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Boyd Group Reports Nearly 100 Locations Temporarily Closed Due to Hurricanes Helene and Milton

October 11, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group

Boyd Group Reports Second Quarter Sales of $779.2 Million

August 8, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group, Earnings, People

Boyd Group Reports Sales Up 10% in First Quarter Compared to Last Year

May 15, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group, Earnings

Boyd Group Reports Sales of $2.9 Billion in 2023

March 20, 2024 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group, Earnings

Focus Advisors Releases 2023 Collision Repair Consolidation Year in Review

January 25, 2024 By CollisionWeek Editor

Shops owned by the Accelerating Consolidators at Year-End (2019-2023)*

Report details acquisition and private equity activity across the U.S. Focus Advisors, the mergers and acquisition advisory firm, released its review of 2023 collision repair acquisition activity. The report is provided below: Growth Never Rests – 2023 Year in Review By Raul Salinas, Senior Associate, Focus Advisors Consolidators, Accelerators and Independent MSOs remain undaunted in […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Caliber, Classic Collision, CollisionRight, Crash Champions, Focus Advisors, Joe Hudson's Collision Center

Boyd Group Reports Sales Up Nearly 18% in Third Quarter

November 13, 2023 By CollisionWeek Editor

Same store sales were up 11.8%. MSO added 21 new collision repair locations during the quarter, including 17 acquisitions. Boyd Group Services Inc. (TSE:BYD) announced sales of $737.8 million during its third quarter ended September 30, up 17.9% from $625.7 million in the same period of 2022. Same-store sales increased by 11.8% during the third […]

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

Gerber Partners with Opus IVS on Scanning and Diagnostics

October 19, 2023 By CollisionWeek Editor

Gerber Collision & Glass, the U.S. collision repair brand of the Boyd Group, announced the strengthening of their partnership with Opus IVS, the provider of intelligent vehicle support solutions. This strategic alliance allows Gerber Collision & Glass to consolidate their diagnostic services through a single diagnostic platform with Opus IVS’s advanced DriveSafe platform, enabling state-of-the-art […]

Filed Under: News Tagged With: Agreements Signed, Boyd Group, Diagnostics, Gerber, Opus IVS

Boyd Group Says UAW Strike Hasn’t Impacted its Parts Supply to Date But Cautions Long Strike Could Cause Disruptions

October 4, 2023 By CollisionWeek Editor

Boyd Group Services Inc. (TSE: BYD) yesterday commented on the potential impact of the United Auto Workers (UAW) labor strike. “To date, the Strike has not impacted our ability to source parts required to complete collision repairs; however, should the Strike continue for an extended period of time, it is possible that parts supply from […]

Filed Under: News Tagged With: Boyd Group, Ford, General Motors, Parts Distribution Center, Stellantis, Strike, United Auto Workers

Boyd Group Reports Sales of Over $753 Million in Second Quarter

August 10, 2023 By CollisionWeek Editor

Overall sales were up more than 22%. Same store sales up almost 19%. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 22.9% to $753.2 million in the second quarter ended June 30, from $612.8 million in the same period of 2022. Same-store sales increased by 18.9%. The second quarter of 2023 had […]

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

Jeff Murray Named Chief Financial Officer at Boyd Group

July 12, 2023 By CollisionWeek Editor

Boyd Group Services Inc. (TSE:BYD) announced the appointment of Jeff Murray as Executive Vice-President & Chief Financial Officer, effective immediately. Murray has served as Interim Chief Financial Officer since January 1, 2023. “Since the beginning of 2023, Jeff has been able to seamlessly take on the position of Interim CFO, and we are pleased to […]

Filed Under: News Tagged With: Boyd Group, People

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