LAD - Earnings announcements

Key Highlights Record first quarter revenues of $9.3 billionUsed vehicle revenue increased 4.6% on a same store basis in the quarterUsed retail GPUs increased 9%, or $133, sequentiallyAftersales revenue increased 3.8%, gross profit increased by 5.7% and gross margin was 58.7%, a 100-basis point increase, on a same-store basisDriveway Finance Corporation achieved record originations of $840 million, with an 18.0% penetration rate and an average FICO score of 750 in the quarterFirst quarter diluted earnings per share of $4.28 and adjusted diluted earnings per share of $7.34Repurchased $259 million of shares, representing 4.0% of outstanding shares in the quarter MEDFORD, Ore., April 29, 202

MEDFORD, Ore., April 09, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE:LAD) today announced its first quarter 2026 earnings and full year results will be released before the market opens on Wednesday, April 29, 2026. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD)Lithia & Driveway (NYSE:LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and conven

Record full year revenues of $37.63 billion, a 4.0% increase; Record fourth quarter revenue of $9.20 billionFull year diluted earnings per share increased 9.7% and adjusted diluted earnings per share increased 15.7%Same-store sales nearly flat in the quarterUsed revenue increased 6.1% and used retail units increased 4.7% on a same store basis in the quarterAftersales revenue increased 10.9% and gross profit increased by 9.8% on a same store basis in the quarterFinancing operations delivered record quarterly income of $23 million, a $19 million increase from the prior yearDriveway Finance Corporation achieved a 15.0% penetration rate with an average FICO of 751 in the quarterFourth quarter di

MEDFORD, Ore., Jan. 22, 2026 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its fourth quarter 2025 earnings and full year results will be released before the market opens on Wednesday, February 11, 2026. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD)Lithia & Driveway (NYSE:LA

Announces Dividend of $0.55 per Share for Third Quarter MEDFORD, Ore., Oct. 22, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue in company history, and a 11% increase in diluted earnings per share compared to the same period in 2024. Third quarter 2025 revenue increased 5% to $9.7 billion from $9.2 billion in the third quarter of 2024.  Third quarter 2025 diluted earnings per share attributable to LAD was $8.61, a 11% increase from $7.73 per share reported in the third quarter of 2024. Third quarter 2025 adjusted diluted earni

MEDFORD, Ore., Oct. 8, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today that its third quarter 2025 earnings will be released before the market opens on Wednesday, October 22, 2025. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD)Lithia & Driveway (NYSE:LAD) is the largest gl

Announces Dividend of $0.55 per Share for Second Quarter MEDFORD, Ore., July 29, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest second quarter revenue in company history, and a 25% increase in diluted earnings per share compared to the same period in 2024. Second quarter 2025 revenue increased 4% to $9.6 billion from $9.2 billion in the second quarter of 2024. Second quarter 2025 diluted earnings per share attributable to LAD was $9.87, a 25% increase from $7.87 per share reported in the second quarter of 2024. Second quarter 2025 adjusted diluted

MEDFORD, Ore., July 2, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its second quarter 2025 earnings will be released before the market opens on Tuesday, July 29, 2025. A conference call to discuss the earnings results is scheduled for the same day at 11:00 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is the largest global aut

Announces Increased Dividend of $0.55 per Share for First Quarter MEDFORD, Ore., April 23, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest first quarter revenue in company history, and a 35% increase in diluted earnings per share compared to the same period in 2024. First quarter 2025 revenue increased 7% to $9.2 billion from $8.6 billion in the first quarter of 2024. First quarter 2025 diluted earnings per share attributable to LAD was $7.94, a 35% increase from $5.89 per share reported in the first quarter of 2024. First quarter 2025 adjusted dil

MEDFORD, Ore., April 1, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its first quarter 2025 earnings will be released before the market opens on Wednesday, April 23, 2025. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is the largest global

Announces Dividend of $0.53 per Share for Fourth Quarter MEDFORD, Ore., Feb. 12, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest fourth quarter revenue in company history and the first profitable year for Financing Operations, which includes Driveway Finance Corporation. Fourth quarter 2024 revenue increased 20% to $9.2 billion from $7.7 billion in the fourth quarter of 2023. Fourth quarter 2024 diluted earnings per share attributable to LAD was $8.12, a 5% increase from $7.74 per share reported in the fourth quarter of 2023. Fourth quarter 2024 ad

MEDFORD, Ore., Jan. 16, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its fourth quarter 2024 earnings will be released before the market opens on Wednesday, February 12, 2025. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the larg

Announces Dividend of $0.53 per Share for Third Quarter MEDFORD, Ore., Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue in company history and the second profitable quarter for Financing Operations, which includes Driveway Finance Corporation. Third quarter 2024 revenue increased 11% to $9.2 billion from $8.3 billion in the third quarter of 2023. Third quarter 2024 diluted earnings per share attributable to LAD was $7.80, an 18% decrease from $9.46 per share reported in the third quarter of 2023. Third quarter 2024 adj

MEDFORD, Ore., Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest

Announces Dividend of $0.53 per Share for Second Quarter MEDFORD, Ore., Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest second quarter revenue in company history and the first profitable quarter for Financing Operations, which includes Driveway Finance Corporation. Second quarter 2024 revenue increased 14% to $9.2 billion from $8.1 billion in the second quarter of 2023. Second quarter 2024 net income attributable to LAD per diluted share was $7.87, a 27% decrease from $10.78 per diluted share reported in the second quarter of 2023. Adjusted

MEDFORD, Ore., July 16, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its second quarter 2024 earnings will be released before the market opens on Thursday, August 1, 2024. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest

Announces Dividend of $0.53 per Share for First Quarter MEDFORD, Ore., April 24, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest first quarter revenue in company history. First quarter 2024 revenue increased 23% to $8.6 billion from $7.0 billion in the first quarter of 2023. First quarter 2024 net income attributable to LAD per diluted share was $5.89, a 29% decrease from $8.30 per diluted share reported in the first quarter of 2023. Adjusted first quarter 2024 net income attributable to LAD per diluted share was $6.11, a 28% decrease compared to $

MEDFORD, Ore., April 9, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its first quarter 2024 earnings will be released before the market opens on Wednesday, April 24, 2024. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest

Announces Dividend of $0.50 per Share for Fourth Quarter MEDFORD, Ore., Feb. 14, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest fourth quarter revenue in company history. Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% IncreaseFourth quarter 2023 revenue increased 10% to $7.7 billion from $6.9 billion in the fourth quarter of 2022. Fourth quarter 2023 net income attributable to LAD per diluted share was $7.74, a 14% decrease from $9.00 per diluted share reported in the fourth quarter of 2022. Adjusted fourth quar

MEDFORD, Ore., Jan. 17, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its fourth quarter 2023 earnings will be released before the market opens on Wednesday, February 14, 2024. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the larg

MEDFORD, Ore., Oct. 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2023 earnings will be released before the market opens on Wednesday, October 25, 2023. 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 investors.lithiadriveway.com and click on quarterly earnings.  About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the large

Announces Dividend to $0.50 per Share for Second Quarter MEDFORD, Ore., July 26, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest second quarter revenue in company history. Second quarter 2023 revenue increased 12% to $8.1 billion from $7.2 billion in the second quarter of 2022. Second quarter 2023 net income attributable to LAD per diluted share was $10.78, a 7% decrease from $11.60 per diluted share reported in the second quarter of 2022. Adjusted second quarter 2023 net income attributable to LAD per diluted share was $10.91, a 10% decrease compa

MEDFORD, Ore., July 5, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its second quarter 2023 earnings will be released before the market opens on Wednesday, July 26, 2023. 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 investors.lithiadriveway.com and click on quarterly earnings.  About Lithia & Driveway (LAD) LAD is a growth company focused on profitably cons

Increases Dividend to $0.50 per Share for First Quarter MEDFORD, Ore., April 19, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest first quarter revenue in company history. First quarter 2023 revenue increased 4% to $7.0 billion from $6.7 billion in the first quarter of 2022. First quarter 2023 net income attributable to LAD per diluted share was $8.30, a 28% decrease from $11.55 per diluted share reported in the first quarter of 2022. Adjusted first quarter 2023 net income attributable to LAD per diluted share was $8.44, a 29% decrease compared to $

MEDFORD, Ore., April 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its first quarter 2023 earnings will be released before the market opens on Wednesday, April 19, 2023. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. Lithia & Driveway (NYSE:LAD) first quarter 2023 earnings will be released on Wednesday, April 19.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 investors.lithiadriveway.com and click on quar

Announces Dividend of $0.42 per Share for Fourth Quarter MEDFORD, Ore., Feb. 15, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest fourth quarter revenue in company history. Fourth quarter 2022 revenue increased 11% to $7.0 billion from $6.3 billion in the fourth quarter of 2021. Fourth quarter 2022 net income attributable to LAD per diluted share was $9.00, a 6% decrease from $9.57 per diluted share reported in the fourth quarter of 2021. Adjusted fourth quarter 2022 net income attributable to LAD per diluted share was $9.05, a 21% decrease compared

MEDFORD, Ore., Jan. 24, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its fourth quarter 2022 earnings will be released before the market opens on Wednesday, February 15, 2023. 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 investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD), the premier autom

Announces Dividend of $0.42 per Share for Third Quarter MEDFORD, Ore., Oct. 19, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue and earnings per share in company history. Lithia & Driveway (LAD) Increases Revenue 18%; Reports Diluted EPS of $11.92 and Shares Outstanding Reduced by 10%Third quarter 2022 revenue increased 18% to $7.3 billion from $6.2 billion in the third quarter of 2021. Third quarter 2022 net income attributable to LAD per diluted share was $11.92, an 18% increase from $10.11 per diluted share reported in the

MEDFORD, Ore., Oct. 10, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2022 earnings will be released before the market opens on Wednesday, October 19, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to ParticipateThe conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD):LAD is a growth company focused on profitably cons

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. Second quarter 2022 revenue increased 20% to $7.2 billion from $6.0 billion in the second quarter of 2021. Second quarter 2022 net income attributable to LAD per diluted share was $11.60, an 8% increase from $10.75 per diluted share reported in the second quarter of 2021. Adjusted second quarter 2022 net income attributable to LAD per diluted share was $12.

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. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to ParticipateThe conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit www.investors.lithiadriveway.com and click on webcasts. About Lithia & Driveway (LAD):LAD is a growth company powered by people and innovation with a plan t

INCREASES DIVIDEND TO $0.42 PER SHARE FOR FIRST QUARTER MEDFORD, Ore., April 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest first quarter revenue and earnings per share in company history. First quarter 2022 revenue increased 54% to $6.7 billion from $4.3 billion in the first quarter of 2021. First quarter 2022 net income attributable to LAD per diluted share was $11.55, a 99% increase from $5.81 per diluted share reported in the first quarter of 2021. Adjusted first quarter 2022 net income attributable to LAD per diluted share was $11.96, a 103% increase compared to $5.89 per diluted share in the same period of 2021. First quarter 2022 net income was $344 m

MEDFORD, Ore., Apr. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced its first quarter 2022 earnings will be released before the market opens on Wednesday, April 20, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to ParticipateThe conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD):LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, an

MEDFORD, Ore., Feb. 9, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest fourth quarter revenue and earnings per share in company history. Fourth quarter 2021 revenue increased 60% to $6.3 billion from $3.9 billion in the fourth quarter of 2020. Fourth quarter 2021 net income attributable to LAD per diluted share was $9.57, a 36% increase from $7.02 per diluted share reported in the fourth quarter of 2020. Adjusted fourth quarter 2021 net income attributable to LAD per diluted share was $11.39, a 109% increase compared to $5.46 per diluted share in the same period of 2020. Fourth quarter 2021 net income was $293 million, a 56% increase compared to net income of $18

MEDFORD, Ore., Jan. 26, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced its fourth quarter and full year 2021 earnings will be released before the market opens on Wednesday, February 9, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to ParticipateThe 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 & Driveway (LAD):LAD is a growth company powered by people and innovation with a plan to profitably consolidate the largest retail sector in North America. As the leading provider of

MEDFORD, Ore., Oct. 6, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced its third quarter 2021 earnings will be released before the market opens on Wednesday, October 20, 2021.  A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to ParticipateThe 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 & Driveway (LAD)LAD is a growth company powered by people and innovation with a plan to profitably consolidate the largest retail sector in North America. As the leading provider of personal transpo

MEDFORD, Ore., Oct. 20, 2021 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue and earnings per share in company history. Third quarter 2021 revenue increased 70% to $6.2 billion from $3.6 billion in the third quarter of 2020. Third quarter 2021 net income attributable to LAD per diluted share was $10.11, a 47% increase from $6.86 per diluted share reported in the third quarter of 2020. Adjusted third quarter 2021 net income attributable to LAD per diluted share was $11.21, a 63% increase compared to $6.89 per diluted share in the sa