Why Is LKQ CORP (LKQ) Stock Down Today?

LKQ stock closed down 14.36% at $22.60 on July 30, 2026, following a weak Q2 earnings report and a cut to full-year guidance. The company reported adjusted earnings per share of $0.67, below the $0.71 estimate, and revenue of $3.408 billion, missing the $3.479 billion forecast. LKQ also lowered its FY2026 adjusted EPS guidance from $2.90, $3.20 to $2.60, $2.90 and GAAP EPS guidance from $2.16, $2.46 to $1.78, $2.08. The stock opened with a small 0.7% gap up at $22.75 but quickly fell to a session low of $22.73.

What Happened

LKQ’s Q2 earnings call revealed ongoing challenges in its European operations due to ERP system disruptions, which impacted results and led to a revised full-year outlook. North America and Specialty segments showed resilience, but the company’s overall performance fell short of expectations. LKQ also announced a $0.30 quarterly dividend, matching the previous payout, which yielded a forward dividend yield of 5.55%. Despite the dividend, the stock sank 16% in early trading, reflecting investor disappointment with the earnings miss and revised guidance.

What The Data Shows

LKQ’s market cap is $6.8 billion, with a P/E ratio of 11.3 and a 52-week range of $21.17 to $37.13. The stock has a beta of 0.82 and a dividend yield of 4.52%. Intraday trading showed minimal volume and a narrow price range, with the stock opening at $22.75 and closing the session at $22.73. Recent congressional trades involving former President Donald J. Trump included one sale and two purchases of LKQ stock in the last 90 days, with the most recent filing on July 1, 2026.

What To Watch

LKQ has no upcoming earnings date to note, but investors will closely monitor coverage breadth and any updates on its European ERP recovery plan.