The Latest Breaking News from LKQ

A Relative Strength Rating upgrade for LKQ shows improving technical performance.

Auto parts retail stocks fit the demand for defensive growth. GPC stock eyes a buy point as Genuine Parts earnings beat.

LKQ Corp (NASDAQ:LKQ) reported first-quarter FY22 sales growth of 5.6% year-on-year to $3.35 billion, marginally above the consensus of $3.30 billion. Revenue in North America rose 14.2% Y/Y, and Europe increased 1.8%. Gross margin for the quarter compressed 30 basis points Y/Y to 40.5%. Operating margin contracted 60 basis points to 11.1%, and…

  LKQ (NASDAQ:LKQ) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings LKQ beat estimated earnings by 8.7%, reporting an EPS of $1.0 versus an estimate of $0.92.

The demand for auto parts remains strong, as evidenced by surging e-commerce aftermarket sales. Despite deepening supply chain disruptions, strong demand and technological advancements in manufacturing processes should benefit the industry in the coming months. Therefore, we think it could be wise to scoop up quality auto parts stocks LKQ…

If history is any guide, there may be trouble ahead for shares of LKQ (NASDAQ:LKQ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Rising tensions between Ukraine and Russia and the Fed’s decision to raise interest rates several times this year are expected to keep the stock market volatile. So, it could be wise to scoop up shares of fundamentally sound large-cap solid stocks Centene (CNC), Genuine Parts (GPC), LKQ (LKQ), and Albertsons…

Despite current, multi-decade high inflation, consumer spending rose in January as omicron-variant worries receded. Motor vehicle and parts dealers witnessed a 5.7% rise in retail sales as demand for automobiles climbed thanks to the continuing economic recovery. So, we think it could be wise to bet on quality auto parts…

LKQ Corp (NASDAQ:LKQ) reported fourth-quarter FY21 sales growth of 7.8% year-on-year, to $3.19 billion, beating the analyst consensus of $3.09 billion. Revenue in North America rose 9.2% Y/Y, and Europe increased 4.3%. The gross margin for the quarter expanded 30 basis points Y/Y to 39.9%. The operating margin contracted 20 basis points to…