LKQ CORP

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.