LKQ Publishes Third-Quarter 2026 Earnings Presentation
Bitget2026/10/29 11:27- LKQ withdrew full-year 2026 guidance, suspending its strategic review, including the Specialty sale process.
- Third-quarter revenue fell 5.1% to $3.32 billion.
- Adjusted diluted earnings per share dropped 40.5% to $0.50, reflecting underperformance in Europe.
- European organic revenue declined 9.8%, with segment EBITDA margin at 4.6%.
- Salvatore Abbate will become president and CEO effective December 15, 2026, with interim leadership overseeing operations until then.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple plans to further reduce employees' AI usage limits

Intel's decline narrows, CEO spends nearly 10 million dollars to increase stock holdings
Intel disclosed that CEO Pat Gelsinger purchased 150,000 shares of Intel common stock on the open market on November 2nd, at a weighted average price of $64.7312 per share, with a transaction amount of approximately $9.71 million. The purchase was made through a family trust, and after the transaction, the trust's Intel holdings increased to 1.4647 million shares, up around 11.4% from before the transaction. Following the announcement, Intel’s share price briefly rallied, narrowing its decline to 1.2% before retreating again.
