Core Insights - LKQ Corporation successfully closed the sale of its Self Service segment, returning $118 million to shareholders through share repurchases and cash dividends [1][8] - The company reported a revenue increase of 1.3% year-over-year for Q3 2025, reaching $3,499 million, despite a decline in organic revenue [2][33] - Adjusted diluted earnings per share (EPS) guidance for 2025 has been raised to a range of $3.00 to $3.15, reflecting improved operational performance and a one-time tax benefit [3][10] Financial Performance - Q3 2025 net income was $178 million, down from $187 million in Q3 2024, with diluted EPS decreasing by 2.8% to $0.69 [3][24] - Total parts and services revenue increased by 1.1%, with a notable 2.6% increase attributed to foreign exchange rates [2][34] - Cash flow from operations for Q3 2025 was $440 million, with free cash flow at $387 million [5][29] Strategic Initiatives - The company is focused on simplifying its business portfolio by divesting non-core assets and enhancing operational efficiencies [7][9] - LKQ aims to expand its lean operating model globally to drive productivity and improve execution [7] - The company is committed to disciplined capital allocation to maximize shareholder value and strengthen its balance sheet [9][10] Shareholder Returns - In Q3 2025, LKQ repurchased approximately 1.2 million shares for $40 million and distributed $78 million in cash dividends [8][9] - Since the initiation of the stock repurchase program in late 2018, the company has repurchased about 67.7 million shares for a total of $2.9 billion [8][9] - The Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on December 4, 2025 [8][9] 2025 Outlook - Following the divestiture of the Self Service segment, the company has updated its full-year outlook, projecting organic revenue growth for parts and services to be between -3.0% and -2.0% [10] - The updated diluted EPS guidance for 2025 is now set at $2.47 to $2.62, reflecting a more optimistic view based on recent performance [10][9] - Management expressed confidence in the company's strategy and momentum towards sustained value creation [9][10]

Financial Performance - Boise Cascade's Q1 2025 sales were $1.5 billion, a decrease of 7% compared to Q1 2024[4] - Net income for Q1 2025 was $40.3 million, or $1.06 per share, significantly lower than the $104.1 million, or $2.61 per share, in Q1 2024[4] - Adjusted EBITDA decreased by 46%, from $168.5 million in 1Q 2024 to $91.6 million in 1Q 2025[6] Segment Performance - Building Materials Distribution (BMD) sales were $1.4071 billion in 1Q 2025, down from $1.505 billion in 1Q 2024[6] - Wood Products sales were $415.8 million in 1Q 2025, down from $468.9 million in 1Q 2024[6] - BMD segment EBITDA was $62.8 million in 1Q25, compared to $83.6 million in 1Q24[28] - Wood Products segment EBITDA was $40.2 million in 1Q25, compared to $95.6 million in 1Q24[28] Capital Allocation - Capital expenditures totaled $53 million in 1Q 2025, with $31 million allocated to Wood Products and $22 million to BMD[23] - Share repurchases amounted to $54 million in 1Q 2025, with a total of $71 million repurchased year-to-date through April[23] - $10 million in dividends were paid in 1Q 2025[23] Outlook - The company anticipates that most housing starts forecasts ranging between flat to mid-single digit year-over-year declines[24]