LKQ Corp. outlines ‘Charting Our Future’ strategy at Investor Day

LKQ Corporation will host its 2024 Investor Day today at 10:00 a.m. Eastern Time and conclude at approximately 1:00 p.m. Eastern 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.