Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · LKQ (LKQ)

LKQ cuts 2026 EPS outlook as Q2 revenue falls 3.0% and profit drops 28%

Negative Impact 4 of 5 guidance Written later

LKQ reported second quarter 2026 revenue of $3.4 billion, down 3.0% from a year earlier, and diluted earnings per share from continuing operations of $0.52 versus $0.72. The company lowered its full-year 2026 diluted EPS outlook to $1.78 to $2.08 from $2.16 to $2.46, citing a slower-than-expected recovery in Europe after the ERP implementation in Germany. The strategic review, which includes a possible sale of the company, remains active with no set timetable.

Key points

  • Q2 2026 revenue was $3.4 billion, down 3.0% from $3.5 billion; parts and services organic revenue fell 5.1%
  • Q2 diluted EPS from continuing operations was $0.52 versus $0.72; adjusted diluted EPS was $0.67 versus $0.84
  • 2026 diluted EPS outlook cut to $1.78 to $2.08 from $2.16 to $2.46; adjusted diluted EPS outlook cut to $2.60 to $2.90 from $2.90 to $3.20
  • Board's strategic review, announced January 2026, includes a possible sale of the company; no deadline or definitive timetable has been set

The filing

CompanyLKQ (LKQ)
Form8-K, current report
Filed with the SECJul 30, 2026, 7:36 AM ET
Accession number0001065696-26-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.