secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001065696-22-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LKQ Q3 revenue $3.1B, EPS $0.95; organic growth 4.8%; dividend up 10%; buyback expanded
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- Revenue $3.1B down 5.9% YoY; constant currency $3.3B (+1.0%); parts & services organic growth 4.8% (5.3% per day).
- Diluted EPS $0.95 (down 1.0%); adj diluted EPS $0.97 (down 4.9%). Operating cash flow $273M; free cash flow $224M.
- Repurchased 6.8M shares for $343M in Q3; board expanded buyback by $1B through Oct 2025. Quarterly dividend raised 10% to $0.275.
- Updated 2022 guidance: organic rev growth 4.75%-5.75%; adj diluted EPS $3.85-$3.95; operating cash flow $1.25B; FCF ~$1.0B.
- Leadership: Varun Laroyia named CEO of LKQ Europe; Rick Galloway appointed SVP and CFO effective Sept 19, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569622000067/0001065696-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569622000067/lkq-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001065696-22-000067

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