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home / news releases / LKQ - LKQ Corporation: FY 2024 Adjusted Net Income Guidance Is Achievable

LKQ - LKQ Corporation: FY 2024 Adjusted Net Income Guidance Is Achievable

LKQ Corporation

2024-04-26 09:09:17 ET

Summary

  • I recommended a buy given the potential for recovery in the North America and continued growth in Europe.
  • LKQ provides automotive spare parts and has a competitive advantage in terms of scale and inventory procurement.
  • Despite weak organic growth in 1Q24, LKQ's momentum in alternative parts utilization and cost consolidation efforts are positive.

Investment summary

For further details see:

LKQ Corporation: FY 2024 Adjusted Net Income Guidance Is Achievable
Stock Information
Company Name: LKQ Corporation
Stock Symbol: LKQ
Market: NASDAQ
Website: lkqcorp.com
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