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 […]
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 […]
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