Highest-materiality recent filing
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 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 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 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 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%.
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.
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.
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 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 upsizes credit facility to $6.0B, extends maturity to 2029
Total financing commitment increased from $4.69B to $6.0B, expandable to $6.5B with lender approval.
Lithia Motors Q4 revenue $7.7B (+10%), EPS $7.74 (-14%); declares $0.50 dividend
Q4 revenue $7.7B (+10% YoY); net income $216M (-13%); diluted EPS $7.74 (-14%).
Lithia Motors Q3 revenue record $8.3B, EPS down 21% to $9.46; declares $0.50 dividend
Revenue $8.3B (+13% YoY); net income $265M (-20%); diluted EPS $9.46 (-21% from $11.92).
Lithia Motors Q2 revenue $8.1B (+12%), EPS $10.78 (-7%), declares $0.50 dividend
Revenue $8.1B (+12% YoY); diluted EPS $10.78 (-7%), adjusted EPS $10.91 (-10%).
Lithia Motors Q1 revenue up 4% to $7.0B; EPS falls 28% to $8.30; dividend raised to $0.50
Revenue $7.0B (+4% YoY); net income $230M (-33%); adjusted net income $233M (-34%).
Lithia Motors Q4 revenue up 11% to $7.0B; diluted EPS $9.00 (-6%); credit facility expanded to $4.5B
Q4 revenue $7.0B (+11% YoY); GAAP diluted EPS $9.00 (-6%); adjusted diluted EPS $9.05 (-21%).
Lithia Motors subsidiary enters $500M revolving credit facility with Mizuho for auto loan financing
DFC Business Services, LLC (Lithia subsidiary) may borrow up to $500M under revolving Loan Agreement dated Nov 1, 2022.
Lithia Motors Q3 revenue $7.3B, diluted EPS $11.92; declares $0.42 dividend
Revenue $7.3B (+18% YoY); diluted EPS $11.92 (+18% YoY) — both Q3 records.
Lithia Q2 revenue $7.2B (+20% YoY), adj. EPS $12.18 (+10%), declares $0.42 dividend
Q2 revenue $7.2B (+20% YoY); net income $338M (+11%); diluted EPS $11.60 (+8%).
Lithia posts record Q1 revenue $6.7B (+54%), EPS $11.55 (+99%), dividend $0.42
Revenue $6.7B (+54% YoY); EPS $11.55 (+99%); adjusted EPS $11.96 (+103%).
Lithia posts Q4 record revenue $6.3B (+60%), adjusted EPS $11.39 (+109%)
Q4 revenue $6.3B (+60% YoY); GAAP EPS $9.57 (+36%); adjusted EPS $11.39 (+109%).
Lithia Motors authorizes $750M share repurchase program
Board approved up to $750M in common stock repurchases, in addition to prior authorization.
Lithia Motors reports record Q3: revenue $6.2B (+70%), EPS $10.11 (+47%), declares $0.35 dividend
Q3 revenue $6.2B (+70% YoY); net income $309M (+95%); diluted EPS $10.11 (+47%).
Lithia Motors secures up to $700M CAD in credit facilities for Canada expansion with Pfaff
Three credit facilities: $50M CAD working capital revolver, $300M CAD floor plan, $350M CAD wholesale lease financing.
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.
Scott Hillier, Regional President of LAD will be retiring, effective July 1, 2024.
On September 30, 2022, the Board of Directors (the “Board”) of Lithia Motors, Inc. (the “Company”) elected James Lentz to fill a vacancy created by the Board’s expansion from seven to eight directors, with service beginning October 1, 2022.
Tom Dobry, the Company’s Senior Vice President and Chief Marketing Officer will transition to Vice President of Advertising.
Marguerite Celeste has been appointed to serve as the Company’s Senior Vice President and Chief Marketing Officer starting July 23, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings