Same-store sales up nearly 20%. Demand for collision repair services exceeded capacity. Boyd Group Services Inc. (TSE:BYD) today announced the results for the the fourth quarter and full year ended December 31. For the year, sales increased by 29.9% to $2.4 billion from $1.9 billion in the same period of 2021, including same-store sales increases […]
Boyd Group to Open New Gerber Collision Repair Centers in North Carolina and Florida
The Boyd Group (TSE:BYD) announced that two new collision repair centers will be opening soon in Winterville, N.C. and New Port Richey, Fla. The company also lists a new location coming soon in Ocala, Fla. on its website. The North Carolina collision repair center, located at 214 Beacon Dr in Winterville, will be one of […]
Boyd Group’s Mario Dimovski to Return as an IBIS Ambassador
The International Bodyshop Industry Symposium (IBIS) announced the appointment of Mario Dimovski as an IBIS Ambassador for the North American region to kickstart its 2023 schedule themed Sustainable Strategies for Success. The IBIS Ambassadors program is a collaboration between IBIS Worldwide and some of the global automotive collision repair industry’s most respected and recognized experts […]
Ritchie Bros. and IAA Announce Amended Merger Agreement
Amended agreement was unanimously approved by both boards and is supported by Ancora Holdings. Starboard Value is making a $500 million strategic investment. Boyd Group’s Tim O’Day expected to be appointed to Ritchie Board of Directors upon closing of transaction. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSX:RBA) and IAA, Inc. (NYSE: IAA) today announced that they […]
Jeff Murray Named Interim CFO at Boyd Group
Boyd Group Services Inc. (TSE:BYD) announced the appointment of Jeff Murray as interim CFO, effective January 1. On August 10, 2022, Boyd announced the planned retirement of Pat Pathipati from the role of Executive Vice President & CFO, effective December 31. The previously announced search to succeed Pat Pathipati in the role of Executive Vice […]
Boyd Group Reports Sales Up Over 27% in Third Quarter Compared to Last Year
Same store sales were up almost 22% during the quarter. Boyd Group Services Inc. (TSE:BYD) announced sales increased by 27.6% to $625.7 million in the third quarter ended September 30 from $490.2 million in the same period of 2021. Same-store sales increased 21.9% during the quarter. The third quarter of 2022 had the same number […]
Brian Kaner Named Executive Vice President and Chief Operating Officer for Boyd Group Collision Repair Business
Boyd Group Services Inc. (TSE:BYD) announced the appointment of Brian Kaner as Executive Vice President and Chief Operating Officer for the Boyd Group’s collision business, effective today. In this role, Kaner will have responsibility for Boyd’s collision operations in both the United States and Canada. “This change to our top-level structure is being made to […]
Boyd Group Says Four Collision Repair Centers Remain Closed Following Hurricane Ian
Nearly all of its Florida and South Carolina collision repair centers have reopened. Boyd Group Services Inc. (TSE:BYD) announced that nearly all Gerber Collision & Glass locations that were temporarily closed in the states of Florida and South Carolina have now re-opened. In total, 62 collision locations were ultimately impacted by temporary closures as well […]
Boyd Group Reports Second Quarter Sales of Over $612 Million, Up Nearly 38%
Same store sales were up over 22% compared to last year. Announces planned retirement of CFO Pathipati. Boyd Group Services Inc. (TSE:BYD) today announced sales of $612.8 million in the second quarter ended June 30. Sales during the quarter increased by 37.8% from $444.6 million in the same period of 2021. Results included same-store sales […]
Caliber’s Paul Krauss Elected to I-CAR Board of Directors
The Inter-Industry Conference on Auto Collision Repair (I-CAR) Board of Directors announced the election of Paul Krauss, Executive Vice President of Caliber Collision Centers, to serve a three-year term filling the Board’s open Large MSO Collision Repair seat. The Board’s election process concluded on July 25 and Krauss will assume his new role immediately following […]
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