Boyd Group Services Inc. Elects New Directors at AGM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
Source: PRnewswire
- Election Results: At the Annual General Meeting on May 13, 2026, Boyd Group Services Inc. successfully elected several directors, with David Brown receiving 96.28% of the votes, indicating strong shareholder trust in the management team.
- Voting Analysis: Most nominees garnered over 90% support, particularly Robert Espey, who was elected with 99.39% of the votes, reflecting the stability of the company's governance structure and shareholder confidence in future growth.
- Company Background: Boyd Group Services Inc. is one of the largest operators of non-franchised collision repair centers in North America, operating under several well-known brands across Canada and the U.S., showcasing its strong competitive position in the market.
- Future Outlook: Following the election, the company will continue to focus on expanding its market share and enhancing service quality to address industry competition and market changes, ensuring long-term sustainable growth.
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Analyst Views on BGSI
Wall Street analysts forecast BGSI stock price to rise
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 107.700
Low
176.00
Averages
200.62
High
215.21
Current: 107.700
Low
176.00
Averages
200.62
High
215.21
About BGSI
Boyd Group Services Inc. is a Canadian company that controls the Boyd Group Inc. and its subsidiaries (Boyd). The Company's business consists of the ownership and operation of autobody/auto glass repair facilities and related services. It operates through the automotive collision repair and related services segment. Boyd is an operator of non-franchised collision repair centers in North America in terms of number of locations and sales. Boyd operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive, as well as in the United States under the trade name Gerber Collision & Glass. It is also a retail auto glass operator in the United States under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. In addition, Boyd operates as a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside and first notice of loss services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Boyd Group Services Inc. Elects New Directors at AGM
- Election Results: At the Annual General Meeting on May 13, 2026, Boyd Group Services Inc. successfully elected several directors, with David Brown receiving 96.28% of the votes, indicating strong shareholder trust in the management team.
- Voting Analysis: Most nominees garnered over 90% support, particularly Robert Espey, who was elected with 99.39% of the votes, reflecting the stability of the company's governance structure and shareholder confidence in future growth.
- Company Background: Boyd Group Services Inc. is one of the largest operators of non-franchised collision repair centers in North America, operating under several well-known brands across Canada and the U.S., showcasing its strong competitive position in the market.
- Future Outlook: Following the election, the company will continue to focus on expanding its market share and enhancing service quality to address industry competition and market changes, ensuring long-term sustainable growth.
See More
Boyd Group Services Q1 Earnings Beat Expectations
- Earnings Beat: Boyd Group Services reported a Q1 non-GAAP EPS of $0.58, exceeding expectations by $0.02, indicating a robust profitability trend that strengthens investor confidence.
- Significant Revenue Growth: The company achieved revenue of $996.7 million in Q1, reflecting a 28.1% year-over-year increase and surpassing analyst expectations by $4.72 million, showcasing strong market performance and sustained customer demand.
- Strong Market Performance: Boyd Group Services' financial results not only highlight its competitive position in the industry but also demonstrate its adaptability in the context of economic recovery, potentially attracting more investor interest.
- Optimistic Outlook: With improvements in revenue and profitability, Boyd Group Services is poised to maintain its growth momentum in the future, further enhancing its market position and driving shareholder value.
See More
Boyd Group Reports Record Q1 2026 Financial Results
- Significant Sales Performance: In Q1 2026, Boyd Group achieved record sales of $996.76 million, a 28.1% increase year-over-year, primarily driven by the addition of 269 new locations and market share gains, showcasing the company's robust growth potential in the competitive collision repair industry.
- Substantial Adjusted EBITDA Growth: Adjusted EBITDA surged by 51.9% to $122.4 million, with EBITDA margins expanding by 200 basis points to 12.3%, reflecting successful execution of Project 360 and acquisition synergies, which further enhanced profitability.
- Continued Same-Store Sales Growth: Same-store sales increased by 1.7%, with an adjusted growth of approximately 2.6% despite the impact of unusual winter storm activity in the U.S. South, marking the third consecutive quarter of same-store sales growth and demonstrating effective operational execution amid recovering market demand.
- Ongoing Strategic Expansion: Boyd added 269 locations during the quarter, including 258 from the Joe Hudson acquisition, indicating strong strategic execution in integrating acquisitions and expanding market share, with expectations for continued long-term growth.
See More
Boyd Group Reports Record Q1 2026 Results with 28.1% Sales Growth
- Record Sales Performance: Boyd Group achieved all-time record sales of $996.7 million in Q1 2026, reflecting a 28.1% year-over-year increase driven by the addition of 269 locations and sustained market share growth, showcasing the company's robust expansion capabilities and market adaptability.
- Significant EBITDA Growth: Adjusted EBITDA surged by 51.9% to $122.4 million, with EBITDA margins expanding by 200 basis points to 12.3%, indicating enhanced operational efficiency driven by Project 360 and synergies from the Joe Hudson acquisition.
- Consistent Same-Store Sales Growth: Same-store sales increased by 1.7%, with an adjusted growth of approximately 2.6% when excluding unusual weather impacts in the South, marking the third consecutive quarter of same-store sales growth, reflecting improved market demand and strengthened competitive positioning.
- Improved Financial Health: The company declared a cash dividend of C$0.156 per share in Q1 and reduced pro forma debt leverage from 3.1x to 2.9x, demonstrating a solid financial position that supports future investments and growth initiatives.
See More
Boyd Group Appoints New Executives to Strengthen Leadership
- Executive Appointments: Boyd Group has appointed Steve Hoeft as Chief Operations Officer for its U.S. business, bringing extensive experience from Bridgestone Americas where he managed approximately 4,000 commercial locations, which is expected to enhance operational efficiency and market competitiveness.
- Strategic Business Focus: Zach Balthrop has been appointed as Chief Commercial Officer, tasked with leveraging existing sales resources to drive sales, client performance, and marketing, aiming to strengthen client relationships and support integration across business lines.
- Leadership Team Enhancement: Boyd Group's President Brian Kaner stated that these executive changes are designed to strengthen the executive team to better align with evolving business needs and ensure the achievement of strategic objectives.
- Market Positioning Improvement: New COO Hoeft will oversee U.S. collision operations, procurement, and continuous improvement, which is expected to further solidify Boyd's leadership position in the North American market.
See More
Boyd Group Appoints New Executives to Strengthen Leadership
- Executive Appointments: Boyd Group has appointed Steve Hoeft as COO for its U.S. operations, bringing nine years of experience from Bridgestone Americas where he oversaw a network of approximately 4,000 locations, which is expected to enhance operational efficiency and market competitiveness.
- Strategic Growth Focus: Zach Balthrop has been named Chief Commercial Officer, tasked with leveraging sales resources across business lines to drive growth through improved client relationships and marketing strategies.
- Leadership Team Enhancement: CEO Brian Kaner stated that these executive changes are designed to strengthen the leadership team to better align with evolving business needs and ensure the achievement of strategic objectives.
- Market Positioning Improvement: New COO Hoeft will oversee U.S. collision operations, procurement, and continuous improvement, aiming to solidify the company's market position by enhancing service quality across its operations.
See More
Boyd Group Services Inc. Elects New Directors at AGM
- Election Results: At the Annual General Meeting on May 13, 2026, Boyd Group Services Inc. successfully elected several directors, with David Brown receiving 96.28% of the votes, indicating strong shareholder trust in the management team.
- Voting Analysis: Most nominees garnered over 90% support, particularly Robert Espey, who was elected with 99.39% of the votes, reflecting the stability of the company's governance structure and shareholder confidence in future growth.
- Company Background: Boyd Group Services Inc. is one of the largest operators of non-franchised collision repair centers in North America, operating under several well-known brands across Canada and the U.S., showcasing its strong competitive position in the market.
- Future Outlook: Following the election, the company will continue to focus on expanding its market share and enhancing service quality to address industry competition and market changes, ensuring long-term sustainable growth.
See More
Boyd Group Services Q1 Earnings Beat Expectations
- Earnings Beat: Boyd Group Services reported a Q1 non-GAAP EPS of $0.58, exceeding expectations by $0.02, indicating a robust profitability trend that strengthens investor confidence.
- Significant Revenue Growth: The company achieved revenue of $996.7 million in Q1, reflecting a 28.1% year-over-year increase and surpassing analyst expectations by $4.72 million, showcasing strong market performance and sustained customer demand.
- Strong Market Performance: Boyd Group Services' financial results not only highlight its competitive position in the industry but also demonstrate its adaptability in the context of economic recovery, potentially attracting more investor interest.
- Optimistic Outlook: With improvements in revenue and profitability, Boyd Group Services is poised to maintain its growth momentum in the future, further enhancing its market position and driving shareholder value.
See More
Boyd Group Reports Record Q1 2026 Financial Results
- Significant Sales Performance: In Q1 2026, Boyd Group achieved record sales of $996.76 million, a 28.1% increase year-over-year, primarily driven by the addition of 269 new locations and market share gains, showcasing the company's robust growth potential in the competitive collision repair industry.
- Substantial Adjusted EBITDA Growth: Adjusted EBITDA surged by 51.9% to $122.4 million, with EBITDA margins expanding by 200 basis points to 12.3%, reflecting successful execution of Project 360 and acquisition synergies, which further enhanced profitability.
- Continued Same-Store Sales Growth: Same-store sales increased by 1.7%, with an adjusted growth of approximately 2.6% despite the impact of unusual winter storm activity in the U.S. South, marking the third consecutive quarter of same-store sales growth and demonstrating effective operational execution amid recovering market demand.
- Ongoing Strategic Expansion: Boyd added 269 locations during the quarter, including 258 from the Joe Hudson acquisition, indicating strong strategic execution in integrating acquisitions and expanding market share, with expectations for continued long-term growth.
See More
Boyd Group Reports Record Q1 2026 Results with 28.1% Sales Growth
- Record Sales Performance: Boyd Group achieved all-time record sales of $996.7 million in Q1 2026, reflecting a 28.1% year-over-year increase driven by the addition of 269 locations and sustained market share growth, showcasing the company's robust expansion capabilities and market adaptability.
- Significant EBITDA Growth: Adjusted EBITDA surged by 51.9% to $122.4 million, with EBITDA margins expanding by 200 basis points to 12.3%, indicating enhanced operational efficiency driven by Project 360 and synergies from the Joe Hudson acquisition.
- Consistent Same-Store Sales Growth: Same-store sales increased by 1.7%, with an adjusted growth of approximately 2.6% when excluding unusual weather impacts in the South, marking the third consecutive quarter of same-store sales growth, reflecting improved market demand and strengthened competitive positioning.
- Improved Financial Health: The company declared a cash dividend of C$0.156 per share in Q1 and reduced pro forma debt leverage from 3.1x to 2.9x, demonstrating a solid financial position that supports future investments and growth initiatives.
See More
Boyd Group Appoints New Executives to Strengthen Leadership
- Executive Appointments: Boyd Group has appointed Steve Hoeft as Chief Operations Officer for its U.S. business, bringing extensive experience from Bridgestone Americas where he managed approximately 4,000 commercial locations, which is expected to enhance operational efficiency and market competitiveness.
- Strategic Business Focus: Zach Balthrop has been appointed as Chief Commercial Officer, tasked with leveraging existing sales resources to drive sales, client performance, and marketing, aiming to strengthen client relationships and support integration across business lines.
- Leadership Team Enhancement: Boyd Group's President Brian Kaner stated that these executive changes are designed to strengthen the executive team to better align with evolving business needs and ensure the achievement of strategic objectives.
- Market Positioning Improvement: New COO Hoeft will oversee U.S. collision operations, procurement, and continuous improvement, which is expected to further solidify Boyd's leadership position in the North American market.
See More
Boyd Group Appoints New Executives to Strengthen Leadership
- Executive Appointments: Boyd Group has appointed Steve Hoeft as COO for its U.S. operations, bringing nine years of experience from Bridgestone Americas where he oversaw a network of approximately 4,000 locations, which is expected to enhance operational efficiency and market competitiveness.
- Strategic Growth Focus: Zach Balthrop has been named Chief Commercial Officer, tasked with leveraging sales resources across business lines to drive growth through improved client relationships and marketing strategies.
- Leadership Team Enhancement: CEO Brian Kaner stated that these executive changes are designed to strengthen the leadership team to better align with evolving business needs and ensure the achievement of strategic objectives.
- Market Positioning Improvement: New COO Hoeft will oversee U.S. collision operations, procurement, and continuous improvement, aiming to solidify the company's market position by enhancing service quality across its operations.
See More
