LKQ CORP reported second-quarter 2026 results showing revenue of $3.41B and diluted EPS of $0.53, with revenue down modestly and net income falling to $136M from $193M a year earlier.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$3.41B$3.51B(3%) | Net income²$136M$193M(29.5%) | Diluted EPS³$0.53$0.75(29.3%) |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Parts & services revenue was modestly lower overall; the specialty segment grew while Europe declined driven by lower volumes.
- Europe sales were pressured by ERP rollout disruptions in Germany and increased competition, leading to a sharp organic sales decline.
- Specialty strength was led by marine, RV and automotive product lines, supporting parts revenue growth in those areas.
- Management continued an ERP rollout across Europe, completed Germany, and pursued strategic restructuring to simplify the portfolio.
- Portfolio moves included the sale of the Self Service business and a board review of strategic alternatives, including a potential Specialty sale to sharpen focus.
Original SEC Filing:
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