Blue Bird Corporation (NASDAQ:BLBD) Q3 2024 Earnings Conference Call August 7, 2024 4:30 PM ET

Company Participants

Mark Benfield - IR
Phil Horlock - CEO
Razvan Radulescu - CFO

Conference Call Participants

Mike Shlisky - D. A. Davidson.
Chris Pierce - Needham
Eric Stine - Craig-Hallum
Sherif El-Sabbahy - Bank of America Merrill Lynch

Operator

Hello all and welcome to Blue Bird's Fiscal 2024 Third Quarter Earnings Conference Call. My name is Lydia and I'll be your operator today. After the prepared remarks there'll be an opportunity to ask questions. [Operator Instructions].

I'll now hand you over to Mark Benfield, head of investor relations, to begin. Please go ahead.

Mark Benfield

Thank you and welcome to Blue Bird's fiscal 2024 third quarter earnings conference call. The audio for our call is webcast live on blue-bird.com under the investor relations tab. You can access the supporting slides on our website by clicking on the presentations box on the IR landing page.

Our comments today include forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include, among others, matters we have noted on the two slides and in our filings with the SEC. Blue Bird disclaims any obligation to update the information in this call.

This afternoon you will hear from Blue Bird CEO Phil Horlock and CFO Razvan Radulescu. Then we will take some questions. So let's get started. Phil?

Phil Horlock

Thanks Mark and good afternoon to everyone on our call today. It's great to be here and to share with you our results for our fiscal 2024 third quarter.

You'll recall that on our last earnings call we reported an all-time record profit for a second quarter. Well, I'm very pleased to tell you that our momentum has not slowed down at all, with the Blue Bird team doing a fantastic job in delivering a third quarter profit that is an all-time record for any quarter in our history. That surpasses our previous quarterly record that we achieved in the first quarter of this year.

Razvan will be taking you through the details of our financial results shortly. So let me get started with the key takeaways for the third quarter on slide six. As the headline says, we recorded the best ever profit for a quarter. I am particularly proud of this achievement after breaking profit records in each of the past two quarters and we have much more to come.