LKQ (LKQ) Q3 2016 Results - Earnings Call Transcript

Oct. 27, 2016 7:41 PM ETLKQ Corporation (LKQ)
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LKQ Corp. (NASDAQ:LKQ) Q3 2016 Earnings Call October 27, 2016 10:00 AM ET


Joseph P. Boutross - LKQ Corp.

Robert L. Wagman - LKQ Corp.

Dominick P. Zarcone - LKQ Corp.


Benjamin Bienvenu - Stephens, Inc.

Craig R. Kennison - Robert W. Baird & Co., Inc. (Broker)

Jamie Albertine - Consumer Edge Research LLC

Sam J. Darkatsh - Raymond James & Associates, Inc.

Nate J. Brochmann - William Blair & Co. LLC

Bret Jordan - Jefferies LLC

William R. Armstrong - C.L. King & Associates, Inc.

Jason A. Rodgers - Great Lakes Review


Good morning. My name is Sean and I will be your conference operator today. At this time, I would like to welcome everyone to the LKQ Corporation Third Quarter 2016 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a question-and-answer session. Thank you.

I will now turn the conference over to Joseph Boutross, Director of Investor Relations. Please go ahead, sir.

Joseph P. Boutross - LKQ Corp.

Thank you, operator. Good morning, everyone, and welcome to LKQ's third quarter 2016 earnings conference call. With us today are Rob Wagman and Nick Zarcone. Please refer to the LKQ website at for our earnings release issued this morning as well as the accompanying slide presentation for this call.

Now let me quickly cover the Safe Harbor. Some of the statements that we make today may be considered forward-looking. These include statements regarding our expectations, beliefs, hopes, intentions or strategies. Actual events or results may differ materially from those expressed or implied in the forward-looking statements as a result of various factors. We assume no obligation to update any forward-looking statements. For more information, please refer to the risk factors discussed in our Form 10-K and subsequent reports filed with the

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