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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lithia Motors, Inc. (LAD) CEO Bryan DeBoer on Q3 2020 Results - Earnings Call Transcript

Lithia Motors (LAD) delivered earnings and revenue surprises of 10.95% and 1.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Lithia Motors (LAD) Q3 Earnings and Revenues Beat Estimates

Shares of Lithia Motors (NYSE:LAD) rose 1.5% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 103.24% year over year to $6.89, which beat the estimate of $5.86.

Lithia Motors: Q3 Earnings Insights

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history. Third quarter 2020 revenue increased 9% to $3.6 billion from $3.3 billion in the third quarter of 2019. Third quarter 2020 net income per diluted share was $6.86, an 88% increase from $3.64 per diluted share reported in the third quarter of 2019. Adjusted third quarter 2020 net income per diluted share was $6.89, a 103% increase compared to

Lithia Reports Highest Quarterly Net Income in Company History

While Lithia (LAD) is anticipated to have benefited from higher new and used car sales, lower year-over-year gross margins from the Used Vehicle segment might have dented profits in Q3.

Key Factors to Influence Lithia's (LAD) Earnings This Season

Lithia Motors (LAD) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors

Surging Earnings Estimates Signal Good News for Lithia Motors (LAD)

Lithia Motors (LAD) closed at $266.32 in the latest trading session, marking a -0.19% move from the prior day.

Lithia Motors (LAD) Stock Moves -0.19%: What You Should Know

Group 1 Automotive

Rent-A-Center

Scotts Miracle-Gro

Thor Industries

Getting into these stocks early can fetch big gains.

Estimates Rising on These 5 Buy-Ranked Stocks

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2020 earnings will be released before the market opens on Wednesday, October 21, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit www.lithiainvestorrelations.com and click on webcasts. About Lithia Lithia

Lithia Schedules Release of Third Quarter 2020 Results

Is (LAD) Outperforming Other Retail-Wholesale Stocks This Year?

Is Lithia Motors (LAD) Stock Outpacing Its Retail-Wholesale Peers This Year?

TopBuild

BRP Inc

WESCO

It is important for investors to buy stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.

4 Top-Ranked Stocks to Buy for Stellar Earnings Growth

FedEx

Jabil

Boston Beer Company

Target

At this stage, it will be prudent to invest in growth stocks with a favorable Zacks Rank that popped in the past month.

7 Top Growth Picks for October on Truncated Stimulus Hope

Lithia Motor's (LAD) domestic footprint in Northeastern United States is set to be augmented by the acquisition of Latham Ford.

Lithia Continues Network Expansion, Acquires Latham Ford

Sonic Automotive

Auto retailers including Group 1 (GPI), Lithia Motors (LAD) and Sonic Automotive (SAH) have reported impressive preliminary numbers and are set to deliver stellar results for third-quarter 2020.

3 Top-Ranked Auto Retailers Poised for Robust Q3 Results

As of late, it has definitely been a great time to be an investor in Lithia Motors.

Lithia Motors' Shares March Higher, Can It Continue?

Lithia Motors (LAD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Lithia Motors (LAD) Stock

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) announced today the purchase of Latham Ford serving the Albany, NY, metropolitan area. “We are pleased to add Latham Ford to the Lithia Family, further strengthening our ability to serve our communities in the Northeastern United States,” said Bryan DeBoer, Lithia Motors President and CEO. Latham Ford is expected to add $55 million in annualized revenue, bringing Lithia's total network expansion to over $1.75 billion in revenue thu

Lithia Motors Adds Another $55 Million in Revenue to Growing Network

Lithia Motors (LAD) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love Lithia Motors (LAD)

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of its public offering (the “Offering”) of 3,181,819 shares of its Class A common stock (the “common stock”) at a price to the public of $220.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 477,272 shares of common stock at the same public offering price, less underwriting discounts and commissions. The offering is expected to close on October

Lithia Announces Pricing of Public Offering of Common Stock

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today announced the pricing of $550 million in aggregate principal amount of its 4.375% senior notes due 2031 (the "Notes") in a private offering (the "Private Offering"), which represents an increase of $50 million from the offering size previously announced. The Private Offering is expected to close on October 9, 2020, subject to customary closing conditions. Lithia intends to use the net proceeds of the Private Offering for gene

Lithia Announces Upsizing and Pricing of Senior Notes Offering

Lithia Motors' (LAD) strategy of acquiring strong, high-performing franchises, alongside its e-commerce home solution -- Driveway -- is a key driver in boosting the company's profitability.

Lithia Motors' (LAD) Q3 Preliminary Numbers Look Impressive

Arcutis Biotherapeutics

Cardiff Oncology

FuelCell Energy

International Money Express Inc.

Owens & Minor

Any time there is good news that drives a stock higher, some investors know that the companies making the news may use the strength to raise additional capital. Not all secondary offerings come on the heels of good news, and sometimes companies just find themselves in need of fresh new capital.

6 Secondary Offerings Making Big Moves in Stocks

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior notes due 2031 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Lithia intends to use the net proceeds of the Private Offering for general corporate purposes, which may incl

Lithia Announces Proposed Senior Notes Offering

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today reported preliminary financial results for the three months ending September 30, 2020. Based on preliminary information available today, Lithia expects third quarter 2020 net income per diluted share to be between $6.10 to $6.40 representing an increase of 68% and 76%, respectively, compared to $3.64 for the three months ended September 30, 2019, and representing an increase of 80% and 89%, respectively, compared to adjusted

Lithia Motors Reports Preliminary Third Quarter 2020 Results

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $700 million of shares of our Class A common stock (the “common stock”) in a public offering (the “Offering”). In addition, we intend to grant the underwriters a 30-day option to purchase up to an additional $105 million of shares of common stock. Lithia intends to use the net proceeds of the Offering for general corporate purposes, which may include f

News for Lithia Motors Stock (LAD)