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LKQ Corporation (LKQ) Q2 2026 Earnings Call Transcript

LKQ (LKQ - Free Report) reported $3.41 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 6.4%. EPS of $0.67 for the same period compares to $0.87 a year ago.

The reported revenue represents a surprise of -2.68% over the Zacks Consensus Estimate of $3.5 billion. With the consensus EPS estimate being $0.73, the EPS surprise was -8.22%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how LKQ performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue - Organic - YoY change: -4.4% compared to the -0.9% average estimate based on two analysts.Organic Growth - Parts and services - Wholesale - North America: 0.5% versus the two-analyst average estimate of -0.3%.Organic Growth - Other: 20.7% versus the two-analyst average estimate of 19.2%.Organic Growth - Parts and services - Specialty: 4.5% versus the two-analyst average estimate of 3.7%.Revenue- Other- Total: $103 million versus $112.39 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -37.6% change.Revenue- Parts and Services- Europe: $1.45 billion compared to the $1.56 billion average estimate based on three analysts. The reported number represents a change of -9.6% year over year.Revenue- Parts and Services: $3.31 billion versus the three-analyst average estimate of $3.39 billion. The reported number represents a year-over-year change of -5%.Revenue- Parts and Services- Specialty: $487 million versus the three-analyst average estimate of $475.4 million. The reported number represents a year-over-year change of +5%.Revenue- Parts and Services- Wholesale- North America: $1.37 billion versus $1.36 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.Revenue- Specialty: $488 million compared to the $476.61 million average estimate based on two analysts. The reported number represents a change of +5% year over year.Revenue- Europe: $1.46 billion compared to the $1.56 billion average estimate based on two analysts. The reported number represents a change of -9.5% year over year.Revenue- Wholesale- North America: $1.47 billion versus the two-analyst average estimate of $1.45 billion. The reported number represents a year-over-year change of +1.7%.View all Key Company Metrics for LKQ here>>>

Shares of LKQ have returned +0.9% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

ANTIOCH, Tenn., July 30, 2026 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today reported second quarter 2026 financial results and provided an updated outlook for 2026.

"Our second‑quarter performance reflected solid execution across our North America and Specialty segments. North America returned to positive organic growth for the first time in nine quarters, driven by record alternative-parts utilization of over 40%, moderating insurance premiums that were negative in May and June, and continued sequential improvement in repairable claims. Specialty also delivered growth despite a challenging end‑market environment and continued macro‑economic pressure on consumers. Europe fell short of expectations, with results affected by the ERP implementation in Germany. Outside of the ERP impact, the team delivered substantial cost reductions that largely offset the lower volumes we witnessed in the UK and Benelux regions. Overall, the fundamentals of our business are improving, and as market conditions continue to recover, we expect those operational gains to translate into stronger financial performance and profitability in the quarters ahead," commented Justin Jude, President and Chief Executive Officer.

Second Quarter 2026 Financial and Operating Results

Revenue for the second quarter of 2026 was $3.4 billion, a decrease of 3.0% compared to $3.5 billion for the second quarter of 2025. Total parts and services revenue decreased 3.6%, which included a 5.1% decrease in parts and services organic revenue, a 1.0% increase from foreign exchange rates year over year, and the net impact of acquisitions and divestitures, which increased revenue by 0.5%.

Net income2 was $134 million compared to $185 million for the same period of 2025. Diluted earnings per share2 was $0.52 compared to $0.72 for the same period of 2025.

On an adjusted basis, net income1,2 was $170 million compared to $218 million for the same period of 2025. Adjusted diluted earnings per share1,2 was $0.67 compared to $0.84 for the same period of 2025.

Strategic Initiatives

In December 2025, the Company announced that it had commenced a process to explore a potential sale of its Specialty segment, and in January 2026, the Company announced that its Board of Directors had initiated a comprehensive review of strategic alternatives, including a sale of the Company, to enhance shareholder value. Our Specialty segment is currently being evaluated as part of the broader strategic review process initiated in January.

The strategic review process remains active, and the Company continues to engage with multiple parties. The review has no deadline or definitive timetable and there can be no assurance the review will result in any transaction or other strategic outcome. The Company will provide updates on the process as appropriate.

Cash Flow and Balance Sheet

Cash flow from operations3 and free cash flow1,3 were $111 million and $60 million, respectively, for the second quarter of 2026. Cash flow from operations3 and free cash flow1,3 were $55 million and negative $36 million, respectively, for the six months ended June 30, 2026. As of June 30, 2026, the balance sheet reflected total debt of $4.0 billion and total leverage, as defined in our credit facility, was 2.8x EBITDA.

Returning Capital to Shareholders

During the second quarter of 2026, the Company invested $52 million to repurchase 1.9 million shares of its common stock and distributed $77 million in cash dividends. For the six months ended June 30, 2026, the Company returned $207 million to its shareholders by investing $53 million to repurchase 1.9 million shares of its common stock and distributing $154 million in cash dividends. Since initiating the stock repurchase program in late October 2018, the Company has repurchased approximately 71 million shares of its common stock for a total of $3.0 billion through June 30, 2026. An aggregate balance of $1.5 billion remains for potential additional stock repurchases through October 25, 2026. On July 28, 2026, the Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock, payable on September 3, 2026, to stockholders of record at the close of business on August 20, 2026.

2026 Outlook

"Second-quarter results reflected improving trends in North America and resilient demand in Specialty, offset by a slower-than-expected recovery following the ERP implementation in Germany. North America remains on track against its full-year plan, and Specialty’s revenue performance has been consistent with our expectations. Our revised outlook reflects a more measured pace of recovery in Europe, while we maintain a disciplined focus on cost management, cash generation and capital allocation. The actions underway in Europe are focused on restoring service levels, aligning the cost structure with current demand and translating operational improvement into stronger financial performance," stated Rick Galloway, Senior Vice President and Chief Financial Officer.

For 2026, management updated the outlook as set forth below:

 2026 Previous Full Year Outlook2026 Updated Full Year OutlookOrganic revenue growth for parts and services(0.5%) to 1.5%(3.0%) to (1.0%)Diluted EPS2$2.16 to $2.46$1.78 to $2.08Adjusted diluted EPS1,2$2.90 to $3.20$2.60 to $2.90Operating cash flow3$900 to $1,100 million$825 to $1,025 millionFree cash flow1,3 $700 to $850 million$625 to $775 million
Our outlook for the full year 2026 is based on current conditions, recent trends and our expectations. Outlook includes estimated impacts from the U.S. and retaliatory tariffs in effect as of July 1, 2026 and assumes a global effective tax rate of 26.8% and foreign currency exchange rates near recent average levels, including $1.17, $1.35 and $0.72 for the euro, pound sterling and Canadian dollar, respectively, for the balance of the year. Changes in these conditions may impact our ability to achieve the estimates. Adjusted figures exclude (to the extent applicable) the impact of restructuring and transaction related expenses; amortization expense related to acquired intangibles; excess tax benefits and deficiencies from stock-based payments; losses on debt extinguishment; impairment charges; and gains and losses related to acquisitions or divestitures (including changes in the fair value of contingent consideration liabilities).

Non-GAAP Financial Measures

This release contains (and management’s presentation on the related investor conference call will refer to) non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission. Included with this release are reconciliations of each non-GAAP financial measure with the most directly comparable financial measure calculated in accordance with GAAP.

Conference Call Details

LKQ will host a conference call and webcast on July 30, 2026 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the conference call, please dial (833) 461-5787. International access to the call may be obtained by dialing (626) 884-3620. The conference call will require you to enter conference ID: 434311175.

Webcast and Presentation Details

The audio webcast and accompanying slide presentation can be accessed at (www.lkqcorp.com) in the Investor Relations section.

An online replay of the audio webcast will be available on the Company's website and can be accessed through the Investor Relations section, investor.lkqcorp.com under “Events”. Please allow approximately two hours after the live presentation before attempting to access the replay.

About LKQ Corporation

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Forward-Looking Statements

Statements and information in this press release and on the related conference call, including our outlook for 2026, as well as remarks by the Chief Executive Officer and other members of management, that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the “safe harbor” provisions of such Act.

Forward-looking statements include, but are not limited to, statements regarding our outlook, expectations, beliefs, hopes, intentions and strategies. These statements are subject to a number of risks, uncertainties, assumptions and other factors including those identified below. All forward-looking statements are based on information available to us at the time the statements are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

You should not place undue reliance on our forward-looking statements. Actual events or results may differ materially from those expressed or implied in the forward-looking statements. The risks, uncertainties, assumptions and other factors that could cause actual events or results to differ from the events or results predicted or implied by our forward-looking statements include the factors set forth below, and other factors discussed in our filings with the SEC, including those disclosed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2025 and in our subsequent Quarterly Reports on Form 10-Q. These reports are available at the Investor Relations section on our website (www.lkqcorp.com) and on the SEC's website (www.sec.gov).

These factors include the following (not necessarily in order of importance):

our operating results and financial condition have been and could continue to be adversely affected by the economic, political and social conditions in North America, Europe, Taiwan and other countries, as well as the economic health of vehicle owners and numbers and types of vehicles sold;we face competition from local, national, international, and internet-based vehicle products providers, and this competition could negatively affect our business;we rely upon insurance companies and our customers to promote the usage of alternative parts;intellectual property claims relating to aftermarket products could adversely affect our business;if the number of vehicles involved in accidents or being repaired declines, or the mix of the types of vehicles in the overall vehicle population changes, our business could suffer;fluctuations in the prices of commodities could adversely affect our financial results;an adverse change in our relationships with our suppliers, disruption to our supply of inventory, or the misconduct, performance failures or negligence of our third party vendors or service providers could increase our expenses, impede our ability to serve our customers, or expose us to liability;future public health emergencies could have a material adverse impact on our business, results of operations, financial condition and liquidity, the nature and extent of which is highly uncertain;if we determine that our goodwill or other intangible assets have become impaired, we may incur significant charges to our pretax income;we could be subject to product liability claims and involved in product recalls;we may not be able to successfully acquire businesses or integrate acquisitions, and we may not be able to successfully divest certain businesses;we have a substantial amount of indebtedness, which could have a material adverse effect on our financial condition and our ability to obtain financing in the future and to react to changes in our business;our senior notes do not impose any limitations on our ability to incur additional debt or protect against certain other types of transactions, and we may incur certain additional indebtedness under our credit agreement and CAD Note;each of our credit agreement and CAD Note imposes operating and financial restrictions on us and our subsidiaries, which may prevent us from capitalizing on business opportunities;we may not be able to generate sufficient cash to service all of our indebtedness, and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful;our future capital needs may require that we seek to refinance our debt or obtain additional debt or equity financing, events that could have a negative effect on our business;our variable rate indebtedness subjects us to interest rate risk, which could cause our indebtedness service obligations to increase significantly;repayment of our indebtedness is dependent on cash flow generated by our subsidiaries;a downgrade in our credit rating would impact us;the amount and frequency of our share repurchases and dividend payments may fluctuate;existing or new laws and regulations, or changes to enforcement or interpretation of existing laws or regulations, may prohibit, restrict or burden the sale of aftermarket, recycled, refurbished or remanufactured products;we are subject to environmental regulations and incur costs relating to environmental matters;if we fail to maintain proper and effective internal control over financial reporting in the future, our ability to produce accurate and timely financial statements could be negatively impacted, which could harm our operating results and investor perceptions of our company and as a result may have a material adverse effect on the value of our common stock;we may be adversely affected by legal, regulatory or market responses to global climate change;our amended and restated bylaws provide that the courts in the State of Delaware are the exclusive forums for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees;our effective tax rate could materially increase as a consequence of various factors, including U.S. and/or international tax legislation, applicable interpretations and administrative guidance, our mix of earnings by jurisdiction, and U.S. and foreign jurisdictional audits;if significant tariffs or other restrictions are placed on products or materials we import or any related counter-measures are taken by countries to which we export products, our revenue and results of operations may be materially harmed;governmental agencies may refuse to grant or renew our operating licenses and permits;the costs of complying with the requirements of laws pertaining to data privacy and cybersecurity of personal information and the potential liability associated with the failure to comply with such laws could materially adversely affect our business and results of operations;our employees are important to successfully manage our business and achieve our objectives;we operate in foreign jurisdictions, which exposes us to foreign exchange and other risks;our business may be adversely affected by union activities and labor and employment laws;we rely on information technology and communication systems in critical areas of our operations and a disruption relating to such technology and systems, including cybersecurity threats, could harm our business;business interruptions in our distribution centers or other facilities may affect our operations, the function of our computer systems, and/or the availability and distribution of merchandise, which may affect our business;if we experience problems with our fleet of trucks and other vehicles, our business could be harmed;we may lose the right to operate at key locations;activist investors could cause us to incur substantial costs, divert management’s attention, and have an adverse effect on our business; andwe cannot assure you that our previously announced review of strategic alternatives will result in any transaction being consummated or any particular outcome being achieved, and speculation and uncertainty regarding the outcome of this review may adversely impact our business. Contact:
Joseph P. Boutross - Vice President, Investor Relations
LKQ Corporation
(312) 621-2793
[email protected]

(1) Non-GAAP measure. See the table accompanying this release that reconciles the actual or forecasted U.S. GAAP measure to the actual or forecasted adjusted measure, which is non-GAAP.
(2) References in this release to Net income and Diluted earnings per share, and the corresponding adjusted figures, reflect amounts from continuing operations attributable to LKQ stockholders.
(3) Cash flow from operations and free cash flow include both continuing and discontinued operations.

LKQ CORPORATION AND SUBSIDIARIES
Unaudited Condensed Consolidated Statements of Income, with Supplementary Data
(In millions, except per share data)
   Three Months Ended June 30,  2026   2025        % of Revenue(1)   % of Revenue(1) $ Change % ChangeRevenue$3,408  100.0 % $3,513  100.0 % $(105) (3.0)%Cost of goods sold 2,087  61.2 %  2,157  61.4 %  (70) (3.3)%Gross margin 1,321  38.8 %  1,356  38.6 %  (35) (2.6)%Selling, general and administrative expenses 990  29.0 %  958  27.3 %  32  3.3%Restructuring and transaction related expenses 14  0.4 %  8  0.2 %  6  75.0%Depreciation and amortization 92  2.7 %  91  2.6 %  1  1.1%Operating income 225  6.6 %  299  8.5 %  (74) (24.7)%Other expense (income):            Interest expense 55  1.6 %  58  1.7 %  (3) (5.2)%Interest income and other income, net (10) (0.3)%  (11) (0.3)%  1  (9.1)%Total other expense, net 45  1.3 %  47  1.4 %  (2) (4.3)%Income from continuing operations before provision for income taxes 180  5.3 %  252  7.1 %  (72) (28.6)%Provision for income taxes 48  1.4 %  67  1.9 %  (19) (28.4)%Equity in (earnings) losses of unconsolidated subsidiaries (2) —%  (1) — %  (1) n/mIncome from continuing operations 134  3.9%  186  5.3 %  (52) (28.0)%Net income from discontinued operations 2  0.1 %  7  0.2 %  (5) (71.4)%Net income 136  4.0 %  193  5.5 %  (57) (29.5)%Less: net income attributable to continuing noncontrolling interest —  — %  1  — %  (1) n/mNet income attributable to LKQ stockholders$136  4.0 % $192  5.5 % $(56) (29.2)%            Basic earnings per share:           Income from continuing operations$0.52    $0.72    $(0.20) (27.8)%Net income from discontinued operations 0.01     0.03     (0.02) (66.7)%Net income 0.53     0.75     (0.22) (29.3)%Less: net income attributable to continuing noncontrolling interest —     —     —  — %Net income attributable to LKQ stockholders$0.53    $0.75    $(0.22) (29.3)%             Diluted earnings per share:            Income from continuing operations$0.52    $0.72    $(0.20) (27.8)%Net income from discontinued operations 0.01     0.03     (0.02) (66.7)%Net income 0.53     0.75     (0.22) (29.3)%Less: net income attributable to continuing noncontrolling interest —     —     —  —%Net income attributable to LKQ stockholders$0.53    $0.75    $(0.22) (29.3)%             Weighted average common shares outstanding:            Basic 254.6     258.1     (3.5) (1.4)%Diluted 254.7     258.3     (3.6) (1.4))%(1)The sum of the individual percentage of revenue components may not equal the total due to rounding. LKQ CORPORATION AND SUBSIDIARIES
Unaudited Condensed Consolidated Statements of Income, with Supplementary Data
(In millions, except per share data)
   Six Months Ended June 30,  2026   2025        % of Revenue(1)   % of Revenue(1) $ Change % ChangeRevenue$6,877  100.0 % $6,840  100.0 % $37  0.5 %Cost of goods sold 4,225  61.4 %  4,171  61.0 %  54  1.3 %Gross margin 2,652  38.6 %  2,669  39.0 %  (17) (0.6)%Selling, general and administrative expenses 1,984  28.9 %  1,907  27.9 %  77  4.0 %Restructuring and transaction related expenses 47  0.7 %  19  0.3 %  28  n/mDepreciation and amortization 179  2.6 %  177  2.6 %  2  1.1 %Operating income 442  6.4 %  566  8.3 %  (124) (21.9)%Other expense (income):            Interest expense 108  1.6 %  115  1.7 %  (7) (6.1)%Interest income and other income, net (13) (0.2)%  (21) (0.3)%  8  (38.1)%Total other expense, net 95  1.4 %  94  1.4 %  1  1.1 %Income from continuing operations before provision for income taxes 347  5.1 %  472  6.9 %  (125) (26.5)%Provision for income taxes 92  1.3 %  128  1.9 %  (36) (28.1)%Equity in losses (earnings) of unconsolidated subsidiaries 44  0.6 %  —  —%  44  n/mIncome from continuing operations 211  3.1 %  344  5.0 %  (133) (38.7)%Net income from discontinued operations 4  0.1 %  18  0.3 %  (14) (77.8)%Net income 215  3.1 %  362  5.3 %  (147) (40.6)%Less: net income attributable to continuing noncontrolling interest —  — %  1  — %  (1) n/mNet income attributable to LKQ stockholders$215  3.1 % $361  5.3 % $(146) (40.4)%             Basic earnings per share:            Income from continuing operations$0.82    $1.33    $(0.51) (38.3)%Net income from discontinued operations 0.02     0.07     (0.05) (71.4)%Net income 0.84     1.40     (0.56) (40.0)%Less: net income attributable to continuing noncontrolling interest —     —     —  — %Net income attributable to LKQ stockholders$0.84    $1.40    $(0.56) (40.0)%            Diluted earnings per share:           Income from continuing operations$0.82    $1.33    $(0.51) (38.3)%Net income from discontinued operations 0.02     0.07     (0.05) (71.4)%Net income 0.84     1.40     (0.56) (40.0)%Less: net income attributable to continuing noncontrolling interest —     —     —  — %Net income attributable to LKQ stockholders$0.84    $1.40    $(0.56) (40.0              Weighted average common shares outstanding:            Basic 255.0     258.6     (3.6) (1.4)%Diluted 255.3     258.9     (3.6) (1.4)%(1)The sum of the individual percentage of revenue components may not equal the total due to rounding. LKQ CORPORATION AND SUBSIDIARIES
Unaudited Condensed Consolidated Balance Sheets
(In millions, except per share data)
     June 30, 2026 December 31, 2025Assets   Current assets:   Cash and cash equivalents$301  $319 Receivables, net of allowance for credit losses 1,399   1,204 Inventories 3,284   3,426 Prepaid expenses and other current assets 367   299 Total current assets 5,351   5,248 Property, plant and equipment, net 1,417   1,452 Operating lease assets, net 1,310   1,332 Goodwill 5,369   5,414 Other intangibles, net 1,040   1,072 Equity method investments 124   170 Other noncurrent assets 418   449 Total assets$15,029  $15,137 Liabilities and Stockholders’ Equity   Current liabilities:   Accounts payable$1,791  $2,108 Accrued expenses:   Accrued payroll-related liabilities 192   190 Refund liability 127   122 Other accrued expenses 407   344 Current portion of operating lease liabilities 255   253 Current portion of long-term obligations 545   32 Other current liabilities 73   88 Total current liabilities 3,390   3,137 Long-term operating lease liabilities, excluding current portion 1,125   1,145 Long-term obligations, excluding current portion 3,388   3,631 Deferred income taxes 315   331 Other noncurrent liabilities 340   332 Commitments and contingencies   Stockholders’ equity:   Common stock, $0.01 par value, 1,000.0 shares authorized, 324.3 shares issued and 253.4 shares outstanding at June 30, 2026; 324.0 shares issued and 255.0 shares outstanding at December 31, 2025 3   3 Additional paid-in capital 1,593   1,581 Retained earnings 8,019   7,958 Accumulated other comprehensive loss (166)  (57)Treasury stock, at cost; 70.9 shares at June 30, 2026 and 69.0 shares at December 31, 2025 (3,002)  (2,948)Total Company stockholders’ equity 6,447   6,537 Noncontrolling interest 24   24 Total stockholders’ equity 6,471   6,561 Total liabilities and stockholders’ equity$15,029  $15,137  LKQ CORPORATION AND SUBSIDIARIES
Unaudited Condensed Consolidated Statements of Cash Flows
(In millions)
   Six Months Ended June 30,  2026   2025 CASH FLOWS FROM OPERATING ACTIVITIES(1):   Net income$215  $362 Adjustments to reconcile net income to net cash provided by operating activities:   Depreciation and amortization 202   205 Impairment on Mekonomen equity method investment 44   — Stock-based compensation expense 18   17 Other 13   (1)Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:   Receivables (270)  (226)Inventories 107   20 Other assets (58)  (14)Prepaid income taxes/income taxes payable (23)  32 Accounts payable (288)  (65)Other liabilities 91   (36)Operating lease assets and liabilities 4   (1)Net cash provided by operating activities 55   293 CASH FLOWS FROM INVESTING ACTIVITIES(1):   Purchases of property, plant and equipment (91)  (107)Acquisitions, net of cash acquired (30)  2 Other investing activities, net 1   6 Net cash used in investing activities (120)  (99)CASH FLOWS FROM FINANCING ACTIVITIES(1):   Borrowings under revolving credit facilities 855   682 Repayments under revolving credit facilities (566)  (600)Repayments of other debt, net (11)  (23)Dividends paid to LKQ stockholders (154)  (156)Purchase of treasury stock (53)  (79)Other financing activities, net (20)  7 Net cash provided by (used in) financing activities 51   (169)Effect of exchange rate changes on cash, cash equivalents and restricted cash (10)  29 Net (decrease) increase in cash, cash equivalents and restricted cash (24)  54 Cash, cash equivalents and restricted cash of continuing operations, beginning of period(2) 332   239 Add: Cash and cash equivalents of discontinued operations, beginning of period —   — Cash, cash equivalents and restricted cash of continuing and discontinued operations, beginning of period(2) 332   239 Cash, cash equivalents and restricted cash of continuing and discontinued operations, end of period(2) 308   293 Less: Cash and cash equivalents of discontinued operations, end of period —   — Cash, cash equivalents and restricted cash, end of period(2)$308  $293  (1) Amounts presented contain results from both continuing and discontinued operations.
(2) For the periods ended June 30, 2026 and December 31, 2025, includes $7 million and $13 million of restricted cash included in Other noncurrent assets on the Unaudited Condensed Consolidated Balance Sheets, respectively.

The following unaudited tables compare certain third party revenue categories:

 Three Months Ended June 30,  (In millions)2026
 2025
 $ Change % ChangeNorth America$1,371 $1,362 $9  0.5%Europe 1,447  1,601  (154) (9.6)%Specialty 487  464  23  5.0%Parts and services 3,305  3,427  (122) (3.6)%North America 95  80  15  20.5%Europe 8  6  2  37.7%Other 103  86  17  21.7%Total revenue$3,408 $3,513 $(105) (3.0)% Revenue changes by category for the three months ended June 30, 2026 vs. 2025:

 Revenue Change Attributable to:   Organic(1) Acquisition and Divestiture Foreign Exchange Total Change(2)North America0.5 % — % — % 0.5 %Europe(12.6)% 0.9 % 2.1 % (9.6)%Specialty4.5 % 0.6 % — % 5.0 %Parts and services(5.1)% 0.5 % 1.0 % (3.6)%North America20.5 % — % — % 20.5 %Europe24.4 % 10.4 % 3.0 % 37.7 %Other20.7 % 0.7 % 0.2 % 21.7 %Total revenue(4.4)% 0.5 % 1.0 % (3.0)% (1) We define organic revenue growth as total revenue growth from continuing operations excluding the effects of acquisitions and divestitures (i.e., revenue generated from the date of acquisition to the first anniversary of that acquisition, net of reduced revenue due to the disposal of businesses) and foreign currency movements (i.e., impact of translating revenue at different exchange rates). Organic revenue growth includes incremental sales from both existing and new (i.e., opened within the last twelve months) locations and is derived from expanding business with existing customers, securing new customers and offering additional products and services. We believe that organic revenue growth is a key performance indicator as this statistic measures our ability to serve and grow our customer base successfully.
(2) The sum of the individual revenue change components may not equal the total percentage change due to rounding.

The following unaudited tables compare certain third party revenue categories:

 Six Months Ended June 30,  (In millions)2026
 2025
 $ Change % ChangeNorth America$2,712 $2,698 $14  0.5 %Europe 3,060  3,116  (56) (1.8)%Specialty 895  857  38  4.4 %Parts and services 6,667  6,671  (4) (0.1)%North America 194  156  38  25.2 %Europe 16  13  3  23.3 %Other 210  169  41  25.0 %Total revenue$6,877 $6,840 $37  0.5 % Revenue changes by category for the six months ended June 30, 2026 vs. 2025:

 Revenue Change Attributable to:   Organic(1) Acquisition and Divestiture Foreign Exchange Total Change(2)North America0.1 % — % 0.4 % 0.5 %Europe(8.4)% 0.6 % 6.0 % (1.8)%Specialty4.0 % 0.3 % 0.2 % 4.4 %Parts and services(3.4)% 0.3 % 3.0 % (0.1)%North America25.0 % — % 0.1 % 25.2 %Europe2.2 % 12.7 % 8.4 % 23.3 %Other23.3 % 1.0 % 0.8 % 25.0 %Total revenue(2.7)% 0.4 % 2.9 % 0.5 % (1) We define organic revenue growth as total revenue growth from continuing operations excluding the effects of acquisitions and divestitures (i.e., revenue generated from the date of acquisition to the first anniversary of that acquisition, net of reduced revenue due to the disposal of businesses) and foreign currency movements (i.e., impact of translating revenue at different exchange rates). Organic revenue growth includes incremental sales from both existing and new (i.e., opened within the last twelve months) locations and is derived from expanding business with existing customers, securing new customers and offering additional products and services. We believe that organic revenue growth is a key performance indicator as this statistic measures our ability to serve and grow our customer base successfully.
(2) The sum of the individual revenue change components may not equal the total percentage change due to rounding.

The following unaudited table compares revenue and Segment EBITDA by reportable segment:

 Three Months Ended June 30, Six Months Ended June 30,  2026   2025   2026   2025 (In millions) % of Revenue  % of Revenue  % of Revenue  % of RevenueRevenue           North America$1,466   $1,442   $2,906   $2,854  Europe 1,455    1,607    3,076    3,129  Specialty 488    465    897    859  Eliminations (1)   (1)   (2)   (2) Total revenue$3,408   $3,513   $6,877   $6,840  Segment EBITDA           North America$207 14.1 % $224 15.5 % $410 14.1 % $441 15.4 %Europe 109 7.5 %  151 9.4 %  235 7.6 %  292 9.3 %Specialty 33 6.7 %  39 8.5 %  51 5.7 %  60 7.0 %Total Segment EBITDA$349 10.2 % $414 11.8 % $696 10.1 % $793 11.6 % We have presented Segment EBITDA solely as a supplemental disclosure that offers investors, securities analysts and other interested parties useful information to evaluate our segment profit and loss and underlying trends in our ongoing operations. We calculate Segment EBITDA as Net Income excluding net income and loss attributable to noncontrolling interest; income and loss from discontinued operations; depreciation; amortization; interest; gains and losses on debt extinguishment; income tax expense; restructuring and transaction related expenses; change in fair value of contingent consideration liabilities; other gains and losses related to acquisitions, equity method investments, or divestitures; equity in losses and earnings of unconsolidated subsidiaries; equity investment fair value adjustments; impairment charges; and direct impacts of the Ukraine/Russia conflict. Our chief operating decision maker ("CODM"), who is our Chief Executive Officer, uses Segment EBITDA as the key measure of our segment profit or loss. The CODM uses Segment EBITDA to compare profitability among our segments and evaluate business strategies. This financial measure is included in the metrics used to determine incentive compensation for our senior management. We also consider Segment EBITDA to be a useful financial measure in evaluating our operating performance, as it provides investors, securities analysts and other interested parties with supplemental information regarding the underlying trends in our ongoing operations. Segment EBITDA includes revenue and expenses that are controllable by the segment. Corporate general and administrative expenses are allocated to the segments based on usage, with shared expenses apportioned based on the segment's percentage of consolidated revenue. Refer to the table on the following page for a reconciliation of net income to Segment EBITDA.

The following unaudited table reconciles Net Income to Segment EBITDA:

 Three Months Ended June 30, Six Months Ended June 30,(In millions) 2026   2025   2026   2025 Net income$136  $193  $215  $362 Less: net income attributable to continuing noncontrolling interest —   1   —   1 Net income attributable to LKQ stockholders 136   192   215   361 Less: net income from discontinued operations 2   7   4   18 Net income from continuing operations attributable to LKQ stockholders 134   185   211   343 Adjustments:       Depreciation and amortization 103   102   202   198 Interest expense, net of interest income 52   53   100   105 Provision for income taxes 48   67   92   128 Equity in (earnings) losses of unconsolidated subsidiaries(1) (2)  (1)  44   — Equity investment fair value adjustments —   —   —   (1)Restructuring and transaction related expenses 14   8   47   19 Direct impacts of Ukraine/Russia conflict(2) —   —   —   1 Segment EBITDA$349  $414  $696  $793         Net income from continuing operations attributable to LKQ stockholders as a percentage of revenue 3.9 %  5.3 %  3.1 %  5.0 %Segment EBITDA as a percentage of revenue 10.2 %  11.8 %  10.1 %  11.6 % (1) Includes a $44 million other-than-temporary impairment recorded during the six months ended June 30, 2026 related to our equity method investment in Mekonomen.
(2) Adjustments include provisions for and subsequent adjustments to reserves for asset recoverability (primarily receivables and inventory).

We have presented Segment EBITDA solely as a supplemental disclosure that offers investors, securities analysts and other interested parties useful information to evaluate our segment profit and loss and underlying trends in our ongoing operations. See paragraph under the previous table (revenue and Segment EBITDA by reportable segment) for details on the calculation of Segment EBITDA.

Segment EBITDA should not be construed as an alternative to operating income, net income or net cash provided by (used in) operating activities, as determined in accordance with accounting principles generally accepted in the United States. In addition, not all companies that report Segment EBITDA information calculate Segment EBITDA in the same manner as we do and, accordingly, our calculation is not necessarily comparable to similarly-named measures of other companies and may not be an appropriate measure for performance relative to other companies.

The following unaudited table reconciles Net Income and Diluted Earnings per Share to Adjusted Net Income and Adjusted Diluted Earnings per Share, respectively:

 Three Months Ended June 30, Six Months Ended June 30,(In millions, except per share data) 2026   2025   2026   2025 Net income$136  $193  $215  $362 Less: net income attributable to continuing noncontrolling interest —   1   —   1 Net income attributable to LKQ stockholders 136   192   215   361 Less: net income from discontinued operations 2   7   4   18 Net income from continuing operations attributable to LKQ stockholders 134   185   211   343 Adjustments:       Amortization of acquired intangibles 35   36   68   71 Restructuring and transaction related expenses 14   8   47   19 Direct impacts of Ukraine/Russia conflict(1) —   —   —   1 Impairment on Mekonomen equity method investment —   —   44   — Excess tax deficiency from stock-based payments —   —   1   1 Tax effect of adjustments (13)  (11)  (30)  (24)Adjusted net income(2)$170  $218  $341  $411         Weighted average diluted common shares outstanding 254.7   258.3   255.3   258.9         Diluted earnings per share:       Reported(2)$0.52  $0.72  $0.82  $1.33 Adjusted(2)$0.67  $0.84  $1.33  $1.59  (1) Adjustments include provisions for and subsequent adjustments to reserves for asset recoverability (primarily receivables and inventory).
(2) Figures are for continuing operations attributable to LKQ stockholders.

We have presented Adjusted Net Income and Adjusted Diluted Earnings per Share as we believe these measures are useful for evaluating the core operating performance of our continuing business across reporting periods and in analyzing our historical operating results. We define Adjusted Net Income and Adjusted Diluted Earnings per Share as Net Income and Diluted Earnings per Share adjusted to eliminate the impact of net income and loss attributable to noncontrolling interest, income and loss from discontinued operations, restructuring and transaction related expenses, amortization expense related to all acquired intangible assets, gains and losses on debt extinguishment, changes in fair value of contingent consideration liabilities, other gains and losses related to acquisitions, equity method investments, or divestitures, impairment charges, direct impacts of the Ukraine/Russia conflict, excess tax benefits and deficiencies from stock-based payments and any tax effect of these adjustments. The tax effect of these adjustments is calculated using the effective tax rate for the applicable period or for certain discrete items the specific tax expense or benefit for the adjustment. Given the variability and volatility of the amount of related transactions in a particular period, management believes that these costs are not core operating expenses and should be adjusted in our calculation of Adjusted Net Income. Our adjustment of the amortization of all acquisition-related intangible assets does not exclude the amortization of other assets, which represents expense that is directly attributable to ongoing operations. Management believes that the adjustment relating to amortization of acquisition-related intangible assets supplements the GAAP information with a measure that can be used to assess the comparability of operating performance. The acquired intangible assets were recorded as part of purchase accounting and contribute to revenue generation. Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Any future acquisitions may result in the amortization of additional intangible assets. These financial measures are used by management in its decision making and overall evaluation of our operating performance and are included in the metrics used to determine incentive compensation for our senior management. Adjusted Net Income and Adjusted Diluted Earnings per Share should not be construed as alternatives to Net Income or Diluted Earnings per Share as determined in accordance with accounting principles generally accepted in the United States. In addition, not all companies that report measures similar to Adjusted Net Income and Adjusted Diluted Earnings per Share calculate such measures in the same manner as we do and, accordingly, our calculations are not necessarily comparable to similarly-named measures of other companies and may not be appropriate measures for performance relative to other companies.

The following unaudited table reconciles Forecasted Net Income and Diluted Earnings per Share to Forecasted Adjusted Net Income and Adjusted Diluted Earnings per Share, respectively:

 Forecasted Fiscal Year 2026(In millions, except per share data)Minimum Outlook Maximum OutlookNet income(1)$453  $529 Adjustments:   Amortization of acquired intangibles 134   134 Restructuring and transaction related expenses 90   90 Impairment on Mekonomen equity method investment 44   44 Other adjustments 1   1 Tax effect of adjustments (60)  (60)Adjusted net income(1)$662  $738     Weighted average diluted common shares outstanding 254.6   254.6     Diluted earnings per share:   Reported(1)$1.78  $2.08 Adjusted(1)$2.60  $2.90  (1) Actuals and outlook figures are for continuing operations attributable to LKQ stockholders.

We have presented forecasted Adjusted Net Income and forecasted Adjusted Diluted Earnings per Share in our financial outlook. Refer to the discussion of Adjusted Net Income and Adjusted Diluted Earnings per Share for details on the calculation of these non-GAAP financial measures. In the calculation of forecasted Adjusted Net Income and forecasted Adjusted Diluted Earnings per Share, we included estimates of net income, amortization of acquired intangibles for the full fiscal year 2026, restructuring expenses under approved plans, and the related tax effect; we included for all other components the amounts incurred through June 30, 2026.

The following unaudited table reconciles Forecasted Net Cash Provided by Operating Activities to Forecasted Free Cash Flow:

 Forecasted Fiscal Year 2026(In millions)Minimum Outlook Maximum OutlookNet cash provided by operating activities$825 $1,025Less: purchases of property, plant and equipment 200  250Free cash flow$625 $775 We have presented forecasted free cash flow in our financial outlook. Refer to the paragraph on the following page for details on the calculation of free cash flow.

The following unaudited tables reconciles Net Cash Provided by Operating Activities to Free Cash Flow:

 Three Months Ended June 30, Six Months Ended June 30,(In millions)2026
 2025
 2026
 2025
Net cash provided by operating activities$111 $296 $55  $293Less: purchases of property, plant and equipment 51  53  91   107Free cash flow(1)$60 $243 $(36) $186 (1) For the three and six months ended June 30, 2025, Self Service contributed approximately $15 million and $30 million, respectively, of free cash flow.

We have presented free cash flow solely as a supplemental disclosure that offers investors, securities analysts and other interested parties useful information to evaluate our liquidity. We calculate free cash flow as net cash provided by (used in) operating activities, less purchases of property, plant and equipment. We believe free cash flow provides insight into our liquidity and provides useful information to management and investors concerning our cash flow available to meet future debt service obligations and working capital requirements, make strategic acquisitions, pay dividends and repurchase stock. We believe free cash flow is used by investors, securities analysts and other interested parties in evaluating the liquidity of other companies, many of which present free cash flow when reporting their results. This financial measure is included in the metrics used to determine incentive compensation for our senior management.

Free cash flow should not be construed as an alternative to net cash provided by (used in) operating activities as determined in accordance with accounting principles generally accepted in the United States. In addition, not all companies that report free cash flow information calculate this metric in the same manner as we do and, accordingly, our calculations are not necessarily comparable to similarly-named measures of other companies and may not be appropriate measures for performance relative to other companies.

New York, New York--(Newsfile Corp. - June 22, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LKQ.

LKQ Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

LKQ's acquisition and integration of FinishMaster did not present the "minimal integration risk" Defendants had represented; the acquisition was not the "compelling strategic fit" purported to enhance LKQ's business and drive profitable growth; FinishMaster did not meaningfully improve LKQ's scale or product mix to compete in the North American automotive paint segment as touted; and as a result, Defendants' public statements regarding the acquisition, integration prospects, and related benefits were materially false and misleading at all relevant times.What's Next for LKQ Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/LKQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in LKQ you have until June 22, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to LKQ Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for LKQ Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com.

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294710

Source: Bronstein, Gewirtz & Grossman, LLC

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, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against LKQ Corporation ("LKQ" or the "Company") (NASDAQ: LKQ).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LKQ CORPORATION (LKQ), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JUNE 22, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between February 27, 2023 and July 23, 2025, Defendants failed to disclose to investors that: (1) FinishMaster was losing major customers from the time the acquisition was announced and its business could not sustain, let alone grow, LKQ's eroding market share; (2) such risks regarding the Uni-Select acquisition and FinishMaster integration had already materialized and were negatively impacting LKQ's operational and financial performance; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:  
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

New York, New York--(Newsfile Corp. - June 18, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LKQ.

LKQ Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

LKQ's acquisition and integration of FinishMaster did not present the "minimal integration risk" Defendants had represented; the acquisition was not the "compelling strategic fit" purported to enhance LKQ's business and drive profitable growth; FinishMaster did not meaningfully improve LKQ's scale or product mix to compete in the North American automotive paint segment as touted; and as a result, Defendants' public statements regarding the acquisition, integration prospects, and related benefits were materially false and misleading at all relevant times.What's Next for LKQ Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/LKQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in LKQ you have until June 22, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to LKQ Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for LKQ Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com.

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294709

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/LKQ.

LKQ Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

(1) LKQ’s acquisition and integration of FinishMaster did not present the “minimal integration risk” Defendants had represented; 
(2) the acquisition was not the “compelling strategic fit” purported to enhance LKQ’s business and drive profitable growth; 
(3) FinishMaster did not meaningfully improve LKQ’s scale or product mix to compete in the North American automotive paint segment as touted; and 
(4) as a result, Defendants’ public statements regarding the acquisition, integration prospects, and related benefits were materially false and misleading at all relevant times.

What's Next for LKQ Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/LKQ. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in LKQ you have until June 22, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to LKQ Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for LKQ Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/LKQ.

LKQ Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

(1) LKQ’s acquisition and integration of FinishMaster did not present the “minimal integration risk” Defendants had represented; 
(2) the acquisition was not the “compelling strategic fit” purported to enhance LKQ’s business and drive profitable growth; 
(3) FinishMaster did not meaningfully improve LKQ’s scale or product mix to compete in the North American automotive paint segment as touted; and 
(4) as a result, Defendants’ public statements regarding the acquisition, integration prospects, and related benefits were materially false and misleading at all relevant times.

What's Next for LKQ Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/LKQ. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in LKQ you have until June 22, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to LKQ Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for LKQ Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

LOS ANGELES, June 16, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises LKQ Corporation, (“LKQ” or the "Company") (NASDAQ: LKQ) investors of a class action on behalf of investors that bought securities between February 27, 2023 and July 23, 2025, inclusive (the “Class Period”). LKQ investors have until June 22, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/LKQ-corporation. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On February 2023, LKQ announced plans to acquire its competitor, Uni-Select Incorporated (“Uni-Select”), including Uni-Select’s United States operating subsidiary, FinishMaster. On April 23, 2024, LKQ lowered its financial guidance, citing slow demand in its North American segment, where FinishMaster was being integrated. LKQ also announced that CEO Dominick Zarcone, who oversaw the Uni-Select acquisition, was leaving the Company. On this news, LKQ’s stock price fell $7.28 per share, or 14.9%, to close at $41.65 per share on April 23, 2024. Then, on July 25, 2024, LKQ reported disappointing earnings for its second fiscal quarter of 2024. LKQ revealed that it had missed revenue estimates for the quarter and further lowered its financial guidance for the rest of the fiscal year, again blaming slowing demand on its North American segment. On these disclosures, LKQ’s stock price fell $5.53 per share, or 12.4%, to close at $38.95 per share on July 25, 2024. On October 24, 2024, LKQ revealed that the FinishMaster business was, in fact, losing business, including major customers, to LKQ’s competitors. LKQ revealed that these losses began “pre-acquisition or pre-closing and leading into post-acquisition.” Then, on April 24, 2025, LKQ revealed that its North American market segment, where FinishMaster was now fully integrated, had continued to lose market share due to competitors consistently undercutting LKQ on price, causing LKQ to miss revenue and margin targets. Following these disclosures, LKQ’s stock price fell $4.87 perf share, or 11.6%, to close at $37.26 per share on April 24, 2025. Finally, on July 24, 2025, LKQ disclosed that its worsening market share losses had caused the Company to miss margin targets again. On this news, LKQ’s stock price fell $6.88 per share, or 17.8%, to close at $31.73 per share on July 24, 2025.

On this news, Sportradar's stock price fell $3.80 per share, or 22.6%, to close at $13.04 per share on April 22, 2026.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

LOS ANGELES, June 16, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected].

LKQ Corporation (NASDAQ: LKQ)
Class Period: February 27, 2023 – July 23, 2025
Lead Plaintiff Deadline: June 22, 2026

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) FinishMaster was losing major customers from the time the acquisition was announced and its business could not sustain, let alone grow, LKQ’s eroding market share; (2) such risks regarding the Uni-Select acquisition and FinishMaster integration had already materialized and were negatively impacting LKQ’s operational and financial performance; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you are a LKQ shareholder who suffered a loss, click here to participate.

Regencell Bioscience Holdings Limited (NASDAQ: RGC)
Class Period: October 28, 2024 – October 31, 2025
Lead Plaintiff Deadline: June 23, 2026

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Regencell was vulnerable and/or subject to market manipulation; (2) the resulting volatility in the market for the Company’s ordinary shares exposed Regencell’s investors to significant financial risk; (3) all the foregoing subjected Regencell to a heightened risk of regulatory and/or governmental scrutiny and enforcement action, as well as significant legal, monetary, and reputational harm; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you are a Regencell shareholder who suffered a loss, click here to participate.

Globant S.A. (NYSE: GLOB)
Class Period: February 15, 2024 – August 14, 2025
Lead Plaintiff Deadline: June 23, 2026

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Globant was facing decreasing demand across Latin America and had frozen wages in both Argentina and Mexico in late 2023 and Latin American clients were reducing and cancelling their projects with the Company; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you are a Globant shareholder who suffered a loss, click here to participate.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against LKQ Corporation (“LKQ” or the “Company”) (NASDAQ: LKQ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether LKQ and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until June 22, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired LKQ securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]

In February 2023, LKQ announced plans to acquire its competitor, Uni-Select Incorporated (“Uni-Select”), including Uni-Select’s United States operating subsidiary, FinishMaster. 

On April 23, 2024, LKQ lowered its financial guidance, citing slow demand in its North American segment, where FinishMaster was being integrated.  LKQ also announced that CEO Dominick Zarcone, who oversaw the Uni-Select acquisition, was leaving the Company. 

On this news, LKQ’s stock price fell $7.28 per share, or 14.9%, to close at $41.65 per share on April 23, 2024. 

Then, on July 25, 2024, LKQ reported disappointing earnings for its second fiscal quarter of 2024.  LKQ revealed that it had missed revenue estimates for the quarter and further lowered its financial guidance for the rest of the fiscal year, again blaming slowing demand on its North American segment. 

On these disclosures, LKQ’s stock price fell $5.53 per share, or 12.4%, to close at $38.95 per share on July 25, 2024. 

On October 24, 2024, LKQ revealed that the FinishMaster business was, in fact, losing business, including major customers, to LKQ’s competitors.  LKQ revealed that these losses began “pre-acquisition or pre-closing and leading into post-acquisition.”  Then, on April 24, 2025, LKQ revealed that its North American market segment, where FinishMaster was now fully integrated, had continued to lose market share due to competitors consistently undercutting LKQ on price, causing LKQ to miss revenue and margin targets. 

Following these disclosures, LKQ’s stock price fell $4.87 perf share, or 11.6%, to close at $37.26 per share on April 24, 2025. 

Finally, on July 24, 2025, LKQ disclosed that its worsening market share losses had caused the Company to miss margin targets again. 

On this news, LKQ’s stock price fell $6.88 per share, or 17.8%, to close at $31.73 per share on July 24, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

The Law Offices of Frank R. Cruz reminds investors of the upcoming June 22, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired LKQ Corporation (“LKQ” or the “Company”) (NASDAQ: LKQ) common stock between February 27, 2023 and July 23, 2025, inclusive (the “Class Period”).

IF YOU ARE AN INVESTOR WHO LOST MONEY ON LKQ CORPORATION (LKQ), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.

What Happened?

On April 23, 2024, LKQ lowered its full-year 2024 financial guidance, citing worsening performance in its North American operations, where the Company’s recently acquired subsidiary FinishMaster, was being integrated, while attributing the decline in part to slowing demand and warmer weather, and announcing the departure of its CEO.

On this news, LKQ’s stock price fell $7.28 per share, or 14.9%, to close at $41.65 per share on April 23, 2024, thereby injuring investors.

Then, on July 25, 2024, LKQ reported second quarter 2024 financial results that missed its previously reduced expectations and again lowered its full-year 2024 guidance, citing continued weakness in its North American segment.

On this news, LKQ’s stock price fell $5.53 per share, or 12.4%, to close at $5.53 per share on July 25, 2024, thereby further injuring investors.

Next, on April 24, 2025, LKQ reported that its Wholesale North America segment, where FinishMaster was fully integrated, missed revenue targets by approximately $200 million and disclosed that, contrary to its prior assurances that FinishMaster would improve margins, the segment missed EBITDA targets and experienced a year-over-year margin decline.

On this news, LKQ’s stock price fell $4.87 per share, or 11.6%, to close at $37.26 per share on April 24, 2025, thereby further injuring investors.

Finally, on July 24, 2025, LKQ reported that its segment margin performance continued to deteriorate, attributing the declines to competitors taking market share by undercutting pricing. The Company again missed EBITDA targets by approximately $20 million and disclosed a year-over-year margin decline of 11%, while admitting that the declines were predominantly driven by business losses due to increased competition for FinishMaster.

On this news, LKQ’s stock price fell $6.88 per share, or 17.8%, to close at $31.73 per share on July 24, 2025, thereby further injuring investors.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) FinishMaster was losing major customers from the time the acquisition was announced and its business could not sustain, let alone grow, LKQ’s eroding market share; (2) such risks regarding the Uni-Select acquisition and FinishMaster integration had already materialized and were negatively impacting LKQ’s operational and financial performance; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired LKQ common stock between February 27, 2023 and July 23, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is June 22, 2026.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected] our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615451938/en/

New York, New York--(Newsfile Corp. - June 14, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against LKQ Corporation (NASDAQ: LKQ) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired LKQ securities between February 27, 2023 and July 23, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LKQ.

LKQ Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

LKQ's acquisition and integration of FinishMaster did not present the "minimal integration risk" Defendants had represented; the acquisition was not the "compelling strategic fit" purported to enhance LKQ's business and drive profitable growth; FinishMaster did not meaningfully improve LKQ's scale or product mix to compete in the North American automotive paint segment as touted; and as a result, Defendants' public statements regarding the acquisition, integration prospects, and related benefits were materially false and misleading at all relevant times.What's Next for LKQ Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/LKQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in LKQ you have until June 22, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to LKQ Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for LKQ Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294708

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Investors in LKQ (LKQ - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 18, 2026 $17.50 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for LKQ, but what is the fundamental picture for the company? Currently, LKQ is a Zacks Rank #3 (Hold) in the Automotive - Replacement Parts Industry that ranks in the Top 27% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his earnings estimate for the current quarter, while four have dropped their estimate. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 78 cents per share to 73 cents per share in the same time period.

Given the way analysts feel about LKQ right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Hibbett Sports will close 175 stores around the U.S. over the next three years as its parent company, JD Sports, looks to reorganize its footprint.

JD Sports acquired Hibbett in 2024 in a deal valued at around $1.1 billion, with the acquisition viewed as enhancing JD’s presence in the North American footwear market. Hibbett had 1,169 stores in 36 states as of May 2024, according to the press release for the deal.

Now, the company is moving to reduce its store count as part of a cost-cutting strategy.

JD Sports CEO Regis Schultz said on the company’s fourth quarter earnings call that its “second key strategic initiative is driving store productivity and optimization of our store estate. Our net store movement last year was a reduction of 39 stores, demonstrating our fewer, bigger, and better store strategy.”

“In North America, we will leverage group best practice to optimize EBIT store footprint and profitability. As part of this, we will close around 170 underperforming EBIT stores over the next three years,” Schultz added.

Hibbett Sports will shutter 175 stores across the U.S. over the next three years. Bloomberg via Getty Images JD said that at the start of its fiscal year in February 2025, there were 999 Hibbett stores and that figure declined to a total of 982 when its fiscal year ended in January 2026 as the group consolidated its operations after the Hibbett acquisition.

JD’s CFO Dominic Platt added that the group is planning to open about 20 new JD stores as well as converting between 70 to 80 Finish Line stores to JD locations in North America.

After factoring in JD Sports’ plans in Europe, the group expects its total store count to “stay broadly flat for the year,” Platt said.

JD Sports CEO Regis Schultz said closures are part of a “fewer, bigger, and better store strategy.” Bloomberg via Getty Images JD Sports’ stock is down about 1.7% year to date and is around 1.8% higher over the last year.

The news comes as Hibbett’s retail footwear rival, Foot Locker, announced store closure plans last November following its $2.4 billion acquisition by Dick’s Sporting Goods in September 2025.

The company didn’t specify how many Foot Locker locations would close, though nine Dick’s locations closed in 2025, along with about 11 Foot Locker-owned stores and four licensed stores.

LOS ANGELES, June 09, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises LKQ Corporation, (“LKQ” or the "Company") (NASDAQ: LKQ) investors of a class action on behalf of investors that bought securities between February 27, 2023 and July 23, 2025, inclusive (the “Class Period”). LKQ investors have until June 22, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/LKQ-corporation. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On February 2023, LKQ announced plans to acquire its competitor, Uni-Select Incorporated (“Uni-Select”), including Uni-Select’s United States operating subsidiary, FinishMaster. On April 23, 2024, LKQ lowered its financial guidance, citing slow demand in its North American segment, where FinishMaster was being integrated. LKQ also announced that CEO Dominick Zarcone, who oversaw the Uni-Select acquisition, was leaving the Company. On this news, LKQ’s stock price fell $7.28 per share, or 14.9%, to close at $41.65 per share on April 23, 2024. Then, on July 25, 2024, LKQ reported disappointing earnings for its second fiscal quarter of 2024. LKQ revealed that it had missed revenue estimates for the quarter and further lowered its financial guidance for the rest of the fiscal year, again blaming slowing demand on its North American segment. On these disclosures, LKQ’s stock price fell $5.53 per share, or 12.4%, to close at $38.95 per share on July 25, 2024. On October 24, 2024, LKQ revealed that the FinishMaster business was, in fact, losing business, including major customers, to LKQ’s competitors. LKQ revealed that these losses began “pre-acquisition or pre-closing and leading into post-acquisition.” Then, on April 24, 2025, LKQ revealed that its North American market segment, where FinishMaster was now fully integrated, had continued to lose market share due to competitors consistently undercutting LKQ on price, causing LKQ to miss revenue and margin targets. Following these disclosures, LKQ’s stock price fell $4.87 perf share, or 11.6%, to close at $37.26 per share on April 24, 2025. Finally, on July 24, 2025, LKQ disclosed that its worsening market share losses had caused the Company to miss margin targets again. On this news, LKQ’s stock price fell $6.88 per share, or 17.8%, to close at $31.73 per share on July 24, 2025.

On this news, Sportradar's stock price fell $3.80 per share, or 22.6%, to close at $13.04 per share on April 22, 2026.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against LKQ Corporation (“LKQ” or the “Company”) (NASDAQ: LKQ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether LKQ and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until June 22, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired LKQ securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

In February 2023, LKQ announced plans to acquire its competitor, Uni-Select Incorporated (“Uni-Select”), including Uni-Select’s United States operating subsidiary, FinishMaster. 

On April 23, 2024, LKQ lowered its financial guidance, citing slow demand in its North American segment, where FinishMaster was being integrated.  LKQ also announced that CEO Dominick Zarcone, who oversaw the Uni-Select acquisition, was leaving the Company. 

On this news, LKQ’s stock price fell $7.28 per share, or 14.9%, to close at $41.65 per share on April 23, 2024. 

Then, on July 25, 2024, LKQ reported disappointing earnings for its second fiscal quarter of 2024.  LKQ revealed that it had missed revenue estimates for the quarter and further lowered its financial guidance for the rest of the fiscal year, again blaming slowing demand on its North American segment. 

On these disclosures, LKQ’s stock price fell $5.53 per share, or 12.4%, to close at $38.95 per share on July 25, 2024. 

On October 24, 2024, LKQ revealed that the FinishMaster business was, in fact, losing business, including major customers, to LKQ’s competitors.  LKQ revealed that these losses began “pre-acquisition or pre-closing and leading into post-acquisition.”  Then, on April 24, 2025, LKQ revealed that its North American market segment, where FinishMaster was now fully integrated, had continued to lose market share due to competitors consistently undercutting LKQ on price, causing LKQ to miss revenue and margin targets. 

Following these disclosures, LKQ’s stock price fell $4.87 perf share, or 11.6%, to close at $37.26 per share on April 24, 2025. 

Finally, on July 24, 2025, LKQ disclosed that its worsening market share losses had caused the Company to miss margin targets again. 

On this news, LKQ’s stock price fell $6.88 per share, or 17.8%, to close at $31.73 per share on July 24, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

SAN DIEGO, June 9, 2026 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired LKQ Corporation (NASDAQ: LKQ) common stock between February 27, 2023 and July 23, 2025. LKQ is a global distributor of alternative collision replacement parts, recycled engines, and other vehicle components for the repair of automobiles.

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of LKQ Corporation (NASDAQ: LKQ) between February 27, 2023 and July 23, 2025, both dates inclusive (the "Class Period"), of the important June 22, 2026 lead plaintiff deadline.

So What: If you purchased LKQ common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do Next: To join the LKQ class action, go to https://rosenlegal.com/submit-form/?case_id=62121 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the Case: According to the lawsuit, throughout the Class Period, LKQ repeatedly touted the benefits of the acquisition of FinishMaster, a subsidiary of Uni-Select. For example, in announcing the acquisition in February 2023, LKQ represented that the acquisition was a "compelling strategic fit" to "enhance LKQ's business and drive profitable growth." LKQ also represented that the acquisition presented "minimal integration risk," including because "Uni-Select's FinishMaster business improves LKQ's scale and product mix to compete" in the North American automotive paint segment.

After completing the acquisition in August 2023, LKQ began to integrate FinishMaster into LKQ's North American operating segment. LKQ and its executives touted the integration as a "highly synergistic opportunity" and "competitive moat" to protect LKQ against market share losses to AutoZone and other competitors. In reality, FinishMaster was losing major customers and market share, including the business of key multi-shop operator clients that were critical to FinishMaster's revenue. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the LKQ class action, go to https://rosenlegal.com/submit-form/?case_id=62121 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lkq-deadline-lkq-investors-have-opportunity-to-lead-lkq-corporation-securities-fraud-lawsuit-302796069.html

SOURCE THE ROSEN LAW FIRM, P. A.

New York, New York--(Newsfile Corp. - June 10, 2026) - Bronstein, Gewirtz and Grossman, LLC, a nationally recognized investor-rights law

Notice to Pension Funds, Asset Managers, and Fiduciaries

, /PRNewswire/ -- Institutional investors holding positions in LKQ Corporation (NASDAQ: LKQ) during the period February 27, 2023 through July 23, 2025 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

LKQ shares suffered successive declines of 14.9%, 12.4%, 11.6%, and 17.8% as concealed problems with its $2.1 billion Uni-Select acquisition were revealed over multiple quarters. The window to apply for lead plaintiff closes on June 22, 2026.

Fiduciary Obligations and Recovery Options

Pension funds, endowments, and asset managers with fiduciary duties to beneficiaries should evaluate whether participation in the LKQ securities action is warranted. Fiduciaries who held LKQ shares during the class period may have an obligation to investigate recovery options on behalf of their beneficiaries. Key considerations include:

Institutional holders purchased LKQ shares at prices allegedly inflated by concealed customer losses at FinishMaster, which accounted for roughly 40% of Uni-Select's annual revenue The company touted "minimal integration risk" and projected $55 million in cost synergies, later revised to $65 million, while FinishMaster was actively losing major clients Portfolio losses compounded across multiple corrective disclosures spanning April 2024 through July 2025 Lead plaintiffs gain direct oversight of litigation strategy, settlement negotiations, and counsel selection Serving as lead plaintiff carries no additional financial obligation beyond the time commitment involved Portfolio Impact Assessment

The lawsuit contends that LKQ's Wholesale North America segment missed revenue targets by approximately $200 million and EBITDA margin targets by $24 million as customer attrition overwhelmed the supposed synergy benefits. The complaint further alleges that by July 2025, competitors had taken significant market share by undercutting LKQ on price, causing an additional $20 million EBITDA shortfall and a year-over-year margin decline of 11%.

Institutional investors with concentrated positions in the automotive aftermarket sector may have experienced amplified harm from these alleged misrepresentations.

Contact us for institutional recovery options or call Joseph E. Levi, Esq. at (888) SueWallSt.

Case Summary

"Institutional investors play a critical role in securities class actions. Their participation helps ensure that cases are prosecuted effectively and that recoveries reflect the full scope of harm suffered by the class." -- Joseph E. Levi, Esq.

The action, filed in the United States District Court for the Middle District of Tennessee, alleges that LKQ and certain senior executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making materially false and misleading statements about the acquisition and integration of Uni-Select and its subsidiary FinishMaster. The complaint asserts that management concealed that FinishMaster had been losing major customers since before the acquisition closed, while publicly characterizing the deal as a "highly synergistic opportunity" with accelerating benefits.

INSTITUTIONAL INVESTOR REPRESENTATION -- SueWallSt provides sophisticated counsel to institutional investors evaluating lead plaintiff opportunities. The firm has recovered hundreds of millions of dollars. Ranked among ISS Top 50 for seven consecutive years.

Frequently Asked Questions About the LKQ Lawsuit

Q: Who is eligible to join the LKQ investor lawsuit? A: Investors who purchased LKQ stock or securities between February 27, 2023 and July 23, 2025 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: What is the LKQ lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is June 22, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of investor's country of residence.

CONTACT:

SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

LOS ANGELES, June 11, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming June 22, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired LKQ Corporation (“LKQ” or the “Company”) (NASDAQ: LKQ) common stock between February 27, 2023 and July 23, 2025, inclusive (the “Class Period”).

NEW YORK, June 12, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of LKQ Corporation (NASDAQ: LKQ).

Shareholders who purchased shares of LKQ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/lkq-corporation-loss-submission-form/?id=187709&from=3

CLASS PERIOD: February 27, 2023 to July 23, 2025

ALLEGATIONS: According to the filed complaint, during the class period, defendants made materially false and misleading statements and omissions, and engaged in a scheme to deceive the market. This artificially inflated the price of LKQ common stock and operated as a fraud or deceit on the Class. Later, when defendants’ prior misrepresentations and fraudulent conduct were disclosed to the market, the price of LKQ common stock declined significantly as the prior artificial inflation came out over time. As a result of their purchases of LKQ common stock during the class period, members of the class suffered economic loss.

DEADLINE: June 22, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lkq-corporation-loss-submission-form/?id=187709&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LKQ during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 22, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903