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Tag Archives: LKQ
FTC Report Cites Safelite Comments
Safelite, LKQ and others were among the companies highlighted by the Federal Trade Commission in its report to Congress last week as being critical of certain OEM practices of automobile manufacturers. The FTC report listed several ways in which manufacturers … Continue reading
LKQ Corporation Third Quarter Financials Out
LKQ Corporation (LKQ), parent company of PGW Auto Glass, reported a decrease in its revenue in the third quarter, which ended September 30, 2020. According to the financial report, which was released today, the company’s revenue is $3.0 billion; a … Continue reading
Posted in glassBYTEs Original Story
Tagged Dominick Zarcone, financial report, LKQ, LKQ Corp., Q3, Q3 2020 report, Varun Laroyia
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LKQ Corporation to Host 2020 Virtual Investor Day
LKQ Corporation (LKQ), parent company of PGW Auto Glass, announced it will host a virtual investor day on Thursday, September 10, 2020 at 9:30 a.m. Eastern time. According to the company, there will be presentations by members of its executive … Continue reading
LKQ Corporation Names New Board of Directors Member
LKQ Corporation (LKQ) today announced it appointed Jacob H. Welch of ValueAct Capital to its board of directors, effective August 12, 2020. “We are delighted to welcome Jake to LKQ’s board. Jake’s investment management track record and public market experience … Continue reading
Posted in glassBYTEs Headlines
Tagged Jacob H. Welch, Joseph M. Holsten, LKQ, LKQ Corp.
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Auto Glass Related Companies Make Fortune 500 Listing
Fortune 500 magazine ranked the biggest American companies in its June/July 2020 issue, a few of which are related to the auto glass and insurance industries. Several were in the top 100: Ford Motor landed the 12th spot earning $155,900 … Continue reading
Posted in glassBYTEs Original Story
Tagged Allstate, auto insurance companies, Auto-Owners Insurance, Corning, Dow, Erie Insurance Group, Farmers Insurance Exchange, Ford, Fortune 500, General Motors, Liberty Mutual Insurance Group, LKQ, Nationwide, Progressive, State Farm, Tesla, Travelers
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First Quarter Results Out for LKQ
LKQ Corporation (LKQ), parent company of PGW Auto Glass, reported several decreases in its first quarter in 2020, according to its latest financial report. The company’s first quarter revenue went down by 3.2%, to the tune of $3 billion. Net … Continue reading
Posted in glassBYTEs Original Story
Tagged Dominick Zarcone, LKQ, PGW Auto Glass, quarter one results
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LKQ Corporation Completes Sale of Two Czech Distributors
LKQ Corporation (LKQ), the parent company of PGW Auto Glass, recently announced that it has closed its agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. The terms of the transaction … Continue reading
Posted in glassBYTEs Headlines
Tagged Dominick Zarcone, LKQ, LKQ Corporation, PGW Auto Glass
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LKQ Corp. Hires New Federal Government Affairs VP
LKQ Corporation (LKQ) announced it has hired Tyler Threadgill as its federal government affairs vice president. Threadgill will join LKQ’s Washington, D.C., office and assist in growing the company’s government affairs presence. LKQ is a distributor of alternative and specialty … Continue reading
LKQ Corporation Agrees to Sell Two Czech Distributors
LKQ Corporation announced the execution of a definitive agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. The terms of the transaction were not disclosed. In May 2018, the European Commission … Continue reading
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Tagged Czech distributors, Dominick Zarcone, LKQ, new agreement
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LKQ Grew Its Revenue by $3.15 Billion in Q3
LKQ Corporation (LKQ), parent company of PGW Auto Glass, reported a $3.15 billion revenue growth in the third quarter growth in the company’s latest financial results. The company reported $3.15 billion for its revenue which represents a 0.8% increase, compared … Continue reading
Posted in glassBYTEs Original Story
Tagged Dominick Zarcone, financial report, LKQ, LKQ Corp., Q3
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LKQ Corporation Announces Continued Board Refreshment
LKQ Corporation (LKQ) announced it has appointed Patrick Berard to its board of directors effective yesterday, as part of the board’s ongoing refreshment process. Berard is the CEO of Paris-based Rexel Group. LKQ also announced that A. Clinton Allen and … Continue reading
Posted in glassBYTEs Headlines
Tagged Joseph Holsten, LKQ, LKQ Corp., Patrick Berard
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LKQ Corporation Issues Statement on 13D Filing
LKQ Corporation Issues Statement on 13D Filing.
LKQ Announces European Management Succession
Today LKQ Corporation announced that John S. Quinn, executive vice president and CEO of LKQ Europe, submitted his notice of retirement and Arnd Franz, LKQ Europe chief operating officer, will succeed Quinn effective October 1, 2019. “I am highly confident … Continue reading
Posted in glassBYTEs Headlines
Tagged Arnd Franz, Dominick Zarcone, John Quinn, LKQ, LKQ Corporation
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LKQ Corporation Reports Expected Earnings for Second Quarter
LKQ Corporation (LKQ), parent company of PGW Auto Glass, had a successful second quarter, according to the company’s latest financial results released today. The company reported a 7.2% or $3.25 billion increase in its revenue. This is compared to its … Continue reading
Posted in glassBYTEs Original Story
Tagged financial report, LKQ, LKQ Corporation, PGW Glass, Q2
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Cleararc Capital Inc. Acquires New Stake in LKQ Co.
Cleararc Capital Inc. acquired 7,620 shares of LKQ Co. (LKQ) during its first quarter, according to a recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired approximately $216,000 in LKQ’s shares. Other institutional investors have also added … Continue reading
Posted in glassBYTEs Original Story
Tagged Cleararc Capital Inc, company shares, LKQ, SEC
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LKQ Corporation Gets New Senior Vice President of Government & Regulatory Affairs
LKQ Corporation announced it has hired Ian P. Musselman as its senior vice president of government and regulatory affairs. Musselman will open LKQ’s Washington, D.C. office and help establish a federal government affairs presence, as well as oversee existing government … Continue reading
LKQ Corporation Reports Expected Earnings for First Quarter
LKQ Corporation (LKQ), parent company of PGW Auto Glass, had a first quarter that was right on par with its expectations, according to the company’s latest financial results released today. LKQ reported a 14% or $3.1 billion increase in its … Continue reading
Posted in glassBYTEs Original Story
Tagged 2019 Q1, Dominick Zarcone, financial report, LKQ, PGW
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LKQ Corporation Reports Growth for Fourth Quarter and Year
LKQ Corporation, parent company of PGW Auto Glass, saw growth in its fourth quarter in 2018 and the year as a whole, according to its latest financial results. The company’s revenue increased by 22 percent, which is an increase of … Continue reading
PGW Auto Glass Acquires Sigma Distributing
PGW Auto Glass, an LKQ company, has acquired Sigma Distributing Companies, an independent wholesaler that provides auto glass, exhaust and automotive supplies, effective October 16. Sigma Distributing was founded in Wichita, Kan., in 1984, and his since expanded throughout the … Continue reading
LKQ Corporation Appoints New Chief Financial Officer
LKQ Corporation has appointed Varun Laroyia as executive vice president and chief financial officer (CFO), effective October 1, 2017. Laroyia brings extensive financial experience to LKQ, including a background with global public companies in corporate finance, operations management, systems, and … Continue reading
Industry Firms Make Forbes’ World’s Biggest Public Companies List
Forbes recently released its 2017 Global 2000 list of the world’s biggest public companies. The list features several firms within the automotive glass industry, including Saint-Gobain and Fuyao Glass. In the report, a company’s sales, profit, assets and market value … Continue reading
Posted in glassBYTEs Headlines
Tagged AGC, Corning, Dow, Fuyao, LKQ, Saint-Gobain, Sika
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LKQ Corp. Reports Strong Second Quarter Revenue Growth
LKQ Corporation, former owner of Pittsburgh Glass Works (PGW), had a strong second quarter, bringing in $2.46 billion in revenue—an increase of 6.7 percent compared to 2016’s $2.30 billion second quarter earnings. This is according to the company’s latest financial … Continue reading
LKQ Corporation Reports 21.9 Percent Revenue Growth in First Quarter
LKQ Corporation reported record revenue growth of $2.34 billion in its financial results for the first quarter of 2017. This is an increase of 21.9 percent, in contrast to the first quarter of 2016, where the company made $1.92 billion. … Continue reading
LKQ Corporation Finalizes Sale of PGW to Vitro, S.A.B
LKQ Corporation’s sale of PGW’s OEM glass manufacturing business to Vitro, S.A.B has been completed for the agreed price of $310 million. “This divestiture, and the retention of the PGW aftermarket glass distribution business, reflects LKQ’s ongoing commitment to being a … Continue reading
LKQ Corp. Reports 19.3% Revenue Growth
LKQ Corp. has released the results for its financial performance in the fourth quarter and full year of 2016. Net income in the fourth quarter has decreased 9.2% with $86.6 million in contrast to 2015 where the company made $95.1 … Continue reading
LKQ Revamps 2016 Financial Guidance Based on PGW, Rhiag Acquisitions
Thanks to the acquisitions of Pittsburgh Glass Works (PGW) and Rhiag, a Pan-European business-to-business distributor of aftermarket spare vehicle parts, LKQ Corp. has pushed its 2016 guidance to higher figures for three out of four financial metrics. This is according to the company’s first-quarter financial report released today. Continue reading
Posted in glassBYTEs Headlines
Tagged AGRR, First Quarter, glassBYTEs.com, LKQ, PGW, Pittsburgh Glass Works
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LKQ Corp. Agrees to Acquire Keystone Automotive Operations
LKQ Corp. has signed an agreement to acquire Keystone Automotive Operations Inc., a distributor and marketer of specialty aftermarket equipment and accessories in North America, for $450 million. The transaction is expected to be completed in the first quarter of 2014 and is subject to customary closing conditions and necessary regulatory approvals.
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Posted in glassBYTEs Headlines
Tagged AGRR, glassBYTEs, Keystone Automotive Operations Inc., LKQ, LKQ Corp., Robert L. Wagman
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