LKQ Corp. Faces 17.8% Drop Amid Tariff Concerns

Reported 1 day ago

LKQ Corporation's stock plummeted by 17.82% to $31.73 after the company revised its growth outlook downward due to ongoing tariff uncertainties. The firm now anticipates a decline in organic revenues between 1.5% and 3.5%, down from previous growth expectations. Despite a quarterly profit increase, LKQ’s revenues also fell by 1.9%, prompting the board to declare a $0.30 per share dividend, payable on August 28, 2025.

Source: YAHOO

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