LKQ Corporation Outlines ‘Charting Our Future’ Strategy to Deliver Shareholder Value at 2024 Investor Day
September 10 2024 - 7:00AM
LKQ Corporation (Nasdaq: LKQ) will host its 2024 Investor Day today
at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) and conclude at
approximately 1:00 p.m. Eastern Time (12:00 p.m. Central Time) at
its headquarters in Antioch, Tennessee.
The Investor Day will feature presentations by
Justin Jude, President and Chief Executive Officer, Rick Galloway,
Senior Vice President and Chief Financial Officer, and other
members of leadership team. The presentations will focus on LKQ’s
strategy, as well as business overviews and targets for growth and
margin expansion in the Wholesale – North America and Europe
segments.
“Our team's dedication to operational excellence
will allow us to fully leverage the scale of our global businesses
and chart the future into LKQ’s next chapter of growth,
profitability and disciplined capital allocation. We are confident
the strong execution of our strategic priorities will deliver value
to our shareholders,” noted Mr. Jude.
Key Takeaways from the
Presentation
- New leadership team with
operational expertise and simplified approach to deliver value
- Refined strategic priorities
focused on operational excellence to drive robust cash flow
- Wholesale – North America segment
focused on growing market share
- Europe segment focused on
leveraging scale to drive efficiencies
- Flexible approach to capital
allocation with a focus on return of capital to shareholders
Webcast and Presentation
Details
The webcast and accompanying slide presentation
will be available in the Investor Relations section of the
Company’s website (www.lkqcorp.com) on September 10, 2024. A replay
of the event will be available on the Company’s website the
following day.
About LKQ Corporation
LKQ Corporation (www.lkqcorp.com) is a leading
provider of alternative and specialty parts to repair and
accessorize automobiles and other vehicles. LKQ has operations in
North America, Europe and Taiwan. LKQ offers its customers a broad
range of OEM recycled and aftermarket parts, replacement systems,
components, equipment, and services to repair and accessorize
automobiles, trucks, and recreational and performance vehicles.
Contact:
Joseph P. Boutross LKQ CorporationVice
President, Investor Relations(312)
621-2793jpboutross@lkqcorp.com
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