LKQ appoints new CEO and suspends guidance due to Europe issues
Sal Abbate becomes CEO effective December 15 amid poor Q3 results driven by European ERP disruptions. The board suspended full-year 2026 guidance.
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Global distributor of aftermarket vehicle parts, accessories, and services
lkqcorp.comLast updated
In short: LKQ missed Q3 2026 targets, appointed Sal Abbate CEO amid European underperformance and lowered guidance.
Sal Abbate becomes CEO effective December 15 amid poor Q3 results driven by European ERP disruptions. The board suspended full-year 2026 guidance.
Results will be released on October 29, 2026, accompanied by a conference call and webcast at 8:00 a.m. ET to discuss financial performance.
The presentation details financial performance for the fiscal year 2026 second quarter period released by the corporation.
LKQ lowers full-year EPS guidance citing ERP disruptions and soft demand in Europe. North America returns to growth while Specialty expands organically.
LKQ Corp. announced Friday that its Board of Directors has appointed Salvatore Abbate as President and Chief Executive Officer, effective December 15, 2026. He succeeds...
LKQ Corporation , a U.S. provider of alternative and specialty vehicle parts, Friday reported preliminary third-quarter results showing a loss compared with a profit a...
LKQ withdrew its 2026 guidance and suspended its strategic review after European operational problems drove a sharp decline ...
07/30 LKQ lowers its annual earnings forecast amid weak demand for auto parts in Europe RE 07/30 LKQ: decline...
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