Reports Q1 revenue $996.68M, consensus $991.98M. Same-store sales increased 1.7%. The company said, “We delivered all-time record sales and Adjusted EBITDA1 in the first quarter, reflecting strong execution of our growth strategy and operational priorities. Sales increased by 28.1% while Adjusted EBITDA1 grew an even stronger 51.9%, driven by a 33% year-over-year growth in our location footprint, positive same-store sales1, and disciplined execution on Project 360 and acquisition synergies.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BGSI:
- Boyd Group Services price target lowered to C$255 from C$265 at Stifel
- Boyd Group Services price target lowered to $157 from $200 at Stephens
- Boyd Group Services price target lowered to $165 from $172 at Goldman Sachs
- Boyd Group Services falls -10.7%
- Boyd Group Services slides following disappointing Q4 revenue