Business
Boyd Group Services Inc. Reports Fourth Quarter and Full Year 2025 Results
Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("the Boyd Group", "Boyd" or "the Company") today announced the results for the three and twelve-month periods ended December 31, 2025. The Boyd Group's fourth quarter and full year 2025 financial statements and MD&A have been filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov). This news release is not in any way a substitute for reading Boyd's financial statements, including notes to the financial statements, and Boyd's Management's Discu
About this update from Boyd Gaming Corporation
[{"type":"text","content":"- Strong Finish To 2025, With Second Consecutive Quarter of Positive Same-Store Sales Growth and Solid Year-Over-Year Adjusted EBITDA Margin Improvement -","length":154,"tagName":"p","attribs":{}},{"type":"text","content":"WINNIPEG, MB, March 18, 2026 /CNW/ - Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("the Boyd Group", "Boyd" or "the Company") today announced the results for the three and twelve-month periods ended December 31, 2025. The Boyd Group's fourth quarter and full year 2025 financial statements and MD&A have been filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov). This news release is not in any way a substitute for reading Boyd's financial statements, including notes to the financial statements, and Boyd's Management's Discussion & Analysis.","length":618,"tagName":"p"},{"type":"text","content":"Full Year 2025 Results and Highlights:","length":38,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales increased by 2.4% over the same period in 2024 to $3.1 billion, including incremental sales from 119 new locations of $94.2 million, partially offset by same-store sales[1] declines of 0.2%. Fiscal 2025 included one fewer selling and production day than fiscal 2024, which reduced selling and production capacity by approximately 0.4% and resulted in the decline in same-store sales","length":388,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 increased 12.4% to $376.3 million, compared with Adjusted EBITDA of $334.8 million in 2024","length":107,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net earnings1 increased 28.8% to $62.4 million, compared with $48.5 million in Adjusted net earnings in 2024 and Adjusted net earnings per share1 increased 23.0% to $2.78, compared with $2.26 in 2024. Commencing in the fourth quarter, the calculation of Adjusted net earnings excludes amortization of intangibles arising on acquisitions. Comparative periods have been restated for consistency. Prior to the adjustment for amortization of intangibles arising on acquisitions, Adjusted net earnings in 2025 was $44.4 million, compared with $30.9 million in 2024 and Adjusted net earnings per share was $1.98, compared with $1.44 in 2024","length":643,"tagName":"p"}]},{"val":[{"type":"text","content":"Net earnings...