Why LKQ (LKQ) Stock Is Nosediving
Shares of automotive parts company LKQ (NASDAQ:LKQ) fell 11.9% in the afternoon session after the company reported disappointing first quarter 2025 results which included a significant miss on full-year EBITDA guidance and revenue that fell short of expectations. Total revenue declined 6.5% year on year, with each business segment posting declines between 5% and 7%, driven by softer demand and limited pricing power. Even self-service, typically more stable, contracted nearly 6%. Overall, this wa