Latest news with #JustinJude
Yahoo
28-05-2025
- Automotive
- Yahoo
LKQ Publishes 2024 Global Sustainability Report
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going commitment and focus on driving profitable growth through highly efficient, responsible, and ethical business practices. The Company has a three-pillar strategy that includes: 1) profitably delivering sustainable solutions; 2) people-led performance; and 3) strong governance and ethical practices. This approach creates the framework to manage risks, while capitalizing on opportunities, that create long-term value aligned with the Company's core business of running efficient operations, reducing waste, and extending the lifecycle of alternative vehicle parts. 'LKQ embodies the principle that business excellence and sustainability are fundamentally connected. Having been part of the LKQ community for over two decades, I've experienced first-hand how our commitment to these principles drives innovation and creates value. Our foundation in the circular economy is about reimagining how our role in the vehicle industry can operate responsibly while delivering profitable growth,' stated Justin Jude, President and Chief Executive Officer. In 2024, LKQ achieved several milestones including: Processing 735,000 vehicles and selling nearly 12 million individual salvaged parts back into the circular economy. Lowering Scope 1 and Scope 2 greenhouse gas emissions across our global operations by 16%, relative to revenue, versus a 2022 baseline. We achieved this through increased use of renewable energy, fleet fuel initiatives, energy efficiency upgrades, network optimization, and business integration projects. Donating over $4 million through the LKQ Community Foundation to charitable causes in areas including health and wellness, education, veteran and global first responder support, and environmental stewardship, enabling us to connect with the communities in which we operate and strengthen our relationship with our key stakeholders and customers. Employees globally dedicating their time, skills, and resources to over 200 local initiatives that meaningfully address various social needs, which is an important part of our employee engagement and collaborative culture, while allowing us to spend time connecting with our local communities and customers. Please find our sustainability report here: About LKQ Corporation LKQ Corporation ( 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 OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts:Joseph P. BoutrossVice President, Investor RelationsLKQ Corporation(312) 621-2793 jpboutross@
Yahoo
28-05-2025
- Business
- Yahoo
LKQ Publishes 2024 Global Sustainability Report
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going commitment and focus on driving profitable growth through highly efficient, responsible, and ethical business practices. The Company has a three-pillar strategy that includes: 1) profitably delivering sustainable solutions; 2) people-led performance; and 3) strong governance and ethical practices. This approach creates the framework to manage risks, while capitalizing on opportunities, that create long-term value aligned with the Company's core business of running efficient operations, reducing waste, and extending the lifecycle of alternative vehicle parts. 'LKQ embodies the principle that business excellence and sustainability are fundamentally connected. Having been part of the LKQ community for over two decades, I've experienced first-hand how our commitment to these principles drives innovation and creates value. Our foundation in the circular economy is about reimagining how our role in the vehicle industry can operate responsibly while delivering profitable growth,' stated Justin Jude, President and Chief Executive Officer. In 2024, LKQ achieved several milestones including: Processing 735,000 vehicles and selling nearly 12 million individual salvaged parts back into the circular economy. Lowering Scope 1 and Scope 2 greenhouse gas emissions across our global operations by 16%, relative to revenue, versus a 2022 baseline. We achieved this through increased use of renewable energy, fleet fuel initiatives, energy efficiency upgrades, network optimization, and business integration projects. Donating over $4 million through the LKQ Community Foundation to charitable causes in areas including health and wellness, education, veteran and global first responder support, and environmental stewardship, enabling us to connect with the communities in which we operate and strengthen our relationship with our key stakeholders and customers. Employees globally dedicating their time, skills, and resources to over 200 local initiatives that meaningfully address various social needs, which is an important part of our employee engagement and collaborative culture, while allowing us to spend time connecting with our local communities and customers. Please find our sustainability report here: About LKQ Corporation LKQ Corporation ( 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 OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts:Joseph P. BoutrossVice President, Investor RelationsLKQ Corporation(312) 621-2793 jpboutross@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Reflecting On Specialized Consumer Services Stocks' Q1 Earnings: LKQ (NASDAQ:LKQ)
Looking back on specialized consumer services stocks' Q1 earnings, we examine this quarter's best and worst performers, including LKQ (NASDAQ:LKQ) and its peers. Some consumer discretionary companies don't fall neatly into a category because their products or services are unique. Although their offerings may be niche, these companies have often found more efficient or technology-enabled ways of doing or selling something that has existed for a while. Technology can be a double-edged sword, though, as it may lower the barriers to entry for new competitors and allow them to do serve customers better. The 10 specialized consumer services stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 0.6% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 4.4% on average since the latest earnings results. A global distributor of vehicle parts and accessories, LKQ (NASDAQ:LKQ) offers its customers a comprehensive selection of high-quality, affordably priced automobile products. LKQ reported revenues of $3.46 billion, down 6.5% year on year. This print fell short of analysts' expectations by 4.1%. Overall, it was a slower quarter for the company with full-year EBITDA guidance missing analysts' expectations significantly and a slight miss of analysts' organic revenue estimates. 'We are pleased with our first-quarter performance and are driven to sustain this momentum as we advance our operational excellence initiatives and generate long-term value despite market uncertainties. By embracing these initiatives, even with lower demand, the team's unwavering focus on optimizing the Company's cost structure is reflected in our year-over-year EBITDA percentage growth' stated Justin Jude, President and Chief Executive Officer. The stock is down 2.7% since reporting and currently trades at $41.01. Read our full report on LKQ here, it's free. Established in 2018 as a spin-off from ServiceMaster Global Holdings, Frontdoor (NASDAQ:FTDR) is a provider of home warranty and service plans. Frontdoor reported revenues of $426 million, up 12.7% year on year, outperforming analysts' expectations by 2.1%. The business had a very strong quarter with EBITDA guidance for next quarter exceeding analysts' expectations and an impressive beat of analysts' EPS estimates. Frontdoor achieved the fastest revenue growth and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 32.9% since reporting. It currently trades at $54.62. Is now the time to buy Frontdoor? Access our full analysis of the earnings results here, it's free. Founded in 1976, 1-800-FLOWERS (NASDAQ:FLWS) is an online retailer of flowers, gifts, and gourmet foods, serving customers globally. 1-800-FLOWERS reported revenues of $331.5 million, down 12.6% year on year, falling short of analysts' expectations by 9%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. 1-800-FLOWERS delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 10.5% since the results and currently trades at $5.19. Read our full analysis of 1-800-FLOWERS's results here. Founded in 1874 and headquartered in Boca Raton, Florida, ADT (NYSE:ADT) is a provider of security, automation, and smart home solutions, offering comprehensive services for home and business protection. ADT reported revenues of $1.27 billion, up 6.5% year on year. This result topped analysts' expectations by 2%. More broadly, it was a satisfactory quarter as it also logged an impressive beat of analysts' EPS estimates but a miss of analysts' customers estimates. The stock is up 7.3% since reporting and currently trades at $8.50. Read our full, actionable report on ADT here, it's free. Originally a death care company, Matthews International (NASDAQ:MATW) is a diversified company offering ceremonial services, brand solutions and industrial technologies. Matthews reported revenues of $427.6 million, down 9.3% year on year. This number came in 1.8% below analysts' expectations. It was a softer quarter as it also recorded a significant miss of analysts' EPS estimates and full-year EBITDA guidance missing analysts' expectations. The stock is up 5.4% since reporting and currently trades at $21.57. Read our full, actionable report on Matthews here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
