Lithia Motors

Lithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles. It operates through the following segments: Domestic, Import and Luxury. The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors, and Ford. The Import segment consists of automotive franchises that sell new vehicles manufactured by Honda, Toyota, Subaru, Nissan, and Volkswagen. The Luxury segment includes retail automotive franchises that sell new vehicles manufactured by BMW, Mercedes-Benz, and Lexus. The company was founded by Walt DeBoer and Sidney B. DeBoer in 1946 and is headquartered in Medford, OR.

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Lithia Motors posts record revenue growth, eyes profitability in 2023

Lithia Motors (LAD) delivered strong financial performance in 2022, with robust revenue growth and strategic acquisitions driving expansion and profitability.
Challenges such as declining new vehicle GPUs and affordability issues in the value auto segment require targeted strategies for sustainable growth.
Opportunities lie in Driveway Finance's growth potential, market recovery in used car volumes, and cost-saving initiatives, positioning LAD for continued success.
Overall, LAD's focus on balancing growth and returns, alongside a strategic outlook for 2023, underscores its commitment to shareholder value and sustainable expansion.

Lithia Motors & Driveway report Q1 growth, eye $50B revenue by 2025

Lithia Motors & Driveway show resilience with revenue growth and strategic acquisitions. DFC's focus on high credit quality contracts and profitability by 2024. Company optimistic about achieving ambitious revenue and EPS targets by 2025.

Lithia Motors reports strong Q2 earnings, eyes $50B revenue by 2025

Lithia Motors is on track to meet its 2025 revenue target of $50 billion, emphasizing shareholder value and strategic acquisitions. The company faces challenges in inventory management and pricing pressures but sees opportunities in sustainable vehicle sales and e-commerce growth.

Lithia Motors reports robust Q3 earnings, eyes tech-driven growth

Lithia Motors and Driveway show strong revenue growth and profitability in Q3. Focus on enhancing customer experience and expanding market share through tech investments.
Challenges include maintaining credit standards, variable sales performance, and increasing Driveway's post-sale business. Opportunities lie in pending acquisitions, tech investments, and customer experience.
Despite challenges, Lithia remains confident in guidance and aims to achieve 2025 targets. The company's performance and strategic focus position it well for future growth and market share gains.

Lithia Motors reports robust Q4 earnings, eyes $50B revenue target

Lithia Motors' strong financial performance in Q4 and full-year 2023, driven by new vehicle sales and acquisitions, positions the company for continued growth. Challenges in used vehicle sales and GPU dynamics require strategic adjustments for profitability. Opportunities lie in achieving revenue targets, enhancing customer experiences, and improving leasing penetration.

Lithia Motors reports robust Q1 revenue growth and profitability strategies

Lithia Motors delivered strong revenue growth and maintained a focus on profitability through cost-cutting measures and strategic initiatives. Driveway's progress towards profitability and online sales channel success are notable highlights.
Challenges include managing SG&A costs, optimizing operations in the U.K., and ensuring efficient marketing spend for sustained growth. Opportunities exist in enhancing profitability, customer experience, and operational efficiency.
Overall, Lithia Motors and Driveway are poised for growth through market share expansion, cost reductions, and customer-centric strategies. Balancing challenges with opportunities will be crucial for sustained success in the future.

Lithia Motors excels in Q2 with record revenue and strategic investments

Lithia Motors delivered strong financial performance, focusing on profitability and operational efficiency. Strategic investments and acquisitions are key drivers of growth, while challenges in balancing acquisitions and buybacks exist. Opportunities lie in optimizing performance and enhancing customer experiences for global expansion.

Lithia Motors reports record revenue and cost savings in Q3

Lithia Motors delivered a strong Q3 performance with record revenue, cost savings, and profitability, showcasing effective financial management
The company's focus on operational efficiencies, acquisitions, and shareholder value creation positions it well for future growth and success
While facing challenges in inventory strategies and market uncertainties, Lithia Motors has opportunities to drive growth through cost savings and operational enhancements

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CORAL SPRINGS, Fla--(BUSINESS WIRE)--The Presidio Group exclusively advised Qvale Auto Group on the strategic sale of two Audi dealerships located in Florida.

The Presidio Group Advises on the Sale of Two Qvale Audi Dealerships in South Florida to Lithia Motors

MEDFORD, Ore., Nov. 16, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today their entrance into South Florida with the addition of Audi Fort Lauderdale and Audi Coral Springs.

Lithia & Driveway (LAD) Enters South Florida with the Addition of Two Audi Stores

The pace of price growth for used cars has started to slow steadily, with the saturation of the market. However, the prices are still high.

Lithia Motors: Demand For Cars Is Still Hot

MEDFORD, Ore., Nov. 9, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced their entrance into North American powersports with the acquisition of Pfaff Harley-Davidson in Toronto, Canada.

Lithia & Driveway (LAD) Enters North American Powersports Market with Addition of Pfaff Harley-Davidson Dealership

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A company that is capable of generating earnings well above its interest expense can withstand financial hardship. O'Reilly Automotive (ORLY), CBRE Group (CBRE), Lithia Motors (LAD), The Interpublic Group (IPG) and Aflac (AFL) are strong enough to meet financial obligations.

5 Stocks That Flaunt an Impressive Interest Coverage Ratio

The average of price targets set by Wall Street analysts indicates a potential upside of 39.3% in Lithia Motors (LAD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Lithia Motors (LAD) Have the Potential to Rally 39% as Wall Street Analysts Expect?

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Bull of the Day: Lithia Motors (LAD)

Lithia's (LAD) Q3 earnings and sales surge 63% and 70.4% year on year, respectively.

Lithia (LAD) Q3 Earnings Beat Estimates, Sales Surge 70.4% Y/Y

Lithia Motors, Inc. (LAD) CEO Bryan DeBoer on Q3 2021 Results - Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Lithia Motors (LAD) a Great Value Stock Right Now?

Lithia Motors (LAD) delivered earnings and revenue surprises of 14.15% and 1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Lithia Motors (LAD) Q3 Earnings and Revenues Surpass Estimates

Lithia Motors Inc (NYSE: LAD) reported third-quarter FY21 sales growth of 70.4% year-on-year, to $6.17 billion, beating the analyst consensus of $5.8 billion. New vehicle retail revenues increased 53.9% Y/Y, and used vehicle retail revenues rose 90.2%.

Lithia Motors Q3 Earnings Top Estimates

Shares of Lithia Motors Inc. LAD, +0.08% were indicated up about 1% in premarket trading Wednesday, after the auto retailer reported third-quarter profit and revenue that rose sharply and were well above expectations. Net income nearly doubled, to $307.9 mullion, or $10.11 a share, from $158.8 million, or $6.86 a share, in the year-ago period.

Lithia Motors stock set to rally after profit and revenue rise well above forecasts

MEDFORD, Ore., Oct. 20, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history.

Lithia & Driveway (LAD) Increases Revenue 70%, EPS 47%, And Adjusted EPS 63%, Record Third Quarter Performance

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Lithia Motors(NYSE:LAD) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Earnings Outlook For Lithia Motors

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Discouragingly, the Zacks model does not predict a Q3 earnings beat for Lithia (LAD), as the auto retailer doesn't possess the right combination of the two key ingredients.

Can Lithia (LAD) Maintain its Earnings Beat Streak in Q3?

Lithia Motors (LAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lithia Motors (LAD) Earnings Expected to Grow: Should You Buy?

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There has been a flurry of deal making in the auto retail space of late. Kerrigan Advisers predicts that 2021 would mark the biggest year for dealership M&A activities in decades.

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RVLV, JBL, and LAD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 11, 2021.

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JBL, AN, M, and LAD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 7, 2021

News for Lithia Motors Stock (LAD)