LKQ Corporation announced its 2nd annual LKQ Cares Holiday Vote charitable program commenced today on Giving Tuesday and will run through Monday, December 5. LKQ has doubled its contribution from last year, committing to donate a total of $1 million to the following philanthropic organizations including: American Cancer Society ASE Education Foundation Children’s Miracle Network […]
LKQ Corporation Reports Revenue of $3.1 Billion in Third Quarter
LKQ Corporation (NASDAQ:LKQ) today reported Revenue for the third quarter of 2022 was $3.1 billion, a decrease of 5.9% as compared to $3.3 billion in the third quarter of 2021. On a constant currency basis1, third quarter revenue grew by 1.0% to $3.3 billion. Parts and services organic revenue increased 4.8% on a reported basis […]
LKQ Partners with SOCi to Improves Customer Engagement, Streamlines Digital Presence in North America
SOCi Inc. and LKQ Corporation’s North American organization announced today that the alternative auto parts provider has chosen SOCi as its localized marketing platform of record to manage the company’s online listings and customer reviews. Through the platform, the value-added sustainable distributor of vehicle parts and accessories is now able to efficiently engage with its […]
LKQ Corporation Announces Leadership Appointments
CEO and Managing Director of LKQ Europe named along with new Senior VP and CFO. LKQ Corporation (NASDAQ:LKQ) today announced the Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe and Rick Galloway, Chief Financial Officer of LKQ’s Wholesale – North America […]
o9 Solutions and Supply Chain Insights Announce LKQ Selection by Project Zebra to Test Outside-In Supply Chain Planning Processes
o9 Solutions, an enterprise AI software platform provider for transforming planning and decision making, and research firm Supply Chain Insights jointly announced that LKQ Europe was selected to participate in a pilot program to test outside-in planning concepts by Project Zebra, an open-source think tank driving supply chain improvement. Project Zebra was co-founded by o9 […]
LKQ Reports Revenue of $3.3 Billion in Second Quarter
Wholesale North America organic revenue for parts and services was 10.7% Overall parts and services organic revenue growth was 3.8% overall and 4.2% on a per day basis. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the second quarter of 2022 was $3.3 billion, a decrease of 2.7% as compared to $3.4 billion in the second […]
LKQ Releases 2021 Sustainability Report
Unveils its new brand identity. LKQ Corporation (NASDAQ:LKQ) released its 2021 Sustainability Report and unveiled its new brand identity, reflecting the Company’s transformation from a salvage dismantler and recycler to a leading global value-added and sustainable distributor of vehicle parts, accessories, and services. LKQ’s 2021 Sustainability Report, highlights key environmental, social, and governance (ESG) accomplishments. […]
LKQ Corporation Reports Revenue of $3.3 Billion in First Quarter
LKQ Corporation (NASDAQ:LKQ) today reported revenue for the first quarter of 2022 was $3.3 billion, an increase of 5.6% as compared to $3.2 billion in the first quarter of 2021. Parts and services organic revenue increased 6.9% (5.6% on a per day basis), while the net impact of acquisitions and divestitures increased revenue by 1.7% […]
LKQ Corporation Completes Sale of PGW Auto Glass Business to One Equity Partners
Sale price was $362 million. LKQ Corporation (NASDAQ:LKQ) announced that it has completed its previously announced agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to One Equity Partners. The sale price was $362 million, subject to customary post-closing purchase price adjustments. LKQ will report the financial […]
LKQ Debt Rated Investment Grade
LKQ Corporation (NASDAQ:LKQ) today announced that S&P Global Ratings raised the Company’s issuer credit rating to an investment grade rating of BBB- from BB+. Additionally, S&P raised the Company’s issuer-level rating on its unsecured debt to BBB- from BB+. S&P’s rating outlook for LKQ Corporation is stable. “Achieving investment grade status with S&P is further […]
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