Obviously there is a lot I could wave the pom pon about given LKQ's impressive second quarter earnings results (diluted eps up 23.8% adjusting for a tax item.)  But I would also encourage you to look at today's 2Q07 metrics table that shows you LKQ's second quarter results per facility.  Negative in pretty much every category (revenues, gross profit, operating income, net income!) 

So what I should be saying right now is that management needs to slow down its acquisition pace (where the number of facilities were up roughly 30%) and focus more on integration.  Because they could be headed for a serious digestion problem. 

But since the company has announced the acquisition of Keysto ...

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Related Companies: Keystone Auto Parts
LKQ Corp.