Boyd Group Services Inc. Reports Third Quarter 2026 Results
PR Newswire•11/11/2026•06:00 ET
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Key Highlights
- ➤Sales $1,012.7 million, up 28.2% year over year
- ➤Adjusted EBITDA $132.1 million, up 34.3%; margin expanded to 13.0%
- ➤Net earnings fell to $0.1 million from $10.8 million
- ➤Project 360 savings and acquisition synergies reached $50 million year-to-date
- ➤Boyd expects to complete and open 11 start-up locations in Q4
Expert Statements
Brian Kaner, President & CEO of Boyd Group
“Our third quarter results reflect continued progress on our strategic priorities and ongoing outperformance of broader industry trends. Revenue increased 28%, supported by the addition of Joe Hudson's, market share gains and positive same-store sales growth. We delivered year-over-year expansion in gross and Adjusted EBITDA margins, benefiting from Project 360 initiatives and acquisition synergies, and remain on track to achieve our accelerated $65 million savings target for 2026. We also launched a normal course issuer bid, reinforcing our commitment to a disciplined and balanced approach to capital allocation, with a focus on supporting our existing operations, strengthening our market position and creating long-term shareholder value.”
Boyd Group Services Inc. Reports Third Quarter 2026 Results PR Newswire
Strong Growth and Margin Expansion; Project 360 and Synergy Realization On Track
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