secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001023128-24-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia Motors Q4 revenue $7.7B (+10%), EPS $7.74 (-14%); declares $0.50 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/0001023128-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312824000026/lad-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001023128-24-000026

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