What Is Really Happening Beneath Boyd Group’s (BGSI) Record-Breaking Numbers?
Boyd Group Services (BGSI) reported record Q2 revenue of $1.01B, up 29.9%, and adjusted EBITDA of $135.9M, up 44.9%. However, net earnings fell to $1.3M from $5.4M. Margins improved, with adjusted EBITDA margin at 13.4% and gross margin at 47.4%. The company completed the conversion of 258 Joe Hudson's locations and raised its full-year savings target to $65M.






