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LKQ CORPBullish
LKQ announced preliminary Q3 2026 results with $3.32 billion in revenue and a net loss of $16 million to $32 million, citing significant underperformance in Europe, and withdrew its full-year 2026 guidance. Consequently, CEO Justin Jude resigned effective immediately, and Salvatore A. Abbate was appointed as the new CEO, while Alvarez & Marsal was retained to advise on European operations.…more
LKQ CORP
Pzena Investment Management LLC has filed a Schedule 13G/A regarding its beneficial ownership in LKQ CORP. The reporting entity has reaffirmed its significant equity position in the company.…more
LKQ CORP
Insider Andrew C. Hamilton of LKQ CORP reported a change in beneficial ownership of securities on September 1, 2026. This filing is a standard Form 4 disclosure and does not involve any capital raising, financial restructuring, or changes in corporate control.…more
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LKQ Tumbles as Europe Weakness Triggers Guidance Withdrawal and CEO Change…more
LKQ shares plummeted after the company reported weak preliminary third-quarter results and withdrew its full-year 2026 guidance due to European operational challenges. The company also announced a leadership transition, appointing a new CEO to address the significant performance shortfall.…more
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LKQ reported disappointing third-quarter results primarily driven by underperformance in its European segment and subsequently withdrew its full-year 2026 guidance. The company also announced an immediate leadership change, appointing a new CEO to address operational challenges.…more
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LKQ Corporation has appointed distribution industry veteran Salvatore A. Abbate as its new President and CEO. The company aims to leverage his leadership to improve operational performance and drive long-term shareholder value.…more
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