Same store sales up 1.7%. Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) reported first quarter sales of $996.7 million for the three months ended March 31, an increase of 28.1% from $778.3 million in the same period of 2025, as the contribution from its Joe Hudson’s Collision Center acquisition combined with positive same-store sales […]
Axalta Reports Sales of $1.25 Billion in First Quarter
Axalta Coating Systems Ltd. (NYSE: AXTA) reported first quarter net sales of $1.25 billion, down 1% year-over-year, as the global coatings company beat its own guidance on revenue, adjusted earnings and adjusted earnings per share while delivering record first quarter cash generation. The company posted net income of $91 million, down 8% from the prior […]
GEICO First-Quarter Underwriting Earnings Fall 34.8% as Claim Frequency Declines Reverse
Private passenger auto claim frequencies and severity climbed across all coverages in the first quarter, reversing recent favorable trends. GEICO’s pre-tax underwriting earnings fell to $1.416 billion in the first quarter of 2026, down $757 million, or 34.8%, from $2.173 billion in the first quarter of 2025, Berkshire Hathaway disclosed in its quarterly report filed […]
LKQ Reports Q1 Revenue of $3.5 Billion as North America Outperforms Repairable Claims Decline
Used car price gains, near-record alternative parts utilization and easing insurance premiums signal recovery. LKQ Corporation (NASDAQ: LKQ) reported first-quarter revenue of $3.47 billion, up 4.3% from the year-ago quarter, as foreign currency tailwinds and growth in its Specialty segment offset organic declines in North America and Europe. Total parts and services revenue increased 3.6%, […]
PPG Reports First Quarter Sales of $3.9 Billion
Refinish volumes down double digits on comparison to strong first half of 2025, but U.S. claims trends signal earlier recovery. PPG reported first-quarter 2026 net sales of $3.9 billion, up 7% year over year, and said the U.S. automotive refinish market is recovering faster than the company initially expected based on improving collision claims data […]
Allstate Auto Insurance Underwriting Income More Than Doubles to $1.7 Billion in First Quarter
Market share increased in the quarter year-over-year. The Allstate Corp.’s auto insurance business posted underwriting income of $1.73 billion in the first quarter of 2026, up from $816 million in the prior year quarter, as the recorded combined ratio improved 9.4 points to 81.9 and policies in force grew 2.6%. Premiums written were essentially flat […]
AkzoNobel Reports First Quarter Results
AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) reported first-quarter 2026 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of €345 million ($404.2 million) on April 22, a 3% decline as reported but a 7% increase at comparable scope and constant currencies, as the coatings supplier delivered its fourth consecutive quarter of year-over-year margin expansion. Adjusted […]
Dealership Body Shop Sales Hit Record $8.08 Billion in 2025
The percentage of dealers operating collision repair facilities resumed a multi-year slide after a one-year pause, while total sales reached a new high. The total auto body work performed by U.S. franchised new-vehicle dealerships rose to a record $8.08 billion in 2025, an increase of 2.8% from $7.86 billion in 2024, according to the latest […]
Boyd Group Reports 2025 Sales of $3.1 Billion
Same-store sales returned to positive territory in the second half of the year as adjusted EBITDA margins expanded driven by cost savings and internalization of scanning and calibration. Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) reported sales of $793.9 million for the fourth quarter ended Dec. 31, up 5.5% from $752.3 million in the […]
GEICO Reports $45.2 Billion Premiums Written in 2025
Private passenger auto claims frequencies for property damage and collision coverage declined while severity increased. Berkshire Hathaway reported its full year 2025 earnings on Saturday, February 28, providing details on its GEICO subsidiary—the third-largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings totaled $6.824 billion in 2025, down $989 million, or 12.7%, […]
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