Boyd Group Revenue Surpasses $1 Billion Milestone in Q2

Sales reached $1,013.7 million for the period ending June 30, 2026, marking a 29.9% increase over the previous year. Adjusted EBITDA climbed 44.9% to $135.9 million, as margins expanded to 13.4%. This profitability growth was largely driven by the completed conversion of 258 Joe Hudson’s repair locations, an integration process the company noted is running ahead of original scheduling expectations.

Operational gains were bolstered by $15 million in incremental cost savings achieved during the quarter. While net earnings decreased to $1.3 million from $5.4 million—a result of higher depreciation and finance costs linked to recent expansion—adjusted net earnings rose by 46.7% to $22.4 million. Looking forward, the company has raised its annual synergy target for the Joe Hudson’s integration to $35 million, contributing to a revised total cost savings goal of $65 million for 2026.