secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001023128-22-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312822000088/0001023128-22-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312822000088/lad-20220720.htm
  HTML page:      https://secwatch.observer/filing/0001023128-22-000088

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