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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Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?

Lithia Motors (LAD) Down 0.6% Since Last Earnings Report: Can It Rebound?

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Lithia Motors (LAD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Is Trending Stock Lithia Motors, Inc. (LAD) a Buy Now?

A rejected bid for London-listed car dealership Pendragon earlier this month was proposed by US dealership Lithia Motors, a Sky News report has revealed. NYSE-listed Lithia Motors' 29p-per-share offer, which valued Pendragon at £460mln, was apparently shut down by Pendragon's largest shareholder, the Swedish car retailer Hedin Group.

Pendragon acquisition by Lithia Motors shut down by largest shareholder

Zacks.com users have recently been watching Lithia Motors (LAD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Lithia Motors, Inc. (LAD) Worth Betting on Now?

MEDFORD, Ore. , July 27, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today that Carol Deacon has been named Senior Vice President of Driveway & GreenCars.

LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT OF DRIVEWAY & GREENCARS, AND RECOGNIZES "40 UNDER 40" HONOREES

Lithia (LAD) reports earnings and sales miss in second-quarter 2022 results. However, sales increase year over year.

Lithia's (LAD) Q2 Earnings & Sales Lag Estimates, Increase Y/Y

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Lithia Motors (LAD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Lithia Motors (LAD) Is Attractively Priced Despite Fast-paced Momentum

Lithia Motors, Inc. (NYSE:LAD ) Q2 2022 Earnings Conference Call July 20, 2022 10:00 AM ET Company Participants Amit Marwaha - Director of IR Bryan DeBoer - President and CEO Chuck Lietz - VP, Driveway Finance Corporation Chris Holzshu - EVP and COO Tina Miller - SVP and CFO Conference Call Participants Daniel Imbro - Stephens Inc. Rajat Gupta - JPMorgan Chris Bottiglieri - BNP John Murphy - Bank of America Colin Langan - Wells Fargo Bret Jordan - Jefferies Ryan Sigdahl - Craig-Hallum Capital Michael Ward - Benchmark Adam Jonas - Morgan Stanley David Whiston - Morningstar Josh Taykowski - Credit Suisse Operator Good morning, and welcome to the Lithia & Driveway Second Quarter 2022 Conference Call. [Operator Instructions] I would now like to turn the call over to Amit Marwaha, Director of Investor Relations.

Lithia Motors, Inc. (LAD) CEO Bryan DeBoer on Q2 2022 Results - Earnings Call Transcript

The acquisition of 11 stores in Miami, Florida as a part of company's acquisition strategy, should drive significant growth. LAD posted strong Q1 2022 results and is expected to beat consensus estimates for Q2 2022.

Lithia Motors: The Stock Screams Buy At This Valuation

Lithia Motors (LAD) delivered earnings and revenue surprises of -0.33% and 3.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Lithia Motors (LAD) Q2 Earnings and Revenues Miss Estimates

Announces Dividend of $0.42 per Share for Second Quarter MEDFORD, Ore. , July 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue and earnings per share in company history.

Lithia & Driveway (LAD) Increases Revenue 20%; Driveway Finance Corp hits June Penetration Rate of 12.9%

Lithia Motors (LAD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Lithia Motors (LAD) Beat Estimates Again in Its Next Earnings Report?

The average of price targets set by Wall Street analysts indicates a potential upside of 50.8% 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.

How Much Upside is Left in Lithia Motors (LAD)? Wall Street Analysts Think 51%

The Zacks Consensus Estimate for Lithia's (LAD) Q2 earnings and revenues is pegged at $11.85 per share and $7.49 billion, respectively.

Key Predictions as Lithia (LAD) Gears Up for Q2 Earnings

MEDFORD, Ore. , July 8, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) will announce its second quarter 2022 financial results before the market opens on Wednesday, July 20, 2022.

Lithia & Driveway (LAD) Schedules Release of Second Quarter 2022 Results

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Lithia Motors (LAD) is a Top-Ranked Value Stock: Should You Buy?

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The Zacks Auto Retail industry participants, including LAD, PAG and GPI, look poised to benefit from rising vehicle prices amid supply demand mismatch.

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Cars still seem to be in demand. At least that is the feeling you get from commentary coming out of the major auto retailers.

Auto Market Quite Resilient Right Now: Here's Why

With the latest buyouts, Lithia's total expected annualized revenues acquired in 2022 so far reach over $2.1 billion.

Lithia's (LAD) Latest Buyouts to Add $950M in Annual Sales

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Steady sales growth is the key to survival for a business, even during recessions. Let's check at Boyd Gaming (BYD), Lithia Motors (LAD), Everest Re (RE), Jones Lang LaSalle (JLL) & QuidelOrtho (QDEL) that are recording top-line growth.

5 Stocks With Robust Sales Growth to Beat Recession Woes

FORT LAUDERDALE, Fla. , June 28, 2022 /PRNewswire/ -- Haig Partners LLC, the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Miami-based Lehman Auto World on the sale of its nine dealerships to Lithia Motors, Inc. (NYSE: LAD).

HAIG PARTNERS SERVES AS EXCLUSIVE ADVISOR ON THE SALE OF LEHMAN AUTO WORLD TO LITHIA MOTORS, INC. (NYSE: LAD)

MEDFORD, Ore. , June 28, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their south Florida footprint with the purchase of nine Lehman Auto World stores and two Esserman International stores in Miami-Dade County.

Lithia & Driveway (LAD) Expands Footprint in Florida and Nevada, Adding $950 Million in Annualized Revenue and Repurchases 1.9 Million Shares

Lithia Motors (LAD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

News for Lithia Motors Stock (LAD)