Boyd Group Services Reports 28.2% Revenue Growth in Third Quarter 2026
Boyd Group Services Inc. reported strong financial results for the third quarter of 2026, highlighted by a 28.2% increase in sales to $1,012.7 million. This growth was primarily driven by the addition of 342 new locations and a 2.2% increase in same-store sales. The company also saw significant margin expansion, with Adjusted EBITDA rising 34.3% to $132.1 million as margins reached 13.0%. The performance was bolstered by the integration of Joe Hudson's acquisition and the 'Project 360' cost-saving initiative, which has realized $50 million in synergies year-to-date. Management remains on track to hit an accelerated savings target of $65 million for the full year. To support shareholder value, the company announced a normal course issuer bid and declared its third-quarter dividend.
Tickers: $BYD
Topics: Dividend Declaration EBITDA Expansion Financial Results Revenue Growth Share Buyback
Read the full article at PR Newswire
Part of the story Boyd Group Services Reports 28.2% Revenue Growth in Third Quarter 2026 (23 articles)