{"schema_version":"secwatch.filing_event.v1","accession":"0001023128-24-000026","form_type":"8-K","ticker":"LAD","cik":"0001023128","company_name":"LITHIA MOTORS INC","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.137988+00:00","generated_at":"2026-06-06T01:55:20.113757+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 Q4 revenue $7.7B (+10%), EPS $7.74 (-14%); declares $0.50 dividend","bullets":["Q4 revenue $7.7B (+10% YoY); net income $216M (-13%); diluted EPS $7.74 (-14%).","Adjusted Q4 EPS $8.24 (-9%); includes $0.21 unrealized FX gain.","Full year 2023 revenue $31.0B (record); net income $1.0B; diluted EPS $36.29.","Board declares $0.50/share dividend payable March 22, 2024 to holders of record March 9.","Q4 share repurchases: 142,700 shares at avg $240.81; ~$467M remaining authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001023128-24-000026","json":"https://secwatch.observer/filing/0001023128-24-000026.json","markdown":"https://secwatch.observer/filing/0001023128-24-000026.md","text":"https://secwatch.observer/filing/0001023128-24-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/lad-20240214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:55:20.113757+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":"32a7b177e1f62c1d6a1e83369aeb2917aed73c5d","claim":"LITHIA MOTORS INC reported full year 2023 results: EPS $36.86.","evidence_excerpt":"Full year 2023 revenue increased 10% to a record $31.0 billion from $28.2 billion in 2022. Full year 2023 net income attributable to LAD per diluted share decreased 18% to $36.29 from $44.17 for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"EPS","value":"$36.86"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"32a7b177e1f62c1d6a1e83369aeb2917aed73c5d","claim":"LITHIA MOTORS INC reported full year 2023 results: EPS $36.86.","evidence_excerpt":"Adjusted net income attributable to LAD per diluted share decreased 17% to $36.86 from $44.42 for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"EPS","value":"$36.86"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ea4adb68893e725b013d1a21c24f5f77b2d13a67","claim":"LITHIA MOTORS INC reported fourth quarter of 2023 results: net income $230 million.","evidence_excerpt":"Adjusted fourth quarter 2023 net income attributable to LAD per diluted share was $8.24, a 9% decrease compared to $9.05 per diluted share in the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"$230 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ea4adb68893e725b013d1a21c24f5f77b2d13a67","claim":"LITHIA MOTORS INC reported fourth quarter of 2023 results: net income $230 million.","evidence_excerpt":"Adjusted fourth quarter 2023 net income was $230 million, a 8% decrease compared to adjusted net income of $251 million for the same period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"$230 million"},{"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"}