Boyd Group Services Inc. (BGSI) saw its stock price surge 5.24% in Wednesday's trading session following the release of its strong third-quarter 2025 financial results and the announcement of a major acquisition. The company, which operates collision repair centers across North America, reported significant improvements in key financial metrics and provided an optimistic outlook for future growth.

For the third quarter ended September 30, 2025, Boyd Group reported adjusted earnings per share of $0.62, a substantial increase from $0.15 in the same period last year. The company's revenue rose 5% to $790.2 million, driven by same-store sales growth of 2.4% and contributions from new locations. Notably, Adjusted EBITDA saw a robust increase of 22.8% to $98.4 million, with the Adjusted EBITDA margin expanding to 12.4% from 10.7% in the prior year.

Adding to the positive sentiment, Boyd Group announced a definitive agreement to acquire Joe Hudson's Collision Center for $1.3 billion. This strategic move is expected to add 258 locations to Boyd's network, primarily in the US Southeast, further solidifying the company's position in the fragmented North American collision repair industry. The acquisition, along with the company's ongoing margin improvement initiatives and positive same-store sales trends, has bolstered investor confidence in Boyd's growth prospects. As the company continues to execute its expansion strategy and cost transformation plans, it appears well-positioned to deliver sustained growth and value creation in the coming years.