secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001065696-23-000060
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LKQ Q2 adj EPS $1.09 flat YoY, revenue $3.4B; narrows FY adj EPS guidance to $3.90-$4.10
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000060/0001065696-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000060/lkq-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001065696-23-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer