LKQ CORPORATION (NASDAQ:LKQ) Files An 8-K Results of Operations and Financial Condition

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LKQ CORPORATION (NASDAQ:LKQ) Files An 8-K Results of Operations and Financial Condition
Item 2.02

Results of Operations and Financial Condition.

On February 22, 2018, LKQ Corporation (the "Company") issued a press release regarding its fourth quarter and full year 2017 financial results and 2018 financial guidance. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

The Company is making reference to non-GAAP financial information in both the press release and the related conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release and in the slide presentation relating to the conference call and webcast (which is available at www.lkqcorp.com).

Item 9.01

Financial Statements and Exhibits.

(d)Exhibits

Exhibit

Number

DescriptionofExhibit

LKQ Corporation Press Release dated February 22, 2018.


LKQ CORP Exhibit
EX-99.1 2 exhibit991q42017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1LKQ CORPORATION ANNOUNCES RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017•Annual revenue growth of 13.4% to $9.74 billion; fourth quarter growth of 14.9%•Annual organic revenue growth for parts and services of 4.1%; fourth quarter organic growth of 4.8%•Tax reform net benefit of $22 million recognized in the fourth quarter•Annual diluted EPS from continuing operations attributable to LKQ stockholders of $1.74; adjusted diluted EPS of $1.88•Fourth quarter 2017 diluted EPS from continuing operations attributable to LKQ stockholders of $0.41; adjusted diluted EPS of $0.41•2018 annual guidance providedChicago,…
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About LKQ CORPORATION (NASDAQ:LKQ)

LKQ Corporation (LKQ) is a global distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories. The company distributes a range of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, and recycled collision and mechanical products. It operates through four segments: Wholesale – North America; Europe; Specialty, and Self Service. Its wholesale automobile product operations sell five product types (aftermarket, recycled, remanufactured, refurbished and original equipment manufacturers (OEMs) parts). The European wholesale operating segment includes Euro Car Parts Holdings Limited (ECP). The Specialty operating segment includes Keystone Automotive Holdings, Inc. (Keystone Specialty). The Company’s self service segment retail operations sell parts from older cars and light-duty trucks directly to consumers.