Welcome to our dedicated page for Lkq news (Ticker: LKQ), a resource for investors and traders seeking the latest updates and insights on Lkq stock.
LKQ Corporation (Nasdaq: LKQ) is a distributor of alternative, aftermarket and recycled parts used to repair and accessorize automobiles and other vehicles, with operations in North America, Europe and Taiwan. The LKQ news feed on Stock Titan aggregates company-issued press releases and other coverage so readers can follow how LKQ’s strategy, portfolio and capital structure evolve over time.
Recent news has highlighted LKQ’s multi-year effort to simplify its business portfolio and focus on core, non-discretionary segments. The company announced and then completed the sale of its Self Service segment, known as "Pick Your Part," to an affiliate of Pacific Avenue Capital Partners, LLC, and now reports that segment as discontinued operations. LKQ has also disclosed that it is exploring a potential sale of its Specialty segment, which it describes as a distributor of automotive, RV and marine parts and accessories in North America.
Investors tracking LKQ news can expect updates on quarterly financial results and outlook, strategic divestitures, capital allocation decisions such as share repurchases and dividends, and changes in board leadership and governance. The company regularly issues press releases in connection with its earnings, providing commentary on revenue trends, margins, cash flow and its transformation plan.
LKQ’s news flow also includes sustainability and operational initiatives, such as its partnership to install a large-scale rooftop solar power system at logistics centers in Germany under a long-term power purchase agreement, which the company links to its greenhouse gas emissions reduction strategy and circular economy practices. For anyone researching LKQ stock (LKQ), this news page offers a centralized view of the company’s public announcements, from strategic transactions to investor conference appearances.
LKQ Corporation (Nasdaq: LKQ) has appointed John Mendel as Chairman of the Board of Directors, effective immediately. Mendel, who has served on the board since 2018, brings over 45 years of automotive industry experience, including executive roles at American Honda, Ford, Lincoln, Mercury, and Mazda America.
Current Chairman Guhan Subramanian will step down and remain on the board until his planned retirement on January 1, 2026, ensuring a smooth transition. The appointment comes as part of LKQ's ongoing efforts to enhance corporate governance practices and follows a comprehensive board composition review.
LKQ Corporation (Nasdaq: LKQ) announced that its senior management team will present at the J.P. Morgan 2025 Automotive Conference in New York on August 12, 2025. The company will make presentation materials available on its website www.lkqcorp.com on the day of the conference.
LKQ Corporation (Nasdaq: LKQ) reported its Q2 2025 financial results with revenue of $3.6 billion, down 1.9% year-over-year. The company posted net income of $192 million and diluted EPS of $0.75, up 7.1% from Q2 2024.
Key highlights include $125 million in cost reductions over the past 12 months, with an additional $75 million targeted for 2025. The company returned capital to shareholders through $39 million in share repurchases and $78 million in dividends during Q2 2025.
Due to macroeconomic challenges, LKQ lowered its 2025 outlook, projecting organic revenue growth for parts and services between -3.5% to -1.5% and adjusted diluted EPS of $3.00 to $3.30.
LKQ Corporation (Nasdaq: LKQ) has scheduled its second quarter 2025 financial results release for Thursday, July 24, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time where senior management will discuss the quarterly results.
Investors can join via phone using the numbers (833) 470-1428 (domestic) or (404) 975-4839 (international) with conference ID 409932. The webcast and slide presentation will be available on LKQ's investor relations website. Replay options will be accessible until July 31, 2025.
LKQ Corporation (Nasdaq: LKQ) has announced a strategic joint venture with SYNETIQ Ltd., an IAA company, forming LKQ SYNETIQ. The partnership combines LKQ Europe's distribution network with SYNETIQ's dismantling expertise, which processes approximately 27,000 vehicles annually across four UK sites.
The joint venture aims to enhance LKQ Europe's salvage channel capabilities and comply with future EU regulations while advancing SYNETIQ's environmental goals. The venture will be led by SYNETIQ's Michael Hill, LKQ Europe's Annick Jourdenais, and LKQ Atracco's Magnus Tagesson. The collaboration will create a comprehensive catalog combining new aftermarket parts, certified remanufactured parts, and quality-assured recycled parts, particularly focusing on hybrid and EV models.
LKQ Corporation (LKQ) has released its 2024 Sustainability Report, highlighting the company's achievements in sustainable operations and circular economy initiatives. The report outlines LKQ's three-pillar strategy focusing on sustainable solutions, people-led performance, and governance practices.
Key 2024 achievements include:
- Processing 735,000 vehicles and selling nearly 12 million salvaged parts
- Reducing Scope 1 and 2 greenhouse gas emissions by 16% compared to 2022 baseline
- Donating over $4 million through the LKQ Community Foundation
- Employee participation in over 200 local community initiatives
LKQ (Nasdaq: LKQ) reported its Q1 2025 financial results with revenue of $3.5 billion, representing a 6.5% decrease from Q1 2024's $3.7 billion. Parts and services organic revenue declined 4.3%. The company achieved net income of $169 million with diluted EPS of $0.65, up 10.2% year-over-year.
The company returned $118 million to stockholders, including $40 million in share repurchases and $78 million in dividends. A quarterly dividend of $0.30 per share was approved for Q2 2025. The company maintained its full-year 2025 guidance, projecting organic revenue growth of 0-2% and adjusted diluted EPS of $3.40-$3.70.
LKQ's balance sheet showed total debt of $4.4 billion with a leverage ratio of 2.5x EBITDA. The company has formed a tariff task force to address potential market disruptions, though tariff impacts are not included in the current guidance.
LKQ (Nasdaq: LKQ) has announced it will release its first quarter 2025 financial results on Thursday, April 24, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) on the same day.
Investors can access the conference call by dialing (833) 470-1428 for domestic calls or (404) 975-4839 for international access, using conference ID: 101078. The presentation will include an audio webcast and slides, accessible through the Investor Relations section of LKQ's website.
A replay will be available via telephone at (866) 813-9403 (domestic) or (929) 458-6194 (international) using conference ID: 672057, and through the company's website until May 1, 2025.
LKQ reported its Q4 and full-year 2024 results. Q4 revenue was $3.4 billion, down 4.1% from Q4 2023, with parts and services organic revenue declining 3.6%. Full-year 2024 revenue reached $14.4 billion, up 3.5% from 2023.
Q4 net income was $156 million with diluted EPS of $0.60, compared to $184 million and $0.69 in Q4 2023. Full-year 2024 net income was $690 million with diluted EPS of $2.62, down from $942 million and $3.51 in 2023.
The company generated $1.1 billion in operating cash flow and $0.8 billion in free cash flow for 2024. LKQ returned over 80% of free cash flow to shareholders through share repurchases ($360 million) and dividends ($318 million). The company's Europe segment achieved record Q4 EBITDA margin of 10.1%.
LKQ (Nasdaq: LKQ) has announced significant board changes and governance enhancements. The company has appointed two new independent directors, Sue Gove and Michael Powell, to its Board of Directors, effective immediately. This appointment comes alongside a Cooperation Agreement with Ancora Catalyst Institutional, LP and Engine Capital, LP.
The company has also formed a new Finance Committee of the Board, which will make recommendations on capital allocation strategy and business portfolio. The committee will be chaired by Andrew Clarke and include John Mendel, Xavier Urbain, along with the new directors Gove and Powell.
Gove brings experience as Founder and President of Excelsior Advisors and has board expertise in the automotive industry through IAA and AutoZone. Powell contributes leadership experience from Progressive , where he served as Claims Process General Manager.
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