StocksMedium•11 November 2026•
1 min read
Boyd Group Sales Top $1 Billion in Q3 as Adjusted EBITDA Surges 34%
Key Facts
1Boyd Group sales increased 28.2% to $1,012.7 million in the third quarter.
2Adjusted EBITDA increased 34.3% to $132.1 million.
3The company realized $50 million in Project 360 cost savings year-to-date in 2026.
Boyd Group Services sales increased 28.2% to $1,012.7 million in the third quarter of 2026. According to a company statement on PR Newswire, adjusted EBITDA grew 34.3% to reach $132.1 million. The growth was primarily driven by $206 million in revenue contributions from new locations and a 2.2% increase in same-store sales.
The company realized $50 million in cost savings through its Project 360 initiative year-to-date as of September 30, 2026. Regarding market performance, BGSI closed at $88.5 on November 10, 2026, after trading between a session low of $87.82 and a high of $90. These results highlight an expansion in adjusted EBITDA margins to 13%, up from 12.4% in the comparative period.