reports
LKQ Corporation Announces Results for First Quarter 2024
LKQ Corporation Announces Results for First Quarter 2024 Revenue of $3.7 billion (an 11% increase compared to the same period in 2023)Diluted EPS2 of $0.59; adjusted diluted EPS1,2 of $0.82Operating cash flow of $253 million; free cash flow1 of $187 millionDividend of $0.30 per share approved to be paid in the second quarter of 2024Completed an offering of €750 million of unsecured 4.125% senior notesUni-Select synergies accelerated and increased from $55 million to $65 millionRepurchased $30 million of LKQ shares CHICAGO, April 23, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) ...
LKQ Corporation to Release First Quarter 2024 Results on Tuesday, Apri...
LKQ Corporation to Release First Quarter 2024 Results on Tuesday, April 23, 2024 CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2024 financial results on Tuesday, April 23, 2024. Conference Call Details LKQ will host a conference call and webcast on April 23, 2024 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (833) 470-1428. International access to the call may be obtained by dialing (404) 975-4839. The inv...
LKQ Corporation Announces Pricing of €750,000,000 Senior Notes
LKQ Corporation Announces Pricing of €750,000,000 Senior Notes CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), together with its indirect, wholly-owned subsidiary, LKQ Dutch Bond B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (“LKQ Finance”) announced today that it has priced an offering by LKQ Finance of €750,000,000 aggregate principal amount of 4.125% senior notes due 2031 (the “notes”). The offering is expected to close on or about March 13, 2024, subject to ...
LKQ Corporation Announces Results for Fourth Quarter and Full Year 202...
LKQ Corporation Announces Results for Fourth Quarter and Full Year 2023 Fourth quarter 2023 revenue of $3.5 billion (a 16.6% increase compared to the same period of 2022); annual revenue of $13.9 billion (an 8.4% increase compared to 2022)Parts and services organic revenue increased 2.8% (3.4% on a per day basis); annual increase of 4.7% (5.1% on a per day basis)Fourth quarter 2023 diluted EPS2 of $0.69; adjusted diluted EPS1,2 of $0.84Annual diluted EPS2 of $3.51; adjusted diluted EPS1,2 of $3.83Annual operating cash flow of $1.4 billion; free cash flow1 of $1.0 billionDividend of $0.30 p...
LKQ Corporation to Release Fourth Quarter and Full Year 2023 Results o...
LKQ Corporation to Release Fourth Quarter and Full Year 2023 Results on Thursday, February 22, 2024 CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2023 financial results on Thursday, February 22, 2024. Conference Call Details LKQ will host a conference call and webcast on February 22, 2024 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (833) 470-1428. International access to the call may be...
LKQ Corporation Announces New Leadership Appointments
LKQ Corporation Announces New Leadership Appointments John Meyne appointed Senior Vice President of LKQ and President of its Wholesale – North America segmentAndy Hamilton appointed Senior Vice President of LKQ and President of its European segment CHICAGO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) previously announced that Justin Jude, the Company’s current Senior Vice President and President of its Wholesale – North America segment, has been appointed to serve as LKQ’s Executive Vice President and Chief Operating Officer from January 1, 2024 until he officially su...
LKQ Corporation Announces 3rd Annual ‘LKQ Cares Holiday Vote’ Charitab...
LKQ Corporation Announces 3rd Annual ‘LKQ Cares Holiday Vote’ Charitable Program CHICAGO, Ill., Nov. 28, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation today announced its 3rd annual ‘LKQ Cares Holiday Vote’ charitable program commencing on Giving Tuesday, November 28, 2023, running through Friday, December 8, 2023. The LKQ Community Foundation is committing to donate a total of $1 million to the following philanthropic organizations: American Cancer SocietyBEN Support for LifeChildren’s Miracle Network HospitalsCollision Repair Education FoundationEnvironmental Defense FundMake-A-WishSk...
LKQ Corporation Announces Executive Leadership Succession Plan
LKQ Corporation Announces Executive Leadership Succession Plan CHICAGO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that Dominick Zarcone, the Company’s current President and Chief Executive Officer, has informed the Company’s Board of Directors (the “Board”) of his intention to retire from his role effective June 30, 2024. The Board has unanimously selected Justin Jude, the Company’s current Senior Vice President and President of its Wholesale – North America segment, to succeed Mr. Zarcone as LKQ’s next President and CEO. In the interim, the Board has...
LKQ Corporation Announces Results For Third Quarter 2023
LKQ Corporation Announces Results For Third Quarter 2023 Revenue of $3.6 billion (a 15% increase compared to the same period in 2022); parts and services organic revenue increased 3.0% (4.3% on a per day basis)Diluted EPS2 of $0.77; adjusted diluted EPS1,2 of $0.86Third quarter operating cash flow of $441 million; free cash flow1 of $344 millionIncreased dividend by 9%; $0.30 per share approved to be paid in the fourth quarter of 2023Completed Uni-Select Inc. acquisition on August 1, 2023Completed divestiture of GSF Car Parts Limited on October 25, 2023Europe Segment EBITDA margins impacted...
LKQ Corporation Announces Increase to its Quarterly Dividend
LKQ Corporation Announces Increase to its Quarterly Dividend CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on November 30, 2023, to stockholders of record at the close of business on November 16, 2023. This reflects a 9% increase over the prior quarterly dividend of $0.275 and is the Company’s second consecutive year of increased cash dividends paid to stockholders since its inaugural cash dividend paid on December 21, 2021. Domini...
LKQ Corporation Completes Divestiture of GSF Car Parts to Epiris
LKQ Corporation Completes Divestiture of GSF Car Parts to Epiris CHICAGO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that it has sold GSF Car Parts (“GSF”) to Epiris Fund III (“Epiris”), a private equity fund based in the United Kingdom. The divestiture fulfills LKQ’s undertaking to the UK’s Competition and Markets Authority to sell the GSF business in connection with LKQ’s acquisition of Uni-Select Inc. Rick Galloway, Senior Vice President and Chief Financial Officer, commented, “The proceeds from the sale of GSF will be utilized to reduce our total d...
LKQ Corporation Announces Extension of Exchange Offer
LKQ Corporation Announces Extension of Exchange Offer CHICAGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) announced today that it has extended the expiration date for its offer to exchange any and all of its outstanding $800 million aggregate principal amount of 5.75% senior notes due 2028 (the “2028 original notes”) and $600 million aggregate principal amount of 6.25% senior notes due 2033 (the “2033 original notes”) for equal principal amounts of new issues of each series of such notes registered under the United States Securities Act of 1933. The exchange offer, w...
LKQ Corporation to Release Third Quarter 2023 Results on Thursday, Oct...
LKQ Corporation to Release Third Quarter 2023 Results on Thursday, October 26, 2023 CHICAGO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its third quarter 2023 financial results on Thursday, October 26, 2023. Conference Call Details LKQ will host a conference call and webcast on October 26, 2023 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (888) 330-3494. International access to the call may be obtained by dialing (646) 960-0860. ...
LKQ Corporation Completes Acquisition of Uni-Select Inc.
LKQ Corporation Completes Acquisition of Uni-Select Inc. CHICAGO and BOUCHERVILLE, Quebec, Aug. 01, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ”) and Uni-Select Inc. (TSX: UNS) (“Uni-Select”) today announced the completion of the previously-announced acquisition of Uni-Select by 9485-4692 Québec Inc. (the “Purchaser”), a wholly-owned subsidiary of LKQ by way of a plan of arrangement (the “Arrangement”) under the provisions of the Business Corporations Act (Québec). Under the terms of the Arrangement, the Purchaser has acquired all of the issued and outstanding shares of U...
LKQ Corporation Announces Results for Second Quarter 2023
LKQ Corporation Announces Results for Second Quarter 2023 Revenue of $3.4 billion; parts and services organic revenue increased 4.8% (5.4% on a per day basis)Diluted EPS2 of $1.05; adjusted diluted EPS1,2 of $1.09Second quarter operating cash flow of $480 million; free cash flow1 of $414 millionDividend of $0.275 per share approved to be paid in the third quarter of 2023Completed an offering of $1.4 billion of senior unsecured notesUni-Select Inc. acquisition on track to close on or around August 1, 2023 CHICAGO, July 27, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today report...
LKQ Corporation to Release Second Quarter 2023 Results on Thursday, Ju...
LKQ Corporation to Release Second Quarter 2023 Results on Thursday, July 27, 2023 CHICAGO, June 28, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2023 financial results on Thursday, July 27, 2023. Conference Call Details LKQ will host a conference call and webcast on July 27, 2023 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (888) 330-3494. International access to the call may be obtained by dialing (646) 960-0860. The inv...
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