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LKQ Corporation appointed Sal Abadi CEO effective December 15th, suspended full year 2026 guidance and the strategic review, and reported third quarter revenue of approximately $3.3 billion, down 5.1%, with diluted loss per share of $0.09.
LKQ suspended its strategic review, including the Specialty segment sales process, on October 29, 2026, so new leadership can assess the business and value-creation pathways. It also recorded an $88 million Specialty goodwill impairment after underperformance.
LKQ Corporation reported third quarter 2026 revenue of $3.3 billion, down 5.1%, and a net loss of $24 million. It suspended its strategic review, including the Specialty segment sales process, and withdrew full-year 2026 guidance.
LKQ Corporation reported preliminary third-quarter revenue of $3.32 billion and net loss of $16 million to $32 million, appointed Salvatore A. Abbate CEO effective December 15, 2026, retained Alvarez & Marsal for European operations, and withdrew full-year 2026 guidance.
