{"schema_version":"secwatch.filing_event.v1","accession":"0001023128-24-000047","form_type":"8-K","ticker":"LAD","cik":"0001023128","company_name":"LITHIA MOTORS INC","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.926236+00:00","generated_at":"2026-06-03T09:11:47.163826+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 reports record Q1 revenue of $8.6B; EPS down 29% to $5.89","bullets":["Revenue rose 23% YoY to $8.6B; GAAP diluted EPS fell 29% to $5.89, adjusted EPS $6.11.","Net income of $165M (GAAP) and $171M (adjusted), down 28% and 27% respectively.","Dividend of $0.53 per share declared, payable May 24, 2024 to record holders May 10.","Year-to-date acquisitions total $5.4B in annualized revenues; repurchased ~58K shares at avg $264.42.","Service, body, parts revenue up 24%; DFC originated $493M in loans; GreenCars MUVs up 71%."],"urls":{"canonical":"https://secwatch.observer/filing/0001023128-24-000047","json":"https://secwatch.observer/filing/0001023128-24-000047.json","markdown":"https://secwatch.observer/filing/0001023128-24-000047.md","text":"https://secwatch.observer/filing/0001023128-24-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000047/0001023128-24-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000047/lad-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:11:47.163826+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":"65d35e649570c80b349f83ec0f7b28a4005cec6e","claim":"LITHIA MOTORS INC reported first quarter of 2024 results: revenue $8.6 billion, net income $165 million, EPS $5.89.","evidence_excerpt":"Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1023128/000102312824000047/0001023128-24-000047-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$8.6 billion"},{"label":"Net income","value":"$165 million"},{"label":"EPS","value":"$5.89"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}