secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001023128-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia posts Q4 record revenue $6.3B (+60%), adjusted EPS $11.39 (+109%)
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- Q4 revenue $6.3B (+60% YoY); GAAP EPS $9.57 (+36%); adjusted EPS $11.39 (+109%).
- FY 2021 revenue $22.8B (+74%); adjusted EPS $40.03 (+120%).
- Dividend $0.35/share, payable March 25, 2022 to holders of record March 11, 2022.
- Acquired three stores (Roseville Toyota, Sullivan Chevy, Sullivan CJDR) adding $700M annualized revenue.
- Repurchased 756,883 shares in Q4 at avg $283.75; $679M remaining authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312822000017/0001023128-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312822000017/lad-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001023128-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer