---
schema_version: "secwatch.filing_event.v1"
accession: "0001065696-24-000109"
form_type: "8-K"
ticker: "LKQ"
cik: "0001065696"
company_name: "LKQ CORP"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:09:25.252412+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LKQ Q2 adjusted EPS $0.98, down 10% YoY; organic revenue declines; cuts 2024 guidance

## Summary
- Revenue $3.7B (+7.6% YoY) but organic parts & services revenue down 2.1% (2.9% per day).
- GAAP diluted EPS $0.70, down 33.3% YoY; adjusted diluted EPS $0.98, down 10.1% YoY.
- FY2024 guidance cut: adjusted EPS now $3.50-$3.70 (was $3.90-$4.20); free cash flow now $0.85B (was $1.0B).
- Q2 operating cash flow $213M; returned over $200M to shareholders via $125M buyback and $80M dividends.
- Paused large-scale M&A; divesting Slovenia, Poland, Bosnia operations; appointed Andrew Clarke to board.

## SEC filing metadata
- accession: 0001065696-24-000109
- form_type: 8-K
- ticker: LKQ
- cik: 0001065696
- company_name: LKQ CORP
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065696/000106569624000109/0001065696-24-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065696/000106569624000109/lkq-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065696-24-000109
- JSON: https://secwatch.observer/filing/0001065696-24-000109.json
- Plain text: https://secwatch.observer/filing/0001065696-24-000109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.