Up and At ’Em: Boyd Group reports 23.4 percent profit growth in Q4 2022

Winnipeg, Manitoba ⁠ The Boyd Group reported its Q4 2022 results earlier this week, stating net earnings of US$14.2 million during the fourth quarter, up from US$4.9 million a year earlier.

Profit for Q4 2022 amounted to 66 cents (USD) per diluted share, up from 23 cents per diluted share in Q4 2021.

For the full year 2022, Boyd said sales increased by 29.9 percent to US$2.4 billion, from US$1.9 billion in 2021. Same-store sales increased 19.8 percent over 2021, said the network. 

Net earnings for  2022 increased a whopping 74 percent, said Boyd Group in its press release, reporting earnings of US$41 million for 2022, compared with US$23.5 million in 2021.

Click here for the Boyd Group’s full Q4 2022 and full-year 2022 results. 


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