LKQ Corporation recently published the transcript of their Q2 2025 Earnings Call, which took place on July 24, 2025. The event was attended by key corporate participants, including Joseph P. Boutross, Justin L. Jude, and Rick Galloway, as well as several analysts and stakeholders. During the call, management highlighted the company's performance amidst challenging market conditions. They reported a positive volume in aftermarket products despite a 9% decline in repairable claims, with one executive noting, "Even though we push price, we maintained service levels which with the leverage impacted our margin somewhat, but we wanted to make sure we maintain our service levels." The discussion also focused on the European market, where the company is implementing a strategy to address legacy issues and underperformance. A member of the management remarked, "We are confident that we are on track with the three-year targets presented at our September 2024 Investor Day." Additionally, the call emphasized the importance of global talent development, with over 25% of VP-level roles being refreshed. The executive stated, "Ensuring we have the most talent and effective team is critical to our success." The full transcript can be accessed through the link below.