secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001065696-23-000100
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LKQ Q3 EPS falls 19% YoY; cuts full-year guidance on Europe headwinds and soft commodity prices
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- Revenue $3.6B (+15% YoY); organic parts & services revenue +3.0% (4.3%/day).
- Diluted EPS $0.77 vs $0.95 Q3 2022; adjusted diluted EPS $0.86 vs $0.97.
- Operating cash flow $441M; free cash flow $344M; dividend raised 9% to $0.30/share.
- Completed Uni-Select acquisition (~CAD 2.8B EV) on Aug 1; divested GSF Car Parts Oct 25.
- FY2023 guidance cut: adj. diluted EPS now $3.68-$3.82 (prev. $3.90-$4.10); organic growth 4.75%-5.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000100/0001065696-23-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000100/lkq-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001065696-23-000100

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