NasdaqGS:LKQRetail Distributors
LKQ Resets Portfolio And Costs As Tariffs Pressure Profit Outlook
LKQ is overhauling its business, including selling its self service segment and reviewing a range of potential business alternatives.
The company has also approved a restructuring plan aimed at improving operational efficiency.
These moves come as LKQ faces macroeconomic and tariff pressures alongside softer demand conditions.
LKQ, traded as NasdaqGS:LKQ, is making these changes with its shares around $33.29. The stock is up 10.9% year to date, but has seen a 16.5% decline over the past...