Same store sales down 2.8% during quarter year-over-year. Boyd Group Services Inc. (TSE: BYD) today announced sales of $778.3 million for the first quarter ended March 31, down 1.0% from $786.5 million in the same period of 2024. Same-store sales declined 2.8% compared to 2024. The first quarter of 2025 had one less selling and […]
CIECA Adds Five New Members to Expanded Board of Trustees
The Collision Industry Electronic Commerce (CIECA) announced April 28 that the Board of Trustees has expanded the number of board seats due to the continued growth in the organization’s membership. Representatives from the following five companies will join the board, effective immediately. Boyd Group: Creighton Warren, Chief Information Officer (CIO) Claim Leader LLC: Andre Shervanian, […]
Boyd Group Reports Sales Up 4.2% in 2024
Addition of new locations lifts revenue as same store sales declined year-over-year. Boyd Group Services Inc. (TSE: BYD) announced sales increased by 4.2% to $3.1 billion in 2024 from $2.9 billion in 2023. The result included incremental sales from new locations of $187.2 million, partially offset by same-store sales declines of 1.8%. Fiscal 2024 recognized […]
Boyd Group Unveils Five-Year Growth Strategy Targeting $5 Billion Revenue
Plan calls for increasing market share from 6 to 10% in 2029 of $50 billion collision repair industry. Boyd Group Services Inc. (TSE: BYD) announced an ambitious five-year strategic plan aimed at significantly expanding its market presence and profitability through 2029. The company, which currently holds the second position in the highly fragmented collision repair […]
Boyd Group Announces CEO Succession Plan
Tim O’Day to be succeeded by Brian Kaner in May 2025. Boyd Group Services Inc. (TSE: BYD) announced that, effective May 14, 2025, Chief Executive Officer Timothy O’Day will step down from his current role, to be succeeded by Brian Kaner, current President and Chief Operating Officer of Boyd. These changes are planned to be […]
Boyd Group Reports Sales of Over $752 Million in Third Quarter
While overall sales were up, same store sales declined in the quarter and year to date compared to last year. Boyd Group Services Inc. (TSE: BYD) today announced sales during the third quarter ended September 30 increased by 2.0% to $752.3 million from $737.8 million in the same period last year. Same-store sales declined 3.5% […]
Boyd Group Reports Nearly 100 Locations Temporarily Closed Due to Hurricanes Helene and Milton
Boyd Group Services Inc. (TSE: BYD) announced that recent hurricane activity has called for certain Gerber Collision & Glass locations in the affected areas to be temporarily closed, with some closures made in accordance with mandatory evacuation orders, and some on a discretionary basis to allow employees to prepare accordingly. During the last week of […]
Boyd Group Reports Second Quarter Sales of $779.2 Million
Overall sales up 3.4% for the quarter, but same-store sales were down. Announces appointment of President and Chief Operating Officer. Boyd Group Services Inc. (TSE: BYD) today announced sales for the quarter ended June 30 increased by 3.4% to $779.2 million from $753.2 million in the same period last year. Same-store sales declined during the […]
Boyd Group Reports Sales Up 10% in First Quarter Compared to Last Year
Same store sales were up 2.2% during the quarter over 2023. Demand impacted by mild winter weather. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 10.0% to $786.5 million in the first quarter ended March 31, up from $714.9 million in the same period of 2023. The company reported same-store sales increased […]
Boyd Group Reports Sales of $2.9 Billion in 2023
Overall sales were up 21.1% compared to 2022. Added 106 new locations during the year. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 21.1% to $2.9 billion, up from $2.4 billion in 2022. Same-store sales increased 15.8% during the year. Fiscal 2023 recognized one less selling and production day when compared to […]
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