$LKQ

AutoZone (NYSE:AZO) and O'Reilly Automotive (NASDAQ:ORLY) report strong commercial sales growth as consumers keep older cars. LKQ (NASDAQ:LKQ) faces revenue loss due to ERP rollout. Genuine Parts (NYSE:GPC) raises dividend, plans business split. AutoZone and O'Reilly focus on professional repair services, while LKQ adjusts to operational challenges.

Nio and its Firefly brand will partner with Moobi, LKQ's EV workshop network, to expand service coverage in the Netherlands starting October 1. Moobi has over 300 workshops, but neither company disclosed financial terms or the number of workshops involved. Nio registered 51 vehicles in the Netherlands in 2026, down 47.4% from the previous year, with Firefly accounting for 84.3% of those registrations.

Americans are keeping cars longer, benefiting auto parts stocks. Genuine Parts (GPC) yields 3.13%, with a strong dividend record and plans to split into two companies. LKQ (LKQ) offers a 5.05% yield and is under strategic review. Gentex (GNTX) has a 2.13% yield, a clean balance sheet, and aggressive buybacks. All three companies are positioned to benefit from increased repair demand.

Simply Wall St reports LKQ Corp. (LKQ) posted Q2 2026 sales of $3,408 million and net income of $136 million year over year. The article says LKQ cut full-year 2026 earnings guidance to net income of $453 million to $529 million and diluted EPS of $1.78 to $2.08, citing slower Europe recovery and tariff impacts, while declaring a $0.30 quarterly dividend and noting $2.99 billion of buybacks since 2018.

Capricor Therapeutics (CAPR) fell 36% to a 52-week low after an FDA advisory committee voted 9-3 against recommending Deramiocel approval, citing clinical evidence concerns. JonesResearch downgraded CAPR to Hold. LKQ dropped 14% to a six-year low after Q2 revenue and EPS missed estimates and guidance was cut. Paramount Skydance (PSKY) slid 2% on ongoing legal issues around its Warner Bros. Discovery deal.

LKQ’s Q2 2026 earnings call focused on analyst questions after a negative market reaction. CEO Justin Jude attributed Europe disruption to Germany’s new ERP rollout, citing service issues and revenue loss, while North America achieved positive organic growth for the first time in nine quarters. CFO Rick Galloway said no further ERP conversions are planned this year and noted a 40% tariff reduction on Taiwanese imports.

LKQ (Nasdaq: LKQ) shares fell about 0.7% to $22.45 after earnings. Adjusted EPS was $0.67 for the quarter. The company cut full-year adjusted earnings guidance to $2.60 to $2.90 and trimmed free cash flow outlook. Q2 revenue was $3,408m, down ~2.6% year over year.

Thursday, July 30, 2026 at 8:00 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer - Justin Jude Senior Vice President and Chief Financial Officer - Rick Galloway Vice President of Investor Relations - Joseph Boutross TAKEAWAYS Revenue -- $3.4 billion, a decrease from $3.5 billion in the prior year period. Adjusted Diluted EPS -- $0.67, compared to $0.84 last year, reflecting lower profitability in Europe.

ANTIOCH, Tenn. (AP) — ANTIOCH, Tenn. (AP) — LKQ Corp. (LKQ) on Thursday reported second-quarter net income of $136 million. The Antioch, Tennessee-based company said it had profit of 53 cents per share. Earnings, adjusted for one-time gains and costs, were 67 cents per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

LKQ Corporation reported Q2 2026 revenue of $3.41B, down 3% year over year. Net income fell to $136M and EPS was $0.53. The company cited operational challenges in Europe, with modest growth in North America and Specialty but lower margins. It said liquidity is strong and the board is reviewing strategic alternatives.