Exhibit 99.1

lkqpressreleaseimage.jpg

LKQ CORPORATION ANNOUNCES RESULTS FOR SECOND QUARTER 2018

Revenue growth of 23.3% to $3.03 billion
Organic revenue growth for parts and services of 7.2%
Growth of net income attributable to LKQ stockholders of 4.0% to $157 million; adjusted net income increased 17.6%
Second quarter 2018 diluted EPS attributable to LKQ stockholders of $0.50; adjusted diluted EPS of $0.61
2018 annual earnings guidance updated

Chicago, IL (July 26, 2018) - LKQ Corporation (Nasdaq:LKQ) today reported record revenue for the second quarter of 2018 of $3.03 billion, an increase of 23.3% as compared to $2.46 billion in the second quarter of 2017. For the second quarter of 2018, parts and services organic revenue growth was 7.2% and acquisition revenue growth was 12.7%, while the impact of exchange rates was 2.9%, for total parts and services revenue growth of 22.8%.
Net income attributable to LKQ stockholders for the second quarter of 2018 was $157 million, up 4.0% year-over-year. On an adjusted basis, net income attributable to LKQ stockholders was $192 million, an increase of 17.6% as compared to the $163 million for the same period of 2017. Diluted earnings per share attributable to LKQ stockholders for the second quarter of 2018 was $0.50 as compared to $0.49 for the same period of 2017, an increase of 2.0%. On an adjusted basis, diluted earnings per share attributable to LKQ stockholders for the second quarter of 2018 was $0.61, an increase of 15.1% as compared to $0.53 for the same period of 2017.
Dominick Zarcone, President and Chief Executive Officer of LKQ Corporation, stated, “I am very pleased with the 7.2% organic parts and services revenue growth we achieved in the quarter as it reflects a sequential organic revenue growth rate improvement in each of our North American, European and Specialty segments, which witnessed organic parts and services growth of 7.4%, 8.3% and 4.1%, respectively. This growth reflected a reversal of some of the transitory items noted in our commentary in the first quarter of 2018, as well as better than expected performance in each business. I am particularly proud of the ability of our European teams to address the challenges we faced in the first quarter and deliver a 130 basis point improvement in sequential Segment EBITDA margin.”
On a six month year-to-date basis, revenue was $5.75 billion, an increase of 19.8% from $4.80 billion for the comparable period of 2017. Parts and services organic revenue growth for the first six months of 2018 was 5.5%. Net income from continuing operations attributable to LKQ stockholders for the first six months of 2018 was $310 million, an increase of 6.3% as compared to $292 million for the first half of 2017. Diluted earnings per share from continuing operations attributable to LKQ stockholders for the first six months of 2018 was $0.99, an increase of 5.3% as compared to $0.94 for the same period of 2017. On an adjusted basis, diluted earnings per share from continuing operations attributable to LKQ stockholders for the first six months of 2018 was $1.16, an increase of 13.7% as compared to $1.02 for the same period of 2017.



The following information was filed by Lkq Corp (LKQ) on Thursday, July 26, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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