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You are here: Home / News / Boyd Group Reports Revenue Up 23.4% in Third Quarter

Boyd Group Reports Revenue Up 23.4% in Third Quarter

November 13, 2019 By CollisionWeek Editor

Same store sales up 1.7% on days adjusted basis.

The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional selling and production day in the U.S. and Canada during 2019.

Boyd GroupAdjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 22.9% to CA$50.7 million ($38.29 million), compared with CA$41.2 million ($31.11 million) in 2018. Adjusted net earnings increased 7.2% to CA$21.9 million ($16.54 million)

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Filed Under: News Tagged With: Boyd Group, Earnings

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