Lithia Q2 revenue $7.2B (+20% YoY), adj. EPS $12.18 (+10%), declares $0.42 dividend

LITHIA MOTORS INC

2022-Q2 EPS reported $23.15 revenue$13,945,400,000

Q2 revenue $7.2B (+20% YoY); net income $338M (+11%); diluted EPS $11.60 (+8%).
Adjusted diluted EPS $12.18 (+10% YoY); foreign currency headwind of $0.25 per share.
Dividend of $0.42/share payable Aug 26, 2022 to holders of record Aug 12, 2022.
Acquired $2.3B in annualized revenues YTD, including thirteen locations in Q2.
Driveway Finance penetration reached 12.9% in June; Driveway had 2.3M monthly unique visitors.

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