Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand – ET Auto
Baua Electric
APRIL 24, 2024
Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It now expects to report organic revenue growth for parts and services between 2.5% for 2024, down from its prior guidance of 3.5% to USD4.20
Let's personalize your content