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You are here: Home / News / Boyd Group Reports Sales Down 9.9% in First Quarter

Boyd Group Reports Sales Down 9.9% in First Quarter

May 12, 2021 By CollisionWeek Editor

Same store sales down 12.6% on days adjusted basis. Announces acquisition of three collision repair centers in Hawaii.

Boyd Group Services Inc. (TSE:BYD.TO) today announced sales decreased by 9.9% to $421.6 million in its first quarter ended March 31, down from $467.8 million in the same period of 2020. Same-store sales decreased by 14.2%, with Canada having a significantly greater negative impact due to the slower economic reopening and more significant restrictions in place when compared to the U.S. Same-store sales decreased 12.6% on a days adjusted basis, recognizing one less selling and production day in the U.S. and Canada

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Filed Under: News Tagged With: Acquisitions, Boyd Group, Earnings, Hawaii

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