LKQ Corporation reported second quarter 2026 revenue of $3.4 billion, a 3.0% decrease year-over-year, with diluted EPS falling to $0.52 from $0.72. The company lowered its full-year 2026 adjusted diluted EPS outlook to $2.60–$2.90 and organic revenue growth guidance to (3.0)%–(1.0)%, citing slower-than-expected recovery in Europe following a German ERP implementation. Management announced an active strategic review of alternatives, including a potential sale of the Specialty segment or the entire company. The Board declared a quarterly cash dividend of $0.30 per share, payable September 3, 2026 to record holders on August 20, 2026. LKQ Corporation is a leading provider of alternative and specialty parts for vehicle repair and accessorizing.

LKQ Corporation has released its first quarter 2026 financial results and its financial outlook for the full year 2026. This announcement is critical for investors as it provides the company's latest quarterly performance data and updated guidance for the remainder of the fiscal year.

LKQ Corporation has commenced a process to explore the potential sale of its Specialty segment. This strategic review could lead to a significant shift in the company's business composition and impact its long-term capital allocation strategy.