LKQ — LKQ Corporation - Common Stock
Session close: $17.42. Regular-session share volume: 21,844,789. Change from previous close: -22.47%.
Key developments
LKQ fell during the session after preliminary, unaudited quarterly results showed revenue and adjusted earnings below expectations and an expected net loss including impairment charges. The company attributed Europe's shortfall to systems-related disruptions in Germany and lower volumes in the United Kingdom and Benelux. It withdrew full-year guidance, citing European performance and the upcoming chief executive transition.
LKQ Tumbles after Europe Slump Hits Earnings, Forces Leadership Shakeup · LKQ Corporation Announces Preliminary Q3 2026 Results, Leadership Changes, and Withdrawal of Full-Year Guidance
Salvatore Abbate will succeed departing chief executive Justin Jude, with board members providing interim leadership. The European business leader is also leaving, and Alvarez & Marsal will advise on service, operational stability and cost discipline. North America met company expectations despite softer conditions. These company-specific developments accompanied broader market weakness; full quarterly results remain pending.
Crude Oil Surges 4%; SLB Shares Jump Following Upbeat Q3 Earnings · LKQ Tumbles after Europe Slump Hits Earnings, Forces Leadership Shakeup · LKQ Corporation Announces Preliminary Q3 2026 Results, Leadership Changes, and Withdrawal of Full-Year Guidance · LKQ Corporation Appoints Salvatore A. Abbate as President and Chief Executive Officer
News sources
Company news LKQ Tumbles after Europe Slump Hits Earnings, Forces Leadership Shakeup · Company news LKQ Corporation Announces Preliminary Q3 2026 Results, Leadership Changes, and Withdrawal of Full-Year Guidance · Company news LKQ stock tumbles 10% on weak Q3 results, CEO departure · Company news LKQ Reports Preliminary Q3 Adjusted EPS Of $0.47-$0.53 And Sales Of $3.32B; Results Primarily Reflect Underperformance In Europe; Withdraws FY26 Guidance; Appoints Interim Co-CEOs And Salvatore A. Abbate As Future President And CEO, Effective December 15, Replacing Justin Jude, Who Steps Down Immediate · Company news LKQ Corporation Announces Preliminary Third Quarter 2026 Results and Leadership and Operational Actions · Company news LKQ Corporation Appoints Salvatore A. Abbate as President and Chief Executive Officer