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 […]
LKQ Corporation Announces Two Leadership Appointments
Following last week’s announcement by LKQ Corporation (NASDAQ: LKQ) 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 until he officially succeeds Dominick Zarcone as President and Chief Executive […]
3rd Annual LKQ Cares Holiday Vote Charitable Program Opens
LKQ Corporation announced its 3rd annual LKQ Cares Holiday Vote charitable program commenced today on Giving Tuesday and will run through Friday, December 8. The LKQ Community Foundation is committing to donate a total of $1 million to the following philanthropic organizations: American Cancer Society BEN Support for Life Children’s Miracle Network Hospitals Collision Repair […]
Justin Jude to Succeed Dominick Zarcone as LKQ President and CEO Next Year
Company announces executive leadership succession plan. LKQ Corporation (NASDAQ: LKQ) today announced that Dominick Zarcone, current President and Chief Executive Officer, has informed the Company’s Board of Directors 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 […]
LKQ Partners with the International Rescue Committee
LKQ Corporation (NASDAQ:LKQ) announced it is strengthening its commitment to people and the planet by partnering with the International Rescue Committee (IRC), a global non-profit organization that helps people affected by humanitarian crises – including the climate crisis. This partnership exemplifies LKQ’s unwavering commitment to the power of compassion and humanity, and standing with those […]
Elitek Vehicle Services Announces First Phase of Integration with CCC ONE
Elitek Vehicle Services, an LKQ company, is joining the CCC Diagnostics Network (CCC) to include the reporting automation of remote diagnostic services. With this integration, customers will be able to view their scan reports and invoices directly in the CCC ONE work file, allowing the shop to save time and effort while standardizing the documentation […]
LKQ Reports Revenue of $3.6 Billion for Third Quarter 2023
LKQ Corporation (NASDAQ:LKQ) today reported revenue for the third quarter of 2023 was $3.6 billion, an increase of 15.0% compared to $3.1 billion for the third quarter of 2022. Parts and services organic revenue increased 3.0% during the quarter and 4.3% on a per day basis. Foreign exchange rates increased revenue by 3.6% and the […]
LKQ Completes Divestiture of GSF Car Parts to Epiris
LKQ Corporation (NASDAQ:LKQ) today announced that it has sold GSF Car Parts to Epiris Fund III, 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. that was completed August 1. […]
LKQ’s Ian Musselman Appointed to CAWA’s Board of Directors
Ian Musselman of the LKQ Corporation has been appointed to CAWA’s Board of Directors. During the appointment process, Young Suhr Jr., Chair of the Board of Directors, commented, “I am pleased to announce that Ian is joining the CAWA Board of Directors. He is a welcomed addition to our leadership with his experience and government […]
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