LKQ misses Q3 expectations due to Europe weaknesses and appoints new CEO
LKQ reported a preliminary third quarter net loss, primarily driven by underperformance in Europe, and appointed new CEO Salvatore Abbate. The company has withdrawn full-year guidance amid operational issues.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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