$LKQ

LKQ CORP

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No SEC Form 4 filings for $LKQ in the last 30 days.

See all $LKQ insider activity →
High

Why is LKQ stock crashing today?

LKQ stock fell 13.0% in pre-market trading after reporting preliminary Q3 2026 results showing revenue of $3.32B (down from $3.50B) and a net loss of $16M-$32M (vs. $178M profit). The company withdrew annual guidance and announced leadership changes, including a new CEO. Institutional investor Cooke & Bieler reduced its stake by 28.2%. The stock was already near its 52-week low before the news.

LKQ names new CEO, withdraws 2026 guidance amid Europe woes

LKQ Corporation (LKQ) named Salvatore A. Abbate as CEO starting December 15, 2026, and withdrew its 2026 guidance due to European underperformance. Q3 revenue fell to $3.32B, with a net loss expected between $16M and $32M. European operations saw a 9.8% revenue decline and lower EBITDA margins. Justin Jude and Andy Hamilton departed their roles. LKQ will report full Q3 results on October 29, 2026.

LKQ sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 9 news stories mentioning LKQ (LKQ CORP). Coverage has skewed bearish: 1 bullish, 2 neutral, and 6 bearish.

Recent LKQ coverage spans market movers, earnings and financial news.

What's driving LKQ

AlphAI scores every news story that mentions LKQ with an AI model for sentiment and relevance, and aggregates insider trades from LKQ CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $LKQ

Score
$LKQHighAI 8/10

Why is LKQ stock crashing today?

LKQ stock fell 13.0% in pre-market trading after reporting preliminary Q3 2026 results showing revenue of $3.32B (down from $3.50B) and a net loss of $16M-$32M (vs. $178M profit). The company withdrew annual guidance and announced leadership changes, including a new CEO. Institutional investor Cooke & Bieler reduced its stake by 28.2%. The stock was already near its 52-week low before the news.

$LKQHighAI 8/10

LKQ names new CEO, withdraws 2026 guidance amid Europe woes

LKQ Corporation (LKQ) named Salvatore A. Abbate as CEO starting December 15, 2026, and withdrew its 2026 guidance due to European underperformance. Q3 revenue fell to $3.32B, with a net loss expected between $16M and $32M. European operations saw a 9.8% revenue decline and lower EBITDA margins. Justin Jude and Andy Hamilton departed their roles. LKQ will report full Q3 results on October 29, 2026.

$LKQMed

LKQ Corporation Announces Preliminary Third Quarter 2026 Results and Leadership and Operational Actions

LKQ CORP (LKQ) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 LKQ Corporation Announces Preliminary Third Quarter 2026 Results and Leadership and Operational Actions Salvatore A. Abbate appointed President and Chief Executive Officer Third quarter results reflect significant underperformance in Europe Alvarez & Marsal retained

$LKQMed

LKQ names Salvatore Abbate as new CEO effective Dec. 15

LKQ Corporation (LKQ) named Salvatore A. Abbate as its new CEO, effective December 15, 2026. He succeeds Justin Jude, who departed the company. Abbate previously led Veritiv Corporation and served on ArcBest's board. LKQ's board praised his leadership and operational skills. LKQ provides auto parts for repair in North America, Europe, and Taiwan.

$LKQLow

LKQ’s Stock Slid As Europe’s ERP Rollout Hit Results

LKQ's stock has fallen 26.5% year-over-year due to weaker European performance and ERP rollout issues. The company's growth depends on market share gains, cost cuts, and acquisitions. Analysts note execution risks and cyclical demand sensitivity. LKQ trades at a discount, with sentiment negative post-guidance reset. Q3 results are due Oct 29, 2026.

Winners And Losers Of Q2: Service International (NYSE:SCI) Vs The Rest Of The Consumer Discretionary - Specialized Consumer Services Stocks

Service International (NYSE:SCI) reported Q2 revenue of $1.10B, up 3.6% YoY, beating estimates by 1.8%. Despite a strong quarter, its stock fell 9.7%. H&R Block (NYSE:HRB) also beat estimates, but its stock dropped 8.4%. Matthews (NASDAQ:MATW) missed estimates, with revenue down 29.6% YoY, and its stock fell 29.8%. The consumer discretionary sector saw average revenue growth of 0.3% YoY, with stocks down 13.8% since earnings reports.

Fitch revises LKQ outlook to stable on sluggish claims volume and share buybacks

Fitch revised LKQ Corporation's outlook to stable from positive, affirming its 'BBB-' rating. The change reflects slower deleveraging due to lower collision claims and share buybacks. LKQ's revenue declined 3.4% in H1 2026, with EBITDA margins dropping to 10.7%. Leverage increased to 3.0x in Q2 2026. Fitch expects leverage to fall to 2.8x by year-end 2026 and 2.5x by 2028, trailing management's 2.0x target. LKQ's North American segment showed resilience with 0.5% organic growth in Q2.

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