Blue Bird Announces FY2024 Preliminary Unit Sales And Revenue; 9,000 Buses Sold; Record Net Sales Revenue Of $1.35B; Record EV Sales Of 704 Buses
Portfolio Pulse from Benzinga Newsdesk
Blue Bird Corporation reported record preliminary results for fiscal year 2024, with 9,000 buses sold and net sales revenue of $1.35 billion, marking a 19% increase. The company also achieved record electric vehicle sales of 704 buses, a 29% rise from the previous year.
October 25, 2024 | 1:04 pm
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Blue Bird Corporation announced record preliminary results for FY2024, with 9,000 buses sold and $1.35 billion in net sales revenue, a 19% increase. EV sales reached 704 buses, a 29% increase, driven by EPA's Clean School Bus program.
The announcement of record sales and revenue, particularly in the growing EV segment, is likely to positively impact Blue Bird's stock price. The strong backlog and increased orders from the EPA's program further support a positive outlook.
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