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
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.