CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Boyd Group Reports Sales Down Over 25% in Second Quarter Due to Pandemic

Boyd Group Reports Sales Down Over 25% in Second Quarter Due to Pandemic

August 12, 2020 By CollisionWeek Editor

Same store sales down 33% compared to last year.

Boyd Group Services Inc. (TSE: BYD) today announced sales decreased by 25.5% to CA$426.5 million ($321.6 million) in the second quarter ended June 30 from CA$572.5 million ($431.7 million) in the same period of 2019, including same-store sales decreases of 33.0%, which was negatively impacted by the slower economic reopening in Canada.

Boyd GroupAdjusted earnings before interest, taxes, depreciation and amortization (EBITDA) decreased 38.6% to CA$49.2 million ($37.1 million) during the second quarter, compared with CA$80.1 million ($60.4 million) in 2019. Adjusted net earnings decreased 129.3% to an adjusted net loss of

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Boyd Group, Earnings

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference ASE Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • AAA Study Finds Cold Weather Cuts EV Range 39%, Hybrid Fuel Economy 23% May 5, 2026
  • Axalta Reports Sales of $1.25 Billion in First Quarter May 5, 2026
  • I-CAR Opens Call for 2026 Board of Directors Candidates May 5, 2026
  • California Volkswagen Dealers File State Protests Over Scout Motors Direct Sales May 5, 2026
  • GEICO First-Quarter Underwriting Earnings Fall 34.8% as Claim Frequency Declines Reverse May 4, 2026
  • Caliber Names Jason Monaco Chief Financial Officer May 4, 2026
  • I-CAR Plans Mixed Reality Repair Planning Series for Estimators May 4, 2026

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in