secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001023128-25-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia reports record Q1 revenue $9.2B, EPS $7.94 (+35%), raises dividend to $0.55
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- Q1 revenue $9.2B (record, +7% YoY); diluted EPS $7.94 (+35%); net income $211M (+28%).
- Adjusted diluted EPS $7.66 (+25%); non-core items net $0.28/share unfavorable.
- Dividend raised 4% to $0.55/share, payable May 23 to holders of record May 9.
- Repurchased ~403k shares at avg $326; $669M remaining under authorization.
- Acquired two Subaru stores (VA, CA) adding $180M annualized revenue; DFC portfolio $4.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312825000048/0001023128-25-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312825000048/lad-20250423.htm
  HTML page:      https://secwatch.observer/filing/0001023128-25-000048

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