New Risk • May 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (30% increase in shares outstanding). Reported Earnings • May 14
First quarter 2026 earnings: EPS misses analyst expectations First quarter 2026 results: US$0.28 loss per share (further deteriorated from US$0.12 loss in 1Q 2025). Revenue: US$996.7m (up 28% from 1Q 2025). Net loss: US$7.93m (loss widened 201% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 26
Price target decreased by 8.8% to US$173 Down from US$189, the current price target is an average from 14 analysts. New target price is 45% above last closing price of US$119. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$2.96 for next year compared to US$0.82 last year. Annuncio • Apr 24
Boyd Group Services Inc. Announces Executive Appointments Boyd Group Services Inc. announced the appointment of Steve Hoeft as Chief Operations Officer for the Boyd Group's U.S. collision business and the appointment of Zach Balthrop as Chief Commercial Officer for the Boyd Group. Mr. Hoeft joins Boyd following nine years with Bridgestone Americas, where he most recently served as President of the Commercial Truck Group since 2022. In that role, he led a large-scale business unit across the U.S. and Canada, with responsibility spanning multiple channels, including OEM, commercial dealer and national fleet accounts. Key areas of responsibility included oversight of a commercial network of approximately 4,000 locations, as well as key functions such as product planning, demand planning and supply chain. Prior to his time at Bridgestone Americas, Steve held leadership positions at Brink's Inc., Advance Auto Parts, and Corporate Express (a Staples Co.). Mr. Balthrop has been with the company since 2024 and has served as the leader of Boyd's South Division, where he has consistently delivered strong performance and operational excellence. Prior to his time at Boyd, Zach most recently held the role of Chief Commercial Officer at FYX Fleet and the role of Senior Vice President, Sales, Marketing and Customer Experience at Pep Boys Auto Service and Tires. As Chief Commercial Officer, he will be focused on leveraging the sales resources we have across the company to holistically support all lines of business and continue to enhance and expand client relationships. Cameron Dickson, who previously held the role of Chief Operating Officer at Joe Hudson's Collision Center prior to the acquisition by Boyd, will take over the role of Senior Vice President of Boyd's South Division. Recent Insider Transactions • Mar 25
Independent Director recently bought US$606k worth of stock On the 20th of March, Sally Savoia bought around 4k shares on-market at roughly US$141 per share. This transaction amounted to 76% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$1.2m more in shares than they have sold in the last 12 months. Declared Dividend • Mar 19
Fourth quarter dividend of CA$0.16 announced Shareholders will receive a dividend of CA$0.16. Ex-date: 31st March 2026 Payment date: 28th April 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 55%. Cash payout ratio: 4%. Reported Earnings • Mar 18
Full year 2025 earnings released Full year 2025 results: Net income: (down US$24.5m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Mar 18
New major risk - Revenue and earnings growth Earnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (30% increase in shares outstanding). Annuncio • Mar 17
Boyd Group Services Inc. Announces Cash Dividend for the First Quarter of 2026, Payable on April 28, 2026 Boyd Group Services Inc. announced a cash dividend for the first quarter of 2026 of CAD 0.156 per common share. The dividend will be payable on April 28, 2026 to common shareholders of record at the close of business on March 31, 2026. Annuncio • Mar 02
Boyd Group Services Inc., Annual General Meeting, May 13, 2026 Boyd Group Services Inc., Annual General Meeting, May 13, 2026. Annuncio • Feb 25
Boyd Group Services Inc. to Report Q4, 2025 Results on Mar 18, 2026 Boyd Group Services Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 18, 2026 Annuncio • Jan 10
Boyd Group Services Inc. (TSX:BYD) completed the acquisition of JHCC Holdings LLC from TSG Consumer Partners, LP. Boyd Group Services Inc. (TSX:BYD) agreed to acquire JHCC Holdings LLC from TSG Consumer Partners, LP for $1.3 billion on October 29, 2025. The transaction has been funded through U.S. equity offering of US$897 million, a private placement of CAD 525 million of senior unsecured notes due 2030 and drawings on the Company's revolving credit facility.
The transaction is subject to approval by regulatory board / committee. The closing of the acquisition is expected to occur in the fourth quarter of 2025. The acquisition is expected to be accretive to Boyd’s Adjusted EBITDA margin. As on January 7, 2026, the transaction has received regulatory approvals and is expected to close on January 9, 2026.
RBC Capital Markets, LLC acted as financial advisor for Boyd Group Services Inc. Massumi + Consoli LLP acted as legal advisor for Boyd Group Services Inc. Jason Rylander, Laura C. Onken, Jeny M. Maier, James K. Hunsberger and John D. Harkrider of Axinn, Veltrop & Harkrider LLP acted as legal advisor for Boyd Group Services Inc. Deidre J. Johnson, Kyle Higley, Megan Bisk, Ropes & Gray LLP acted as legal advisor for TSG Consumer Partners, LP and JHCC Holdings LLC. Fasken Martineau DuMoulin LLP acted as legal advisor for JHCC Holdings LLC. Harris Williams LLC acted as financial advisor for JHCC Holdings LLC. BofA Securities, Inc. acted as financial advisor for JHCC Holdings LLC.
Boyd Group Services Inc. (TSX:BYD) completed the acquisition of JHCC Holdings LLC from TSG Consumer Partners, LP on January 9, 2026. Declared Dividend • Dec 21
Third quarter dividend of CA$0.16 announced Shareholders will receive a dividend of CA$0.16. Ex-date: 31st December 2025 Payment date: 28th January 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 56%. Cash payout ratio: 4%. Annuncio • Dec 19
Boyd Group Services Inc. announces Quarterly dividend, payable on January 28, 2026 Boyd Group Services Inc. announced Quarterly dividend of CAD 0.1560 per share payable on January 28, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: US$0.51 (vs US$0.14 in 3Q 2024) Third quarter 2025 results: EPS: US$0.51 (up from US$0.14 in 3Q 2024). Revenue: US$790.2m (up 5.0% from 3Q 2024). Net income: US$10.8m (up 275% from 3Q 2024). Profit margin: 1.4% (up from 0.4% in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Nov 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Shareholders have been diluted in the past year (30% increase in shares outstanding). Annuncio • Nov 05
Boyd Group Services Inc. has completed a Follow-on Equity Offering in the amount of $780.012 million. Boyd Group Services Inc. has completed a Follow-on Equity Offering in the amount of $780.012 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,532,000
Price\Range: $141
Discount Per Security: $5.46375
Transaction Features: New Market Listing Annuncio • Oct 31
Boyd Group Services Inc. Provides Earning Guidance Third Quarter of 2025 Boyd Group Services Inc. provided earning guidance third quarter of 2025. For the third quarter of 2025, Boyd expects to report sales of between $787 million and $792 million, up approximately 5% year-over-year and driven by same-store sales growth in the range of 2%-2.5%, as well as sales from new locations that were not in operation for the full comparative period. Annuncio • Oct 29
Boyd Group Services Inc. to Report Q3, 2025 Results on Nov 12, 2025 Boyd Group Services Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 12, 2025 Annuncio • Sep 17
Boyd Group Services Inc. Announces Third Quarter 2025 Cash Dividend, Payable on October 29, 2025 Boyd Group Services Inc. announced a cash dividend for the third quarter of 2025 of $0.153 per common share. The dividend will be payable on October 29, 2025 to common shareholders of record at the close of business on September 30, 2025. Annuncio • Jul 30
Boyd Group Services Inc. to Report Q2, 2025 Results on Aug 13, 2025 Boyd Group Services Inc. announced that they will report Q2, 2025 results on Aug 13, 2025 Annuncio • Jun 19
Boyd Group Services Inc. Announces Cash Dividend for the Second Quarter of 2025, Payable on July 29, 2025 Boyd Group Services Inc. announced a cash dividend for the second quarter of 2025 of $0.153 per common share. The dividend will be payable on July 29, 2025 to common shareholders of record at the close of business on June 30, 2025. Annuncio • Apr 30
Boyd Group Services Inc. to Report Q1, 2025 Results on May 14, 2025 Boyd Group Services Inc. announced that they will report Q1, 2025 results Pre-Market on May 14, 2025 Annuncio • Mar 20
Boyd Group Services Inc. Announces Cash Dividend for the First Quarter 2025, Payable on April 28, 2025 Boyd Group Services Inc. announced a cash dividend for the first quarter of 2025 of $0.153 per common share. The dividend will be payable on April 28, 2025 to common shareholders of record at the close of business on March 31, 2025. Annuncio • Mar 19
Boyd Group Services Inc. Provides Earning Guidance for 2029 Boyd Group Services Inc. provided earning guidance for 2029. For the period, the company expects growing revenue to $5 billion in 2029. Annuncio • Feb 28
Boyd Group Services Inc. to Report Q4, 2024 Results on Mar 19, 2025 Boyd Group Services Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 19, 2025 Annuncio • Dec 18
Boyd Group Services Inc. Announces Cash Dividend for the Fourth Quarter of 2024, Payable on January 29, 2025 Boyd Group Services Inc. announced a cash dividend for the fourth quarter of 2024 of $0.153 per common share. The dividend will be payable on January 29, 2025 to common shareholders of record at the close of business on December 31, 2024. Annuncio • Dec 03
Boyd Group Services Inc., Annual General Meeting, May 14, 2025 Boyd Group Services Inc., Annual General Meeting, May 14, 2025. Annuncio • Dec 02
Boyd Group Services Inc. Announces CEO Changes, Effective May 14, 2025 Boyd Group Services Inc. announced that, effective May 14, 2025, Chief Executive Officer Timothy O'Day will step down from his current role, to be succeeded by Brian Kaner, current President and Chief Operating Officer of Boyd. These changes are planned to be effective as of the date of the Annual General Meeting of Boyd, which is scheduled to occur on May 14, 2025. Mr. O'Day joined Gerber Collision & Glass in February of 1998 and, with Boyd Group's acquisition of Gerber in 2004, he was appointed Chief Operating Officer of Boyd's U.S. Operations. In 2008, he was appointed President and Chief Operating Officer for U.S. Operations, and in January, 2017 he was appointed President and Chief Operating Officer for all of Boyd's operations in both the U.S. and Canada. At the beginning of 2020, he took an expanded role as President and Chief Executive Officer. Mr. O'Day has also served on the Board since 2012. Throughout the past twenty years, Mr. O'Day has played an integral role in the Boyd Group's growth and success. Mr. Kaner joined Boyd in October 2022 as Chief Operating Officer for Boyd's Collision Operations. Mr. Kaner was previously CEO & President of Pep Boys & Icahn Automotive Services where he led all functional disciplines and field leadership teams overseeing 1,000 company owned and nearly 800 franchise locations. Before joining Icahn Enterprises L.P., Mr. Kaner worked for Sears Holdings Corporation as President of Sears Auto Centers. He holds a Bachelor's degree in Accounting from Illinois State University. Annuncio • Oct 22
Boyd Group Services Inc. to Report Q3, 2024 Results on Nov 05, 2024 Boyd Group Services Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 05, 2024 Annuncio • Sep 17
Boyd Group Services Inc. Announces Cash Dividend for the Third Quarter of 2024, Payable on October 29, 2024 Boyd Group Services Inc. announced a cash dividend for the third quarter of 2024 of $0.15 per common share. The dividend will be payable on October 29, 2024 to common shareholders of record at the close of business on September 30, 2024. Annuncio • Aug 08
Boyd Group Services Inc. Announces Executive Changes Boyd Group Services Inc. announced the appointment of Brian Kaner as President and Chief Operating Officer of the Company. In his expanded role, Mr. Kaner will have operating responsibility for the entire company. Concurrent with this change, Tim O'Day will remain Chief Executive Officer (CEO), however relinquish the President title, which he has held since 2017. Mr. Kaner, along with Boyd's Executive Vice President & Chief Financial Officer, Jeff Murray and Boyd's Executive Vice President & Chief Human Resources Officer, Kim Morin, will continue to report to Mr. O'Day. Mr. Kaner joined Boyd in October 2022 as Chief Operating Officer for Boyd's Collision Operations. Mr. Kaner was previously CEO & President of Pep Boys & Icahn Automotive Services where he led all functional disciplines and field leadership teams overseeing 1,000 company owned and nearly 800 franchise locations. Before joining Icahn Enterprises L.P., Mr. Kaner worked for Sears Holdings Corporation as President of Sears Auto Centers. He holds a Bachelor's degree in Accounting from Illinois State University. Annuncio • Jul 25
Boyd Group Services Inc. to Report Q2, 2024 Results on Aug 08, 2024 Boyd Group Services Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Annuncio • Jun 18
Boyd Group Services Inc. Declares Cash Dividend for the Second Quarter of 2024, Payable on July 29, 2024 Boyd Group Services Inc. announced a cash dividend for the second quarter of 2024 of $0.15 per common share. The dividend will be payable on July 29, 2024 to common shareholders of record at the close of business on June 30, 2024. Annuncio • May 03
Boyd Group Services Inc. to Report Q1, 2024 Results on May 15, 2024 Boyd Group Services Inc. announced that they will report Q1, 2024 results Pre-Market on May 15, 2024 Annuncio • Mar 15
Boyd Group Services Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 26, 2024 Boyd Group Services Inc. announced a cash dividend for the first quarter of 2024 of $0.15 per common share. The dividend will be payable on April 26, 2024 to common shareholders of record at the close of business on March 31, 2024. Annuncio • Mar 01
Boyd Group Services Inc., Annual General Meeting, May 15, 2024 Boyd Group Services Inc., Annual General Meeting, May 15, 2024. Annuncio • Feb 29
Boyd Group Services Inc. to Report Q4, 2023 Results on Mar 20, 2024 Boyd Group Services Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 20, 2024 Annuncio • Dec 15
Boyd Group Services Inc. Announces Cash Dividend for the Fourth Quarter of 2023, Payable on January 29, 2024 Boyd Group Services Inc. announced a cash dividend for the fourth quarter of 2023 of $0.15 per common share. The dividend will be payable on January 29, 2024 to common shareholders of record at the close of business on December 31, 2023. Annuncio • Oct 25
Boyd Group Services Inc. to Report Q3, 2023 Results on Nov 10, 2023 Boyd Group Services Inc. announced that they will report Q3, 2023 results at 10:00 AM, US Eastern Standard Time on Nov 10, 2023 Annuncio • Sep 16
Boyd Group Services Inc. Announces Cash Dividend for the Third Quarter of 2023, Payable on October 27, 2023 Boyd Group Services Inc. announced a cash dividend for the third quarter of 2023 of $0.147 per common share. The dividend will be payable on October 27, 2023 to common shareholders of record at the close of business on September 30, 2023. Annuncio • Jul 29
Boyd Group Services Inc. to Report Q2, 2023 Results on Aug 10, 2023 Boyd Group Services Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 10, 2023 Annuncio • Jun 17
Boyd Group Services Inc. Announces Cash Dividend for the Second Quarter of 2023, Payable on July 27, 2023 Boyd Group Services Inc. announced a cash dividend for the second quarter of 2023 of $0.147 per common share. The dividend will be payable on July 27, 2023 to common shareholders of record at the close of business on June 30, 2023. Annuncio • May 12
Boyd Group Services Inc. Appoints Christine Feuell to Its Board of Directors Boyd Group Services Inc. announced the election of Christine Feuell to its Board of Directors at its Annual Meeting held on May 10, 2023. Ms. Feuell has nearly 30 years of career experience transforming brands and business units to deliver strong customer value and profitable growth in the automotive, supply chain automation and building technologies industries. Ms. Feuell's automotive industry experiences include OEMs (Ford, Stellantis) and Tier 1 Suppliers (Johnson Controls, Adient) in which she created and launched innovative products, technologies and services for the OEM and Aftermarket Channels. Since 2021, she has been serving as CEO, Chrysler Brand at Stellantis, a leading global automotive mobility and technology leader, where she is transforming the Chrysler brand to full-electrification and delivering break-through seamlessly connected technologies and experiences. Prior to her role at Chrysler, Ms. Feuell was the Chief Commercial Officer at Honeywell, where she was responsible for creating and delivering advanced automation software and technology solutions for E-Commerce, Retail, Logistics, Health and Pharma industries. Annuncio • Jan 28
Boyd Group Services Inc.(TSX:BYD) dropped from S&P/TSX Income Trust Index Boyd Group Services Inc.(TSX:BYD) dropped from S&P/TSX Income Trust Index Annuncio • Oct 29
Boyd Group Services Inc. to Report Q3, 2020 Results on Nov 11, 2020 Boyd Group Services Inc. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 11, 2020 Annuncio • Jul 31
Boyd Group Services Inc. to Report Q2, 2020 Results on Aug 12, 2020 Boyd Group Services Inc. announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 12, 2020