bird press release on Wednesday.

From 2002 to 2004, Wyskiel served as the general manager of Blue Bird Coach in Canada, part of Blue Bird Corporation. According to a press release it was one of the largest school bus body and assembly manufacturers of Type C and Type A school buses located in Brantford, Ontario. Blue Bird Coach Canada was not a part of Blue Bird’s joint venture with Girardin to build Micro Bird models in Quebec.

Wyskiel then embarked on a 20-year career at Magna International, most recently serving as president of Magna Seating. There, he led a $6 billion business with 33,000 employees across more than 60 manufacturing facilities in 15 counties. He also served as vice president of Magna’s Body & Structures business in Canada and the U.S.

“His extensive background includes various senior roles in manufacturing, operations, engineering, product management and sales at automotive suppliers Magna, Dana Corporation and Borg Warner,” the Blue Bird press release adds.

“I’m thrilled to return to Blue Bird, an iconic American company,” Wyskiel stated. “I’m passionate about building scalable operations and leading high-performance teams to drive continuous improvement. I look forward to working with the entire Blue Bird team and dealer network to execute our strategic initiatives and to deliver sustained profitable growth.”

Related: Blue Bird Announces Resignation of President; Phil Horlock to Remain as President and CEO
Related: OEM Blue Bird Featured on CBS for Safety Technology, Three-Point Seatbelts
Related: (STN Podcast E215) Next-Level Safety: Exclusive Interview – Seatbelts Standard on Blue Bird Buses
Related: Delawares Bryan Named President-Elect of NASDPTS

Wyskiel will also join the Blue Bird board of directors on Feb. 17. Horlock will remain on the board to ensure a smooth transition.

“John’s deep and varied expertise in operational excellence and manufacturing leadership makes him an ideal fit for this role at this time,” said Doug Grimm, chairman of Blue Bird Corporation. “His proven track record will be invaluable as we expand our footprint and improve our operational processes to support our customers.”

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