Blythe J. McGarvie
On February 13, 2025, Blythe J. McGarvie, a member of the Board of Directors of LKQ Corporation (the “Company”), notified the Company of her decision to decline to be nominated for re-election to the Company’s Board of Directors.
Highest-materiality recent filing
LKQ Q1 GAAP EPS $0.30 vs $0.61; lowers full-year EPS outlook; strategic review ongoing
Revenue $3,469M (+4.3% YoY); parts & services organic revenue -1.6% after FX.
LKQ Q4 adj. EPS $0.59, -24.4% YoY; initiates strategic review and restructuring plan
Q4 revenue $3.3B (+2.7% YoY); net income $75M vs $151M; adjusted EPS $0.59 vs $0.78.
LKQ Board initiates strategic review, including potential sale of the company
Board of Directors launched comprehensive strategic review to maximize shareholder value.
LKQ launches process to explore sale of Specialty segment
Specialty segment distributes automotive, RV and marine parts in North America.
LKQ Q3 2025 revenue $3,499M (+1.3% YoY); raises adjusted EPS midpoint by $0.07
Diluted EPS $0.69 vs $0.71 YoY; adjusted diluted EPS $0.84 vs $0.86.
LKQ closes sale of Self Service segment for $410M enterprise value
Sold Pick Your Part to Pacific Avenue Capital Partners affiliate, completed Oct 1, 2025.
LKQ sells Self Service segment (Pick Your Part) for $410M enterprise value
Enterprise value of $410 million; sale to affiliate of Pacific Avenue Capital Partners.
LKQ Chairman Guhan Subramanian steps down; John Mendel appointed new Chairman
Guhan Subramanian resigned as Chairman effective Aug 20, 2025; will retire from Board on Jan 1, 2026.
LKQ Q2 adjusted EPS $0.87 misses prior year; lowers full-year guidance
Revenue $3.6B (-1.9% YoY); parts & services organic revenue -3.4% ( -2.7% per day).
LKQ amends cooperation agreement; standstill extends if Gove and Powell re-nominated
Amendment extends standstill until 30 days before 2027 nomination deadline if LKQ re-nominates Sue Gove and Michael Powell for 2026 annual meeting.
Revenue $3.5B, down 6.5% YoY; organic parts/services revenue down 4.3% (-3.1% per day).
LKQ Q4 adjusted EPS $0.80 down 4.8% YoY; 2025 guidance $3.40-$3.70
Q4 revenue $3.4B (-4.1% YoY); parts & services organic revenue fell 3.6%.
LKQ appoints two new directors under cooperation agreement with Ancora and Engine Capital
Appointed Sue Gove (Excelsior Advisors) and Michael Powell (former Progressive) to Board, effective Feb 5, 2025.
LKQ Q3 adj EPS beats by $0.02; slashes full-year guidance; adds $1B buyback
Q3 revenue $3.6B (+0.5% YoY); diluted EPS $0.73; adjusted diluted EPS $0.88 vs $0.86 prior year.
LKQ Q2 adjusted EPS $0.98, down 10% YoY; organic revenue declines; cuts 2024 guidance
Revenue $3.7B (+7.6% YoY) but organic parts & services revenue down 2.1% (2.9% per day).
Dominick Zarcone retires as LKQ CEO; Justin Jude appointed President and CEO effective July 1
Dominick Zarcone retired as President and CEO effective June 30, 2024; will serve as Executive Advisor through Dec 31, 2024.
LKQ Q1 EPS $0.59 vs $1.01 YoY; cuts organic revenue guidance range
Revenue $3.7B (+10.6% YoY) but parts/services organic revenue down 0.3%.
LKQ prices €750M 4.125% senior notes due 2031, to redeem €500M 3.875% notes due 2024
Issued €750M 4.125% senior unsecured notes due 2031 via subsidiary LKQ Dutch Bond B.V.
LKQ Q4 adjusted EPS $0.84 (+8% YoY); FY 2024 guidance calls for adjusted EPS $3.90-$4.20
Q4 revenue $3.5B (+16.6% YoY); FY revenue $13.9B (+8.4% YoY).
Dominick Zarcone to retire as LKQ CEO by June 30, 2024; Justin Jude named successor
Zarcone retires as President/CEO effective June 30, 2024; will serve as Executive Advisor through Dec 31, 2024.
LKQ Q3 EPS falls 19% YoY; cuts full-year guidance on Europe headwinds and soft commodity prices
Revenue $3.6B (+15% YoY); organic parts & services revenue +3.0% (4.3%/day).
LKQ closes acquisition of Uni-Select for C$48.00 per share; shares to delist from TSX
LKQ subsidiary acquired all outstanding Uni-Select shares at C$48.00 per share in cash.
LKQ Q2 adj EPS $1.09 flat YoY, revenue $3.4B; narrows FY adj EPS guidance to $3.90-$4.10
Revenue $3.4B, +3.2% YoY; parts and services organic +4.8% (+5.4% per day).
LKQ issues $1.4B senior notes at 5.75% (2028) and 6.25% (2033) to fund Uni-Select acquisition
$800M 5.75% notes due 2028 and $600M 6.25% notes due 2033 issued on May 24, 2023.
LKQ prices $1.4B senior unsecured notes to fund Uni-Select acquisition
Offering: $800M of 5.75% senior notes due 2028 and $600M of 6.25% senior notes due 2033.
Revenue $3.3B flat YoY; parts & services organic growth 7.9% (7.1% per day); other revenue down 19.2% on weaker commodity prices.
On February 13, 2025, Blythe J. McGarvie, a member of the Board of Directors of LKQ Corporation (the “Company”), notified the Company of her decision to decline to be nominated for re-election to the Company’s Board of Directors.
On February 5, 2025, Ms. Gove and Mr. Powell were appointed to the Board, each with a term expiring at the 2025 annual meeting of shareholders.
On February 5, 2025, Ms. Gove and Mr. Powell were appointed to the Board, each with a term expiring at the 2025 annual meeting of shareholders.
On July 22, 2024, the Board of Directors of LKQ Corporation (the "Company") elected Andrew Clarke as a member of the Board of Directors, effective immediately.
Dominick Zarcone retired as the Company’s President and Chief Executive Officer effective June 30, 2024.
Michael Clark, currently the Company’s Vice President, Finance and Controller and the Company’s principal accounting officer, will transition to a role as the Company’s Senior Vice President, Policy and Administration effective May 1, 2024.
On April 18, 2024, LKQ Corporation (the “Company”) announced that Todd Cunningham, currently the Company’s Vice President, Finance and Assistant Controller, will become the Company’s Vice President, Finance and Controller and the Company’s principal accounting officer effective May 1, 2024.
Joseph M. Holsten informed the Company of his intention to retire from his position as a member of the Board and to not stand for re-election at the Company’s 2024 annual meeting of stockholders, which is expected to take place on May 7, 2024
On November 30, 2023, Varun Laroyia, currently an Executive Vice President of LKQ Corporation (the “Company”) and Chief Executive Officer and Managing Director of LKQ Europe, informed the Company’s Board of Directors (the “Board”) of his intention to resign from these positions with the Company effective December 31, 2023.
Dominick Zarcone will retire as the Company’s President and Chief Executive Officer effective June 30, 2024.
Mr. Zarcone will transition to a position as an executive officer of the Company with the title of Executive Advisor in order to facilitate an orderly chief executive officer transition and will serve in such capacity from July 1, 2024 through December 31, 2024.
Effective July 1, 2024, Mr. Jude will be appointed President and Chief Executive Officer of the Company.
Max materiality 0.85 · Median 0.60 · Most common event earnings