Boyd Group Services (BYD.TO,BGSI) reported a first quarter net loss of $7.9 million, compared to a loss of $2.6 million, prior year. The net loss was impacted by acquisition and transformational cost expenses in the first quarter of 2026 related to the Joe Hudson acquisition and Project 360. Loss per share was $0.28 compared to a loss of $0.12. Adjusted net earnings increased 144.3% to $16.1 million. Adjusted earnings per share increased to $0.58 from $0.31. Adjusted EBITDA increased 51.9% to $122.4 million.
First quarter sales were up 28.1% to $996.7 million. Same-store sales increased 1.7%, for the quarter.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.