LKQ posts Q3 loss, replaces CEO amid Europe struggles

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Go back to LKQ posts Q3 loss, replaces CEO amid Europe struggles

LKQ Corporation Announces Preliminary Third Quarter 2026 Results and Leadership and Operational Actions

October 23, 2026 8:02 AM EDT

Salvatore A. Abbate appointed President and Chief Executive Officer

Third quarter results reflect significant underperformance in Europe

Alvarez & Marsal retained to advise Company on European operations

Withdraws full-year 2026 guidance

ANTIOCH, Tenn., Oct. 23, 2026 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced preliminary, unaudited results for the third quarter ended September 30, 2026, as well as leadership and operational actions intended to address recent performance and position the Company for improved execution under new leadership.

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