LKQ's CEO Discusses Q1 2012 Results - Earnings Call Transcript

LKQ (LKQX)

Q1 2012 Earnings Call

April 26, 2012 10:00 am ET

Executives

Joseph P. Boutross - Director of Investor Relations

Robert L. Wagman - Chief Executive Officer, President and Director

John S. Quinn - Chief Financial Officer and Executive Vice President

Analysts

Nathan Brochmann - William Blair & Company L.L.C., Research Division

Scott L. Stember - Sidoti & Company, LLC

Craig R. Kennison - Robert W. Baird & Co. Incorporated, Research Division

William R. Armstrong - CL King & Associates, Inc.

Patrick Palfrey - RBC Capital Markets, LLC, Research Division

Gary F. Prestopino - Barrington Research Associates, Inc., Research Division

John Lovallo - BofA Merrill Lynch, Research Division

Unknown Analyst

Presentation

Operator

Greetings, and welcome to the LKQ Corporation First Quarter 2012 Results Teleconference. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Joe Boutross, Director of Investor Relations. Thank you. Mr. Boutross, you may begin.

Joseph P. Boutross

Thanks, LaTonya. Good morning, everyone, and thank you for joining us today. This morning, we released our first quarter 2012 financial results and updated our full year 2012 guidance. In the room with me today are: Rob Wagman, President and Chief Executive Officer; and John Quinn, Executive Vice President and Chief Financial Officer. Rob and John have some prepared remarks, and then we will open the call up for questions.

In addition to the telephone access for today's call, we are providing an audio cast via the LKQ website. A replay of the audio cast and conference call will be available shortly after the conclusion of this call.

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