LKQ’s Q2 Earnings Call: Our Top 5 Analyst Questions
LKQ’s second quarter results were met with a significant negative market reaction, as the company’s non-GAAP profit came in below Wall Street’s expectations despite revenue meeting consensus estimates. Management pointed to persistent softness in both North American and European end markets, with CEO Justin Jude noting that “the results are yet to show this progress and the macro headwinds necessitated our revised guidance.” Leadership highlighted heightened competition, weak repairable claims v