---
schema_version: "secwatch.filing_event.v1"
accession: "0001023128-22-000054"
form_type: "8-K"
ticker: "LAD"
cik: "0001023128"
company_name: "LITHIA MOTORS INC"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:02:28.637129+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lithia posts record Q1 revenue $6.7B (+54%), EPS $11.55 (+99%), dividend $0.42

## Summary
- Revenue $6.7B (+54% YoY); EPS $11.55 (+99%); adjusted EPS $11.96 (+103%).
- Driveway hits 1M monthly unique visitors; March transactions 3,100; quarterly transactions up >1,000%.
- F&I per unit up 28.6% to $2,260; service/body/parts revenue +55.4%.
- Acquired 3 Stellantis stores in Las Vegas (~$400M annual revenue); YTD acquisitions $1.1B annualized.
- Dividend raised to $0.42/share (payable May 27); $572M remaining share repurchase authorization.

## SEC filing metadata
- accession: 0001023128-22-000054
- form_type: 8-K
- ticker: LAD
- cik: 0001023128
- company_name: LITHIA MOTORS INC
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023128/000102312822000054/0001023128-22-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023128/000102312822000054/lad-20220420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023128-22-000054
- JSON: https://secwatch.observer/filing/0001023128-22-000054.json
- Plain text: https://secwatch.observer/filing/0001023128-22-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.