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Boyd Group Services Inc. announced a 28% rise in sales for the third quarter of 2026.

ResultsRead the original at newswire.ca
Neutral

Boyd Group's sales rose 28%, and adjusted EBITDA rose 34.3% to $132.1 million as its margin improved. But net earnings fell from $10.8 million to $0.1 million, and adjusted earnings per share fell from $0.83 to $0.68, leaving mixed results.

BYD · Boyd Group Services Inc.

AI read · Neutral

The AI's read

Joe Hudson's, market share gains and stronger sales at existing shops helped lift sales. Cost savings and savings from combining the businesses also raised margins. Yet reported profit was affected by $5.2 million in acquisition and transformation costs and higher accounting costs for acquired intangible assets. Adjusted net earnings rose, but earnings per share fell. These results point in different directions.

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