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LKQ Corp - LKQ STOCK NEWS

Welcome to our dedicated news page for LKQ (Ticker: LKQ), a resource for investors and traders seeking the latest updates and insights on LKQ.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LKQ's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LKQ's position in the market.

News
LKQ Corporation Announces Results for First Quarter 2024
Rhea-AI Summary
LKQ reported solid financial results for the first quarter of 2024, with revenue reaching $3.7 billion, an 11% increase from the same period in 2023. Despite challenges in the Wholesale – North America segment, the company experienced organic growth in the Europe segment and generated robust free cash flow. With a focus on operational excellence, LKQ remains confident in its ability to address cost structures and maintain adjusted earnings per share and free cash flow guidance. The company also completed an offering of senior notes, increased synergies from Uni-Select, and repurchased shares. Looking ahead, LKQ reaffirmed its full-year adjusted earnings per share and free cash flow guidance, reflecting optimism in its core strengths and recovery plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.88%
Tags
earnings
-
News
LKQ Corporation to Release First Quarter 2024 Results on Tuesday, April 23, 2024
Rhea-AI Summary
LKQ (Nasdaq: LKQ) is set to announce its first quarter 2024 financial results on April 23, 2024. The company will host a conference call and webcast to discuss the results, providing access to investors through various channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
earnings
-
News
LKQ Corporation Announces Pricing of €750,000,000 Senior Notes
Rhea-AI Summary
LKQ Corporation, along with its subsidiary LKQ Dutch Bond B.V., announced the pricing of €750,000,000 senior notes due 2031. The offering is a significant move in the company's financial strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
News
LKQ Corporation Announces Results for Fourth Quarter and Full Year 2023
Rhea-AI Summary
LKQ Corporation (Nasdaq:LKQ) reported strong fourth quarter and full year 2023 financial results, with a revenue of $3.5 billion in Q4, a 16.6% increase from 2022, and an annual revenue of $13.9 billion, an 8.4% increase from 2022. Parts and services organic revenue increased by 2.8% in Q4 and 4.7% annually. The company's 2024 outlook focuses on organic revenue growth, productivity, strong margins, and free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
Tags
earnings
-
News
LKQ Corporation to Release Fourth Quarter and Full Year 2023 Results on Thursday, February 22, 2024
Rhea-AI Summary
LKQ Corporation (Nasdaq: LKQ) is set to release its fourth quarter and full year 2023 financial results on February 22, 2024. The company will host a conference call and webcast to discuss the results. The audio webcast and presentation can be accessed on the company's website, with replays available through March 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
earnings
-
News
LKQ Corporation Announces New Leadership Appointments
Rhea-AI Summary
LKQ Corporation (Nasdaq: LKQ) announces the appointment of John Meyne as Senior Vice President and President of its Wholesale – North America segment, and Andy Hamilton as Senior Vice President and President of its European segment. Justin Jude, the current Senior Vice President and President of Wholesale – North America, will become Executive Vice President and Chief Operating Officer from January 1, 2024, and will officially succeed Dominick Zarcone as President and CEO on July 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
News
LKQ Corporation Announces 3rd Annual ‘LKQ Cares Holiday Vote’ Charitable Program
Rhea-AI Summary
LKQ Corporation (LKQ) announces its 3rd annual 'LKQ Cares Holiday Vote' charitable program, committing to donate $1 million to various philanthropic organizations. The program engages stakeholders globally, allowing them to direct the company's charitable efforts. Each of the ten organizations will receive an initial $50,000 donation, with the remaining $500,000 to be allocated based on votes from LKQ team members, customers, and other stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
-
News
LKQ Corporation Announces Executive Leadership Succession Plan
Rhea-AI Summary
LKQ Corporation (LKQ) announced the retirement of President and CEO Dominick Zarcone, with current Senior VP Justin Jude set to succeed him effective July 1, 2024. The Board has unanimously selected Jude as the next President and CEO, with Zarcone retiring on June 30, 2024. Justin will serve as Executive VP and COO from January 1, 2024, until officially taking over as President and CEO. The announcement comes after a succession planning process initiated more than a year ago. Justin's almost 20 years of service to LKQ has been marked by outstanding performance, excellent leadership, and sound judgment, making him the Board's confident choice to execute the Company's long-term strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
none
-
News
LKQ Corporation Announces Results For Third Quarter 2023
Rhea-AI Summary
LKQ Corporation reports third quarter 2023 financial results, with revenue increasing by 15% compared to the same period in 2022. Diluted EPS was $0.77, and adjusted diluted EPS was $0.86. The company also increased its dividend by 9% to $0.30 per share. However, the Europe segment's EBITDA margins were impacted by 110 basis points due to a legacy value-added tax issue and strikes in Germany. The company updated its annual guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.92%
Tags
earnings
News
LKQ Corporation Announces Increase to its Quarterly Dividend
Rhea-AI Summary
LKQ Corporation announces a 9% increase in quarterly cash dividend to $0.30 per share of common stock, reflecting confidence in their ability to generate robust free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.92%
Tags
dividends
Stock LKQ logo
LKQ Corp

Nasdaq:LKQ

LKQ Rankings

#740 Ranked by Market Cap
#3427 Ranked by Stock Gains
#1172 Ranked by Dividends

LKQ Stock Data

13.13B
264.77M
0.5%
101.54%
1.27%
Motor Vehicle Body Manufacturing
Manufacturing
Link
US
Chicago

About LKQ

lkq corporation (nasdaq: lkq), a fortune 500 company, is north america’s largest provider of alternative collision auto parts, and a leading provider of recycled and remanufactured mechanical parts including engines and transmissions, all in connection with the repair of automobiles and other vehicles. lkq is also a leading distributor and marketer of specialty aftermarket equipment and accessories in north america. lkq is the largest distributor of mechanical and collision alternative parts in the united kingdom, and the largest distributor of mechanical parts in the netherlands. lkq also has operations in taiwan, belgium and france. lkq operates more than 570 facilities, offering its customers a broad range of replacement systems, components, equipment, and parts to repair and accessorize automobiles, trucks, recreational and performance vehicles. in 2013, lkq surpassed $5 billion in revenue. since its formation in 1998, lkq has grown through internal development and over 170 acquisi