LKQ Corporation remains a hold as North America shows organic growth, but European operations are hampered by ERP disruptions and lost wallet share. Q2 revenue declined 6% year-over-year to $3.4B, with consolidated EBITDA margin down 160 bps to 10.2% and adj. EPS falling to $0.67. North America achieved its first positive organic growth in nine quarters, driven by increased alternative parts adoption and stable aftermarket demand.
LKQ misses Q2 earnings and revenue estimates as Europe's ERP rollout disrupts Germany, prompting lower 2026 guidance despite growth in North America.
LKQ Corporation (LKQ) Q2 2026 Earnings Call Transcript
| Automobile Components Industry | Consumer Discretionary Sector | Mr. Justin L. Jude CEO | LSE Exchange | 501889208 CUSIP |
| BR Country | 44,000 Employees | 21 May 2026 Last Dividend | 19 Sep 2012 Last Split | 3 Oct 2003 IPO Date |
LKQ Corporation, established in 1998 and headquartered in Chicago, Illinois, stands as a prominent distributor in the vehicle repair and maintenance parts industry. The corporation operates through four main segments: Wholesale-North America, Europe, Specialty, and Self Service. Its vast geographical footprint spans the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ's extensive product line caters to collision and mechanical repair shops, new and used car dealerships, as well as retail customers, making it a vital player for a wide range of automotive needs.