Welcome to our dedicated page for Lithia Mtrs news (Ticker: LAD), a resource for investors and traders seeking the latest updates and insights on Lithia Mtrs stock.
Lithia Motors, Inc. operates Lithia & Driveway as a global automotive retailer serving the vehicle ownership lifecycle through physical dealerships, e-commerce platforms, captive finance solutions, fleet management offerings, and related adjacencies. Company news commonly covers new and used vehicle sales, same-store trends, aftersales performance, Driveway Finance Corporation activity, and capital allocation through dividends and share repurchases.
Recurring developments also include dealership acquisitions across core volume and luxury brands, preferred partner technology deployments for store operations, earnings release schedules, and community or workforce initiatives tied to automotive technician programs.
Lithia & Driveway (NYSE: LAD) reported record second quarter 2026 revenues of $9.8 billion, up 2% year over year. Diluted EPS rose 17% to $11.54, while adjusted diluted EPS increased 9% to $10.03. Net income was $261.6 million, up 1.3%, though adjusted net income declined 6% to $227.6 million after excluding unrealized gains and other non-core items.
Used retail gross profit per unit increased $339 (20%) sequentially, and aftersales gross margin expanded 120 basis points on a same-store basis. Finance operations income reached a record $36.5 million, up 81.6%. The Board approved a 23% dividend increase to $0.70 per share, payable August 21, 2026. LAD repurchased $242 million of stock (3.7% of shares) in the quarter and expanded its repurchase authorization, leaving about $620 million available. For the first half of 2026, revenue grew 2% to $19.1 billion, while GAAP diluted EPS declined 12% and adjusted diluted EPS rose 1%.
NACD North Texas announced its 2026–2027 slate of officers and new board members, effective July 1, 2026. Debra L. von Storch was elected board chair, with Anne Motsenbocker as vice chair, Todd Murray continuing as secretary, and Derek McClain serving as treasurer.
New board members are Beth Garvey, former chair, president, and CEO of BGSF (NYSE: BGSF); Dr. Helmuth Ludwig, former Siemens Global CIO and current multi‑company director; Cassandra McKinney, independent director at Lithia & Driveway (NYSE: LAD); and Dan Torpey, senior managing director at Ankura and experienced audit and risk advisor. According to NACD North Texas, these leaders bring expertise spanning audit, compensation, governance, digital transformation, risk oversight, and membership engagement to support more than 1,000 chapter members.
Lithia & Driveway (NYSE: LAD) will release its second quarter 2026 financial results before the U.S. market opens on Wednesday, July 29, 2026. The company will host a conference call to discuss the earnings results the same day at 10:00 a.m. Eastern Time.
Investors can participate in the conference call by telephone at (877) 407-8029. A live audio webcast and replay will be available by visiting investors.lithiadriveway.com and selecting the quarterly earnings section.
Lithia & Driveway (NYSE:LAD) ranked No. 123 on the 2026 Fortune 500 list, remaining the top-ranked U.S. company in automotive retail by revenue. The company has climbed from No. 482 in 2015, driven by organic growth, acquisitions, digital innovation, and operational discipline.
Lithia & Driveway operates what it describes as the world’s largest automotive retail network, integrating vehicle sales, financing, service, and digital retail capabilities to support continued market share gains.
Lithia & Driveway (NYSE:LAD) increased its share repurchase authorization by $500 million, bringing the remaining capacity to $726 million. The CEO highlighted confidence in the company’s diversified strategy and cash flows.
Since March 31, 2026, LAD repurchased ~505,000 shares for over $137 million. Year to date, it has repurchased 1.45 million shares (about 6.2% of shares outstanding) for nearly $396 million at an average price of $274 per share.
Lithia & Driveway (NYSE: LAD) reported record Q1 2026 revenue of $9.3 billion, diluted EPS of $4.28 and adjusted diluted EPS of $7.34. Net income was $102.0 million (51.7% decline); adjusted net income was $173.3 million (18% decline).
Used vehicle same-store GPU rose 9% sequentially; Driveway Finance originations reached $840 million with 18.0% penetration and average FICO 750. Repurchases totaled $259 million (~4.0% of shares); dividend of $0.57 per share declared.
Lithia & Driveway (NYSE: LAD) will release first quarter 2026 earnings and full‑year results before market open on Wednesday, April 29, 2026. A conference call to discuss results is scheduled the same day at 10:00 a.m. Eastern Time. Investors can join by phone or listen via the company's investor website for live audio and replay.
Lithia & Driveway (NYSE: LAD) donated over $500,000 to support automotive education through its Helping Drive the Future Initiative. Eleven colleges and technical schools will each receive $50,000 for equipment, technology, and curriculum needs, plus hiring, internships, job shadowing and networking opportunities with local dealers.
The Presidio Group exclusively advised Lancaster County Motors on the sale of Mercedes-Benz of Medford to Lithia Motors (LAD). The transaction, which included related real estate, closed on Feb. 23, 2026. Mercedes-Benz of Medford was Lancaster’s only dealership outside Pennsylvania and sits near Lithia’s global headquarters in Medford.
This is the 22nd Mercedes-Benz dealership Presidio has advised on and the third Presidio-advised Mercedes-Benz sale so far in 2026, reinforcing strong buy-sell demand in the luxury franchise market.
Lithia & Driveway (NYSE: LAD) announced on March 3, 2026 the acquisitions of Toyota of Gallatin (Gallatin, Tenn.) and Mercedes-Benz of Medford (Medford, Ore.).
These deals expand LAD's luxury and core volume footprint, mark entry into the Nashville market, reinforce hometown presence in Medford during the company's 80th year, and bring $225 million of year-to-date annualized U.S. revenue acquired. The acquisitions were financed using existing on-balance sheet capacity.