LKQ Corp

LKQ: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Rlbrdt	Wypyqplx

LKQ Earnings: We Think Operational Improvements Will Lead to a Solid 2024

Dawit Woldemariam

Feb 22, 2024

LKQ reported solid fourth-quarter earnings to close out 2023. On an organic basis, sales in the parts and services business grew nearly 3% year over year, while total revenue increased nearly 2% compared with the same period a year ago (includes other revenue). Sales increased in both North America and Europe, which were up roughly 5% and 4%, respectively, in the quarter.

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