$22.470
+1.146 (+5.10%)收盤時
LKQ 資訊
LKQ 事件
LKQ Withdraws Full-Year 2026 Guidance
The company said, "Considering the third quarter results in Europe and the appointment of Mr. Abbate as President and Chief Executive Officer, effective December 15, 2026, LKQ is withdrawing its full-year 2026 guidance, which was most recently updated on July 30, 2026."
LKQ Appoints Salvatore Abbate as New CEO
LKQ Corp. announced the appointment of Salvatore Abbate as president and CEO, effective December 15. He succeeds Justin Jude, who is departing the company effective immediately. Until Abbate assumes the role of president and CEO, the company has established an interim office of the CEO to provide ongoing leadership continuity, consisting of John Mendel, chairman of the board, and Sue Gove, chair of LKQ's audit committee. The office of the CEO will work closely with LKQ's leadership team in overseeing the company's operations during the interim period.
Company Reports Q3 Revenue of $3.32B
Reports preliminary Q3 revenue $3.32B, consensus $3.29B. The company said, "The third quarter results primarily reflect underperformance in the Europe segment, including operational disruptions associated with the ERP implementation in Germany and volume declines in the United Kingdom and Benelux. While Specialty was modestly below expectations, the shortfall was more limited, and North America performed in line with the Company's expectations despite softer market conditions."
LKQ Corp. Stock Drops 18.3% to $21.56
LKQ Corp. is down -18.3%, or -$4.83 to $21.56.
Company Reports Q2 Revenue of $3.41B, Below Expectations
Reports Q2 revenue $3.41B, consensus $3.48B. "Our second-quarter performance reflected solid execution across our North America and Specialty segments. North America returned to positive organic growth for the first time in nine quarters, driven by record alternative-parts utilization of over 40%, moderating insurance premiums that were negative in May and June, and continued sequential improvement in repairable claims. Specialty also delivered growth despite a challenging end-market environment and continued macro-economic pressure on consumers. Europe fell short of expectations, with results affected by the ERP implementation in Germany. Outside of the ERP impact, the team delivered substantial cost reductions that largely offset the lower volumes we witnessed in the UK and Benelux regions. Overall, the fundamentals of our business are improving, and as market conditions continue to recover, we expect those operational gains to translate into stronger financial performance and profitability in the quarters ahead," commented Justin Jude, President and Chief Executive Officer.
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