{"schema_version":"secwatch.filing_event.v1","accession":"0001023128-23-000064","form_type":"8-K","ticker":"LAD","cik":"0001023128","company_name":"LITHIA MOTORS INC","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.639717+00:00","generated_at":"2026-06-16T23:16:03.663722+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lithia Motors Q1 revenue up 4% to $7.0B; EPS falls 28% to $8.30; dividend raised to $0.50","bullets":["Revenue $7.0B (+4% YoY); net income $230M (-33%); adjusted net income $233M (-34%).","Diluted EPS $8.30 (GAAP) and $8.44 adjusted, down 28% and 29% YoY respectively.","Acquired 37 locations expected to add $2B annualized revenue; entered UK via Jardine Motors.","Board approved quarterly dividend increase to $0.50/share, payable May 26 to holders of record May 12.","Driveway averaged 2.4M monthly unique visitors; DFC originated ~$630M in loans in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001023128-23-000064","json":"https://secwatch.observer/filing/0001023128-23-000064.json","markdown":"https://secwatch.observer/filing/0001023128-23-000064.md","text":"https://secwatch.observer/filing/0001023128-23-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023128/000102312823000064/0001023128-23-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023128/000102312823000064/lad-20230419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:16:03.663722+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15262e9c282e2d9707c68c31a9e955b4bb84b7de","claim":"LITHIA MOTORS INC reported Q1 2023 results: revenue $7.0 billion, net income $230 million, EPS $8.30.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312823000064/0001023128-23-000064-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2023"},{"label":"Revenue","value":"$7.0 billion"},{"label":"Net income","value":"$230 million"},{"label":"EPS","value":"$8.30"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}