Blue Bird Corporation's fiscal Q1 2026 results exceeded guidance across all metrics, showcasing robust order intake and strong financial performance amidst ongoing tariff challenges.
- Revenue increased 6% year-over-year to $333 million, with adjusted EBITDA rising to $50 million.
- Q1 order intake surged 45% compared to the previous year, leading to a backlog of 3,400 units.
- The company is optimistic about the EV market, recording 121 EV sales and a backlog of 855 units expected to extend into 2027.
- Discipline in pricing strategy resulted in an average increase of nearly $8,800 per bus unit, reflecting effective tariff recovery measures.
- Continued commitment to operational excellence, with a focus on automation and cost improvement initiatives to enhance long-term profitability.
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