LKQ CORP

LKQ Corp reported a net loss of $27 million for the third quarter of 2026, a significant decline from a net income of $180 million in the same period of 2025. Revenue also decreased to $3,319 million from $3,499 million year-over-year. For the first nine months of 2026, net income fell to $189 million from $542 million in 2025, with revenue slightly down to $10,196 million. The company recorded an $88 million goodwill impairment charge for its Specialty reporting unit and completed several acquisitions totaling $116 million. Additionally, LKQ Corp is in the process of selling its Romanian operations, which resulted in a $23 million impairment charge.

LKQ Corporation reported a net loss of $24 million for the third quarter of 2026, a significant decline from a net income of $178 million in the same period last year. Revenue also decreased by 5.1% to $3.3 billion. The company cited weakness in its Europe segment, driven by operational issues and volume declines, as a primary factor. In a strategic move, LKQ announced the suspension of its previously announced strategic review, including the Specialty segment sales process, to allow the new leadership team to assess the business. Additionally, the company withdrew its full-year 2026 guidance. Despite the financial downturn, LKQ declared a quarterly cash dividend of $0.30 per share and continued its share repurchase program.

LKQ Corp reported a decline in its second-quarter 2026 financial results, with revenue decreasing to $3.41 billion and net income attributable to stockholders falling to $136 million, resulting in basic EPS of $0.53. For the first half of 2026, net income significantly decreased to $215 million, and operating cash flow also saw a substantial reduction. The company completed six acquisitions for $104 million, incurred $40 million in restructuring expenses, and recognized a $44 million impairment charge on its Mekonomen investment.

LKQ Corporation reported a 3.0% decrease in Q2 2026 revenue to $3.4 billion and a 27.8% drop in diluted EPS to $0.52, compared to the prior year. While North America showed positive organic growth, Europe's performance was negatively affected by an ERP implementation. The company also significantly lowered its full-year 2026 financial outlook across all key metrics, including organic revenue growth and adjusted diluted EPS, citing a slower recovery in Europe. A strategic review process, exploring alternatives for the Specialty segment and the entire company, is ongoing.

LKQ Corporation announced it will release its second-quarter 2026 financial results on Thursday, July 30, 2026. The company will host a conference call and webcast on the same day at 8:00 a.m. Eastern Time to discuss the results. Investors can access the call via dial-in or the webcast on the company's investor relations website.

LKQ Corporation's stockholders approved an amendment to the Restated Certificate of Incorporation, granting shareholders holding 25% or more of common stock the right to request a special meeting. This amendment became effective on May 8, 2026, following its approval at the Annual Meeting held on May 6, 2026. Additionally, stockholders elected eight directors, ratified Deloitte & Touche LLP as the independent auditor for 2026, and approved the 2025 executive compensation in an advisory vote.

LKQ Corp reported a significant decline in Q1 2026 net income to $79 million ($0.31 EPS) from $169 million ($0.65 EPS) in Q1 2025, despite a revenue increase to $3.47 billion. The results were heavily impacted by a $44 million impairment charge on its Mekonomen equity investment and increased restructuring expenses. The company also saw a substantial increase in net cash used in operating activities and a rise in the current portion of long-term obligations.

LKQ Corporation reported Q1 2026 revenue of $3.47 billion, a 4.3% increase year-over-year. However, diluted EPS fell 50.8% to $0.30, primarily due to a $44 million impairment on an equity method investment. The Board initiated a comprehensive review of strategic alternatives to enhance shareholder value and declared a quarterly cash dividend of $0.30 per share. The company also lowered its 2026 diluted EPS outlook while maintaining its adjusted diluted EPS guidance.

LKQ Corporation reported Q1 2026 financial results, with revenue increasing 4.3% to $3.47 billion. Net income decreased significantly to $77 million, or $0.30 diluted EPS, down 50.8% year-over-year, partly due to a $44 million impairment. The Board initiated a comprehensive review of strategic alternatives to enhance shareholder value, retaining BofA Securities and Goldman Sachs. The company also declared a quarterly cash dividend of $0.30 per share and reaffirmed its full-year 2026 outlook for organic revenue growth, operating cash flow, and free cash flow, though diluted EPS guidance was updated downwards.