LKQ reports lower third-quarter revenue and adjusted earnings, suspends strategic review
Filed with the SEC on · Summarized by InvestorsBot
LKQ’s third-quarter 2026 revenue fell 5.1% to $3.3 billion, while it reported a $24 million net loss, or $0.09 per diluted share, compared with $178 million of net income and $0.69 per share a year earlier; adjusted EPS declined to $0.50 from $0.84. Europe revenue dropped 10.2% amid Germany’s ERP implementation issues and weaker United Kingdom and Benelux volumes, and the company withdrew its 2026 guidance, suspended its strategic review including the Specialty segment sale process, extended its buyback authorization through October 25, 2028, and declared a $0.30 dividend payable December 3, 2026.