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Boyd Group Reports Sales of $556.8 Million in First Quarter, Up 32% Compared to Last Year

May 11, 2022 By CollisionWeek Editor Leave a Comment

Continuing industry labor shortage and parts supply issues constrain growth. Company reports an unprecedented number of insurers increasing labor rates in response to wage and cost inflation. Boyd Group Services Inc. (TSE:BYD) today announced sales of $556.8 million for the first quarter ended March 31, up 32% from $421.6 million in the same period of […]

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

Boyd Group Reports Sales of $1.9 Billion in 2021

March 23, 2022 By CollisionWeek Editor

Sales were up nearly 20% overall. Same store sales up 7%. Boyd Group Services Inc. (TSE:BYD) announced sales increased by 19.9% to $1.9 billion in 2021 from $1.6 billion in 2020. Same-store sales increased 7.0% for the year. Fiscal 2021 had two fewer selling and production days when compared to fiscal 2020, which reduced selling […]

Filed Under: News Tagged With: Boyd Group, Earnings

ABPA 2022 Convention Features Boyd Group’s Tim O’Day

March 7, 2022 By CollisionWeek Editor

The Automotive Body Parts Association (ABPA) announced that Tim O’Day, President and CEO of Boyd Group Services will be presenting to ABPA Convention attendees on Thursday, May 5. O’Day serves as the President & Chief Executive Officer of Boyd Group Services Inc. In his role, he has overall responsibility for the affairs of Boyd, including […]

Filed Under: News Tagged With: Annual Conference, Automotive Body Parts Association, Boyd Group

Boyd Group Completes CEO Succession Plan

January 4, 2022 By CollisionWeek Editor

Boyd Group Services Inc. (TSE:BYD.TO) today announced the completion of the CEO Succession Plan, first announced in August 2019. Effective January 2, 2020, Brock Bulbuck moved into an Executive Chair role, and Tim O’Day succeeded Bulbuck and became President & CEO. Bulbuck remained in the position of Executive Chair for a two-year term to support […]

Filed Under: News Tagged With: Boyd Group, People

Boyd Group Has Acquired 7 Collision Repair Centers Since Reporting Quarterly Results

December 16, 2021 By CollisionWeek Editor

MSO clarifies it is no longer reporting individual acquisitions as they occur, remains committed to goal of doubling 2019 revenues by 2025. The Boyd Group issued a press release today clarifying that it is no longer announcing acquisitions as they occur and that they have continued to acquire facilities during the current quarter. According to […]

Filed Under: News Tagged With: Acquisitions, Boyd Group

CREF Scholarship Recipient Olivia Peterson Shines as Incoming Collision Repair Professional

December 7, 2021 By CollisionWeek Editor

When Olivia Peterson, a collision repair student at College of Lake County in Grayslake, Ill. applied for a scholarship through the Collision Repair Education Foundation (CREF) earlier this year, she had no clue how far that simple action would take her in a short span of time. Chosen to receive a $2,500 scholarship from Gerber […]

Filed Under: News Tagged With: Boyd Group, College of Lake County, Collision Repair Education Foundation, Illinois, Scholarships, Workforce Development

Boyd Group Reports Sales of Over $490 Million in Third Quarter

November 10, 2021 By CollisionWeek Editor

Sales were up 28.4% over last year. Same store sales up 10.7%. Labor shortage and parts supply issues constrain ability to meet demand. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales increased by 28.4% to $490.2 million in the  third quarter ended September 30, up from $381.7 million in the same period of 2020, including […]

Filed Under: News Tagged With: Boyd Group, Earnings

Boyd Group Acquires Collision Repair Center in Sycamore, Illinois

October 27, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Sycamore, Ill. This new Gerber Collision & Glass repair center has operated as Hayes Body Shop for 36 years and is located just off Route 23 which is the main roadway between Sycamore and DeKalb, home of Northern Illinois University. “The acquisition […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Illinois

Boyd Group Acquires Two Collision Repair Centers in Ohio

October 20, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of two collision repair centers in Medina and North Ridgeville, Ohio. The new Gerber Collision & Glass repair centers previously operated as South of the Square Collision Center, originating in Medina in 1999 and expanding to the North Ridgeville location in 2013. Medina is the county seat of […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Ohio

Boyd Group Acquires Collision Repair Center in Brighton, Michigan

October 13, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Brighton, Mich. This new Gerber Collision & Glass repair center has operated as Campbell Collision since 1969. Brighton is approximately 45 miles northwest of Detroit and 50 miles southeast of Lansing. “We welcome this team and are excited to strengthen our brand […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Michigan

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