secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2026-10-21T12:23:47+00:00
Accession:  0001023128-26-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.88
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Lithia Motors Q3 2026 EPS rose 54% to $13.22; revenue reached $9.9B; dividend raised 7% to $0.75
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- Q3 2026 revenue rose 3% to $9.9B; diluted EPS was $13.22, up 54% from $8.61; adjusted EPS was $10.34, up 9%.
- Net income was $292.9M, up 34%; adjusted net income was $229.3M, down 5% from $240.9M.
- Board declared a $0.75 per share dividend payable Nov. 20, 2026 to holders of record Nov. 6, a 7% increase.
- LAD repurchased $85M of shares in Q3; it acquired two stores expected to add $150M annualized revenue and divested two worth $115M.
- Bryan B. DeBoer was appointed Chairman and CEO effective Oct. 19, 2026; Sidney B. DeBoer became Vice Chairman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312826000057/0001023128-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312826000057/lad-20261021.htm
  HTML page:      https://secwatch.observer/filing/0001023128-26-000057

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