USX:LKQ - LKQ Corp LKQ Corporation
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 25 Jul 2024
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USD 43.28    +1.63 (+3.91%)

24 Apr 2024


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General

CEO: Mr. Dominick P. Zarcone

IPO: 2003-10-03

Headquarters: US

Employees: 45,000

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Description

LKQ is a Global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, the company maintains approximately 1,700 facilities.

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