BOYD GROUP SERVICES INC.

Boyd Group reported record Q2 revenue of $1,013.7 million and adjusted EBITDA of $135.9 million, driven by margin expansion, favorable parts and paint pricing, and faster-than-expected synergies from the Joe Hudson's conversion. Same-store sales returned to low single-digit growth, but net earnings fell sharply to $1.3 million due to elevated depreciation, amortization and financing costs related to new facilities and the acquisition. Management raised full-year synergy targets to $65 million and reduced leverage to 2.8x, yet near-term sales disruptions and repair cost inflation create execution risk for translating scale into net-profit improvement. Institutional ownership has declined, leaving valuation sensitive to continued margin gains and clean integration results in the coming quarters. » More on finance.yahoo.com

Boyd Group reported Q2 2026 revenue of $1.013 billion (+30%) and adjusted EPS of $0.80, missing the consensus expectation of $0.99. Adjusted EBITDA rose 45% to $135.9 million, the EBITDA margin improved to 13.4% and the gross margin climbed to 47.4%. The company raised its 2026 synergy target from $20 million to $35 million but recorded higher depreciation and financing costs that weighed on net income. The stock reacted moderately positively as investors priced in margin improvement and integration progress despite the EPS miss. » More on de.investing.com

Boyd Group reported Q1 2026 earnings per share of CAD 0.58 (forecast CAD 0.66) and revenue of CAD 996.7 million (forecast CAD 1.01 billion). Despite the misses, the company achieved record revenue and adjusted record EBITDA, driven by the acquisition of Joe Hudson’s, new locations and cost reductions under Project 360. The stock rose 5.68% in premarket trading as investors bet on the strategic initiatives and further market share gains. Boyd Group reiterated a positive outlook but warned of integration risks, fluctuations in claims volumes and macroeconomic headwinds. » More on de.investing.com