{"schema_version":"secwatch.filing_event.v1","accession":"0001065696-23-000060","form_type":"8-K","ticker":"LKQ","cik":"0001065696","company_name":"LKQ CORP","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.057898+00:00","generated_at":"2026-06-12T23:40:25.196656+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LKQ Q2 adj EPS $1.09 flat YoY, revenue $3.4B; narrows FY adj EPS guidance to $3.90-$4.10","bullets":["Revenue $3.4B, +3.2% YoY; parts and services organic +4.8% (+5.4% per day).","Adjusted diluted EPS $1.09, flat YoY; GAAP EPS $1.05 vs $1.49 (incl. $0.45 PGW gain in prior year).","Operating cash flow $480M, free cash flow $414M; quarterly dividend $0.275/share declared.","FY2023 outlook: adj EPS $3.90-$4.10 (prev $3.90-$4.20); organic revenue growth 6-7.5% (prev 6-8%).","Uni-Select acquisition (CAD 48/share, ~$2.1B enterprise) on track to close Aug 1, 2023; GSF Car Parts divestiture planned."],"urls":{"canonical":"https://secwatch.observer/filing/0001065696-23-000060","json":"https://secwatch.observer/filing/0001065696-23-000060.json","markdown":"https://secwatch.observer/filing/0001065696-23-000060.md","text":"https://secwatch.observer/filing/0001065696-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000060/0001065696-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000060/lkq-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:40:25.196656+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46980d7781e14749d1245359fca6b2b2595acf78","claim":"LKQ CORP reported second quarter 2023 results: revenue $3.4 billion, net income $281 million, EPS $1.05.","evidence_excerpt":"Revenue for the second quarter of 2023 was $3.4 billion, an increase of 3.2% as compared to $3.3 billion in the second quarter of 2022. For the second quarter of 2023, parts and services organic revenue increased 4.8% (5.4% on a per day basis), foreign exchange rates increased revenue by 0.6% and the net impact of acquisitions and divestitures was flat year over year, for a total parts and services revenue increase of 5.4%. Other revenue for the second quarter of 2023 fell 23.9% primarily due to weaker commodity prices relative to the same period in 2022. Net income 2 for the second quarter of 2023 was $281 million as compared to $420 million for the same period in 2022. Diluted earnings per share 2 for the second quarter of 2023 was $1.05 as compared to $1.49 for the same period of 2022, a decrease of 29.5%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000060/0001065696-23-000060-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$3.4 billion"},{"label":"Net income","value":"$281 million"},{"label":"EPS","value":"$1.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}