LKQ Corporation stock: Q3 loss prompts guidance withdrawal
Published on 10/30/2026 at 02:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly results reshape LKQ outlook
- LKQ withdrew its full-year 2026 guidance after operational problems weighed on Europe.
- The board suspended the strategic review, including the Specialty segment sales process.
- Salvatore A. Abbate is scheduled to become president and chief executive officer on December 15, 2026.
LKQ Corporation reported weaker third-quarter results on October 29, 2026, as pressure in Europe and operational issues linked to a German ERP implementation weighed on performance. The company disclosed the figures in a LKQ Corporation release published by GlobeNewswire.
Europe remained the main pressure point
Revenue for the quarter ended September 30 was 3.3 billion US dollars, down 5.1 percent from the prior-year period. Net loss attributable to LKQ stockholders was 24 million US dollars from continuing operations, compared with income of 178 million US dollars a year earlier. Diluted loss per share was 0.09 US dollars, versus earnings of 0.69 US dollars.
On an adjusted basis, diluted earnings per share fell to 0.50 US dollars from 0.84 US dollars. LKQ said its Europe segment was affected by operational issues related to the ERP implementation in Germany and volume declines in the United Kingdom and Benelux. Europe revenue decreased 10.2 percent to 1.451 billion US dollars, while Europe segment EBITDA fell to 68 million US dollars, representing a 4.6 percent margin.
Guidance and strategic review suspended
LKQ withdrew its full-year 2026 guidance, which had most recently been updated on July 30. The board also suspended its strategic review, including the Specialty segment sales process, to give the incoming leadership team time to assess the business and possible value-creation paths.
Salvatore A. Abbate is scheduled to become president and chief executive officer on December 15, 2026. The company said operating cash flow was 411 million US dollars and free cash flow was 372 million US dollars in the quarter.
At 23:00 Berlin time on October 29, the Lang & Schwarz quote stood at 16.10 euros, down 0.25 percent from the indicated previous close of 16.14 euros. This market-data comparison is separate from the company's reported operating performance.
You can find the real-time quote of LKQ Corporation stock on our snapshot page.
LKQ Corporation stock at a glance
- Company: LKQ Corporation
- ISIN: US5018892084
- Ticker: LKQ
- Exchange: Nasdaq
- Lang & Schwarz quote: 16.10 euros on October 29, 2026 at 23:00 Berlin time
- Change versus indicated previous close: minus 0.25 percent
LKQ operates in the United States, making the S&P 500 a relevant broad-market reference for investors.
For more company-specific developments, see More news and analyses on LKQ Corporation stock.
