LKQ
Q1 2022 Earnings Call
Apr 28, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the LKQ Corporation's first quarter 2022 earnings conference call. [Operator instructions] Thank you.
Joe Boutross, vice president of investor relations for LKQ Corporation, you may begin your conference.
Joe Boutross -- Vice President, Investor Relations
Thank you, operator. Good morning, everyone, and welcome to LKQ's first quarter 2022 earnings conference call. With us today are Nick Zarcone, LKQ's president and chief executive officer; and Varun Laroyia, executive vice president and chief financial officer. Please refer to the LKQ website at lkqcorp.com 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 SEC. During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in today's earnings press release and slide presentation.
Hopefully, everyone has had a chance to look at our 8-K, which we filed with the SEC earlier today. And as normal, we are planning to file our 10-Q in the coming days. And with that, I am happy to turn the call over to our CEO, Nick Zarcone.
Nick Zarcone -- President and Chief Executive Officer
Thank you, Joe, and good morning to everyone. I will provide some high-level comments on what was a robust quarter for LKQ from many different perspectives before Varun walks you through some of the financial details and our increased financial guidance. I will then close with a few observations before opening the call to your questions. As we entered 2022, who would have thought the world would experience events more traumatic than the pandemic we all have been living through? Just when everyone thought we had turned the corner and we're headed toward the new normal, in late February, Russian tanks rolled into Ukraine, and everything changed overnight.