Result is a nearly 8% increase compared to the second quarter last year on impact of acquisitions and divestitures. LKQ Corporation (NASDAQ: LKQ) today reported revenue for the second quarter of 2024 was $3.7 billion, an increase of 7.6% compared to $3.4 billion for the second quarter of 2023. For the second quarter of 2024, […]
Andrew Clarke Appointed to LKQ Board of Directors
LKQ Corporation (Nasdaq: LKQ) announced the appointment of Andrew Clarke to the Company’s Board of Directors as a new independent director, effective July 22. With the addition of Mr. Clarke, the LKQ Board will consist of ten members, eight of whom are independent. Clarke brings significant logistics, transportation, operations, and financial expertise, having most recently […]
LKQ Reaches New Two-Year Collective Bargaining Agreement in Germany
LKQ Corporation (Nasdaq: LKQ) announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ’s Sulzbach-Rosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement […]
LKQ Corporation Announces LKQ Refinish Division
LKQ Corporation (NASDAQ: LKQ) announced the merging of the LKQ PBE and FinishMaster businesses under one umbrella now called LKQ Refinish. The LKQ Refinish division is a distribution leader in the US automotive and commercial industries, servicing over 40,000 customers within North America. Over the years, the LKQ Refinish division has expanded through acquisitions of […]
LKQ Expands SMART Brand Assortment of Body Fillers, Putties & Glazes
LKQ Corporation (NASDAQ: LKQ) announced the expanded footprint of Smart Advanced fillers, putties, and glazes now available at participating LKQ locations. Every technician prefers different attributes from their body filler of choice including performance, finish, and properties. This is why there are 4 different levels of quality, performance, and build capabilities. No matter the technician’s […]
LKQ Releases Global Sustainability Report
LKQ Corporation (Nasdaq: LKQ) today announced the release of its 2023 Global Sustainability Report. The Report describes LKQ’s role in driving sustainable success for its customers, employees, the communities in which they operate and the global circular economy. Additionally, the report includes an enhanced and robust sustainability strategy, demonstrating LKQ’s approach to managing sustainability risks […]
Federal Appeals Court Rules in Favor of LKQ in Design Patent Case Against GM
In a precedential decision, the full court overturned a common test for determining obviousness of a design patent. Yesterday, the U.S. Court of Appeals for the Federal Circuit (CAFC) ruled in favor of an appeal by LKQ Corporation in a case over a design patent held by General Motors (GM) on a 2018-1022 Chevrolet Equinox […]
LKQ Corporation to Sell Elit Polska in Poland to MEKO AB
LKQ Corporation (Nasdaq: LKQ) announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit […]
LKQ Reports Revenue of $3.7 Billion in First Quarter
Overall revenue up 11%, but organic revenue was lower as record warm weather in U.S. negatively impacted repairable claims volume. LKQ Corporation (NASDAQ: LKQ) today reported revenue for the first quarter of 2024 was $3.7 billion, an increase of 10.6% compared to $3.3 billion for the first quarter of 2023. For the first quarter of […]
LKQ Reports Revenue of $3.5 Billion in Fourth Quarter
Quarterly revenue up over 16% and full year revenue up more than 8% compared to 2022. LKQ Corporation (NASDAQ:LKQ) today reported fourth quarter revenue of $3.5 billion, a 16.6% increase compared to $3.0 billion for the same period of 2022. Annual revenue was $13.9 billion, an 8.4% increase compared to $12.8 billion for the full […]
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