Blue Bird Delivers Strong Fiscal 2017 Third Quarter; Authorizes Capital Stock Repurchase Program

Unit Sales up 2%, Net Income up $23.0 million and Adjusted EBITDA down $0.3 million

Full Year Net Sales guidance narrowed; Adjusted EBITDA and Adjusted Free Cash Flow guidance lowered

FORT VALLEY, Ga.-- Blue Bird Corporation (BLBD) (Blue Bird), the leading independent designer and manufacturer of school buses, announced today its fiscal 2017 third quarter results and the authorization by its Board of Directors of a capital stock repurchase program.