Highest-materiality recent filing
Lithia Motors 2026 annual meeting results: all directors elected, say-on-pay passes
All 10 director nominees elected with majority support (Sidney DeBoer: 20.5M for; McIntyre lowest: 19.3M for).
Lithia Q1 revenue record $9.3B; adj EPS $7.34 down 7%; repurchased $259M shares
Record Q1 revenue $9.3B (+1% YoY); GAAP diluted EPS $4.28 (down 46% YoY); adj diluted EPS $7.34 (down 7% YoY).
Lithia Motors amends credit facility, extends maturity to 2031, adjusts commitments to $6.5B
Maturity of $6.5B credit facility extended to February 27, 2031, with annual extension options.
Lithia Motors board removes size cap, sets board at 10 directors for 2026 AGM
Board removed the upper limit on the size of the Board of Directors.
Lithia Motors CTO George Hines to depart March 1, 2026; tech split under CFO & CCO
George Hines transitions from SVP, Chief Innovation & Technology Officer effective March 1, 2026.
Lithia Motors Q4 EPS $5.72 (-28% YoY); record FY revenue $37.63B; $0.55 dividend
Q4 GAAP EPS $5.72 (down 28% YoY), adjusted $6.74 (down 12%); revenue $9.20B (+0.3%).
Lithia Motors Q3 revenue record $9.7B, EPS $8.61 up 11% YoY, dividend $0.55
Q3 revenue $9.7B (+5% YoY); diluted EPS $8.61 (+11%); adjusted EPS $9.50 (+17%).
Lithia Motors elects Heidi O'Neill and Richard Bailey to board, expanding to nine directors
Board expanded from 7 to 9; O'Neill (ex-Nike President) and Bailey (SOU President) elected effective Oct 1, 2025.
Lithia Motors issues $600M of 5.500% Senior Notes due 2030 to repay revolver
Aggregate principal $600M, interest 5.500% semi-annual, maturity Oct 1, 2030.
Lithia Motors launches $500M senior notes due 2030; proceeds to repay revolver
Offering $500M in aggregate principal amount of senior notes due 2030 in a private placement.
Lithia upsizes senior notes to $600M at 5.5%, due 2030; proceeds to repay revolver
Priced $600M aggregate principal of 5.500% senior notes due 2030, upsized by $100M from previous announcement.
Lithia Motors increases credit facility from $6.0B to $6.5B, with option to expand to $7.0B
Total commitment increased to $6.5B from $6.0B; may be further expanded to $7.0B subject to lender approval.
Lithia Motors Q2 record rev $9.6B; EPS $9.87 (+25%), adj EPS $10.24 (+30%); $0.55 dividend
Q2 revenue $9.6B (+4% YoY); diluted EPS $9.87 (+25%), adjusted EPS $10.24 (+30%).
Lithia Motors announces preliminary Q2 2025 results; no specific figures in filing
Preliminary second quarter 2025 financial results released on July 15, 2025.
Lithia reports prelim Q2 EPS $9.70-10.00, up 23-27% YoY; revenue $9.4-9.6B
Preliminary diluted EPS $9.70-$10.00 vs Q2 2024, increase of 23-27%.
All eight director nominees elected; Louis P. Miramontes received ~3.8M against votes.
Lithia reports record Q1 revenue $9.2B, EPS $7.94 (+35%), raises dividend to $0.55
Q1 revenue $9.2B (record, +7% YoY); diluted EPS $7.94 (+35%); net income $211M (+28%).
Lithia Motors COO Adam Chamberlain resigns to become CEO of Mercedes-Benz USA
Adam Chamberlain resigns as Executive VP and COO, effective June 1, 2025.
Director David J. Robino will not stand for reelection; board to shrink to seven members
David J. Robino informed Lithia Motors of his decision not to stand for reelection at the 2025 Annual Meeting.
Lithia Motors Q4 revenue record $9.2B (+20% YoY); EPS $8.12 (+5%); declares $0.53 dividend
Q4 revenue $9.2B (+20% YoY); GAAP EPS $8.12 (+5%), adjusted EPS $7.79 (-6%). Net income flat at $217M.
Lithia Q3 revenue record $9.2B (+11% YoY), but EPS falls 18% to $7.80
Diluted EPS $7.80 vs $9.46 YoY; adjusted EPS $8.21 vs $9.22, down 11%.
Lithia Motors promotes Adam Chamberlain to COO; Holzshu shifts to EVP corporate development
Adam Chamberlain named EVP, COO effective Aug 1, 2024; base salary $750K, bonus target 100%, equity target $1.8M.
Lithia Q2 record revenue $9.2B (+14% YoY); EPS down 27% to $7.87; $0.53 dividend
Revenue $9.2B (+14% YoY), record Q2; net income $217M ($7.87 diluted EPS), down 27% YoY.
Adopted procedures for shareholders to call special meetings as permitted by Articles of Incorporation.
Lithia Motors expands board to eight, elects Cassandra McKinney as director
Elected to fill new board seat, effective July 1, 2024.
Lithia Motors disruptions after third-party CDK cyber incident
On June 19, 2024, CDK Global suspended systems due to a cybersecurity incident; Lithia severed connections and activated response procedures.
Lithia Motors replaces net income with EPS in 2024 PSUs after shareholder feedback
Profitability metric in 2024 performance share units changed from net income to EPS.
Lithia Motors reports record Q1 revenue of $8.6B; EPS down 29% to $5.89
Revenue rose 23% YoY to $8.6B; GAAP diluted EPS fell 29% to $5.89, adjusted EPS $6.11.
Lithia Motors shareholders elect all 7 directors, approve say-on-pay, ratify KPMG as auditor
All seven director nominees elected; David J. Robino received most votes against at 3,219,471.
Adam A. Chamberlain will transition from his current role as Executive Vice President, Chief Operating Officer at Lithia Motors, Inc. (the “Company”) to assume the role of CEO of Mercedes-Benz USA, and therefore is resigning from his position with the Company, effective June 1, 2025.
On February 27, 2025, David J. Robino informed Lithia Motors, Inc. (the “Company”) of his decision to not stand for reelection to the Company’s Board of Directors (the “Board”) at the Company’s 2025 Annual Meeting of Shareholders.
Mr. Holzshu, who has been COO since 2019, will leverage his broad experience and success at the Company, and will strengthen the Company’s partnerships and leverage synergies across its customer ecosystem and focus on corporate development.
On June 26, 2024, the Board of Directors (the “Board”) of Lithia Motors, Inc. (the “Company”) elected Cassandra McKinney to fill a vacancy created by the expansion of the Board from seven to eight directors, with service beginning July 1, 2024.
Max materiality 0.85 · Median 0.60 · Most common event earnings