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 (LAD) operates one of North America's largest automotive retail networks, combining vehicle sales, financing solutions, and service operations across 300+ locations. This page serves as the definitive source for verified corporate developments, providing stakeholders with timely access to earnings announcements, strategic acquisitions, and operational updates.
Investors and industry observers will find curated press releases detailing dealership expansions, financial performance metrics, and leadership initiatives. Our aggregation includes official statements on service network growth, technology implementations, and partnership formations within the automotive ecosystem.
All content undergoes rigorous verification to ensure alignment with SEC compliance standards and corporate disclosure best practices. Bookmark this resource for efficient tracking of LAD's market positioning, inventory strategy developments, and customer experience enhancements across its omnichannel platform.
Lithia & Driveway (NYSE: LAD) has announced a significant expansion of its share repurchase program, with its Board of Directors approving a $750 million increase to the authorization. This brings the total repurchase capacity to $1.08 billion.
The company has already demonstrated strong buyback activity in Q3 2025, investing $242 million to repurchase approximately 812,000 shares at an average price of $298 per share. Year-to-date repurchases total $492 million, representing 6.1% of outstanding shares.
Lithia & Driveway (NYSE: LAD) reported record-breaking second quarter results, with revenue reaching $9.6 billion, a 4% increase from Q2 2024. The company achieved significant earnings growth with diluted EPS rising 25% to $9.87 and adjusted diluted EPS increasing 30% to $10.24.
Key highlights include a 4.3% increase in total gross profits, 11.5% growth in aftersales gross profit, and a remarkable 179% increase in financing operations profitability to $20 million. The company expanded its network by acquiring two Mercedes-Benz stores, adding $220 million in expected annualized revenue.
LAD announced a quarterly dividend of $0.55 per share and repurchased approximately 387,000 shares at an average price of $306. The company maintains a strong balance sheet with $1.3 billion in available liquidity.
Lithia & Driveway (NYSE: LAD) has announced strong preliminary Q2 2025 results, with expected net income per diluted share between $9.70 and $10.00, representing a 23-27% increase year-over-year. The company anticipates total revenues between $9.4-9.6 billion, with same-store revenue growth of 3.5-4.0%.
Notable highlights include financing operations income growth of 110-155% year-over-year, reaching $15-18 million. The company has actively managed its capital, repurchasing 1.5% of shares outstanding during Q2 and 3.0% year-to-date. LAD's integrated model, including DFC, Driveway, and GreenCars, continues to demonstrate strong operational performance and market share gains.
Lithia & Driveway (NYSE: LAD) has scheduled the release of its second quarter 2025 earnings results for Tuesday, July 29, 2025, before market opening. The company will host a conference call to discuss the results at 11:00 a.m. Eastern Time on the same day.
Investors and analysts can participate in the conference call by dialing (877) 407-8029. A live webcast and replay of the earnings call will be available on the company's investor relations website at investors.lithiadriveway.com under the quarterly earnings section.
Lithia & Driveway (NYSE: LAD) executives Tina Miller (CFO) and Dianna du Preez (CCO) have been named among the 100 Leading Women in the North American Auto Industry by Automotive News. The 2025 recognition follows a rigorous nomination and judging process across the US, Canada, and Mexico.
Miller, serving as CFO since 2019, has been crucial in achieving sector-leading growth, launching the company's captive finance company (DFC), and promoting workplace diversity. This marks her second appearance on the list. Du Preez, as the company's first Chief Customer Officer, leads Driveway (online retail vertical), Marketing, Aftersales Strategy, and Customer Ecosystem Initiatives, bringing over 30 years of automotive industry experience.
Lithia & Driveway (LAD) reported record first quarter 2025 results with revenue increasing 7% to $9.2 billion from $8.6 billion in Q1 2024. The company achieved a 35% increase in diluted earnings per share to $7.94, while adjusted diluted EPS rose 25% to $7.66.
Net income grew 28% to $211 million, with adjusted net income up 20% to $204 million. Key highlights include a 3.6% increase in new retail units on a same-store basis, improved used retail performance, and 7.5% growth in aftersales gross profit. Driveway Finance originated $623 million in loans.
LAD expanded its network with two Subaru store acquisitions in Virginia and California, adding $180 million in expected annualized revenue. The company increased its quarterly dividend by 4% to $0.55 per share and repurchased approximately 403,000 shares at an average price of $326.