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Lithia Motors Inc (LAD.N)

LAD.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lithia Motors Promotes Tina Miller To Chief Financial Officer
3:00pm BST 

July 16 (Reuters) - Lithia Motors Inc ::LITHIA MOTORS PROMOTES TINA MILLER TO CHIEF FINANCIAL OFFICER.  Full Article

Lithia Motors Says Addition Of Jaguar And Land Rover In Mission Viejo, California
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Lithia Motors Inc ::LITHIA MOTORS WELCOMES JAGUAR LAND ROVER MISSION VIEJO, CA.ANNOUNCED TODAY ADDITION OF JAGUAR AND LAND ROVER IN MISSION VIEJO, CALIFORNIA.  Full Article

Lithia Names Chief Accounting Officer And Interim Principal Financial Officer
Friday, 1 Mar 2019 

March 1 (Reuters) - Lithia Motors Inc ::LITHIA NAMES CHIEF ACCOUNTING OFFICER AND INTERIM PRINCIPAL FINANCIAL OFFICER.LITHIA MOTORS INC - PROMOTED TINA MILLER TO CHIEF ACCOUNTING OFFICER EFFECTIVE MARCH 1, 2019..LITHIA MOTORS INC - IN ADDITION TO CHIEF ACCOUNTING OFFICER ROLE, TINA WILL ALSO SERVE AS INTERIM PRINCIPAL FINANCIAL OFFICER..  Full Article

Lithia Reports Fourth Quarter and Full Year 2018 Results
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Lithia Motors Inc ::LITHIA REPORTS RECORD FULL YEAR 2018 REVENUES AND EARNINGS PER SHARE.Q4 ADJUSTED EARNINGS PER SHARE $2.57.Q4 REVENUE $3.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $2.45 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE $2.54.QTRLY TOTAL SAME STORE USED VEHICLE RETAIL SALES INCREASED 10%.QTRLY SAME STORE F&I PER UNIT INCREASED 5% TO $1,400.DECLARES DIVIDEND OF $0.29 PER SHARE FOR Q4."ANTICIPATE FURTHER EXPANSION OF OUR NATIONWIDE FOOTPRINT IN 2019".JOHN NORTH HAS PROVIDED NOTICE OF HIS INTENTION TO RESIGN FROM POSITION OF CFO.TINA MILLER WILL BE APPOINTED INTERIM PRINCIPAL FINANCIAL OFFICER EFFECTIVE MARCH 1, 2019.MILLER WILL BE APPOINTED INTERIM PRINCIPAL FINANCIAL OFFICER WHILE CO CONDUCTS A SEARCH FOR A NEW CFO.  Full Article

Lithia Motors Increases Ownership In Shift
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Lithia Motors Inc ::LITHIA AND SHIFT EXPAND PARTNERSHIP; UTILIZE LITHIA FOR GROWTH.LITHIA MOTORS INC - LITHIA HAS INCREASED ITS OWNERSHIP IN SHIFT.LITHIA MOTORS INC - CO, SHIFT ANNOUNCED INITIAL UNION OF LITHIA'S PHYSICAL INFRASTRUCTURE WITH SHIFT'S DIGITAL SALES PROCESS IN NORTHERN CALIFORNIA.  Full Article

Lithia Reports 3Q Adjusted Earnings Per Share $2.83
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Lithia Motors Inc ::LITHIA REPORTS RECORD THIRD QUARTER 2018 RESULTS, INCREASES REVENUE 15%.Q3 ADJUSTED EARNINGS PER SHARE $2.83.Q3 EARNINGS PER SHARE $3.84.Q3 REVENUE $3.1 BILLION VERSUS I/B/E/S VIEW $3.16 BILLION.SEES FY 2018 EARNINGS PER SHARE $9.50.SEES FY 2018 REVENUE $11.75 BILLION TO $12.25 BILLION.Q3 EARNINGS PER SHARE VIEW $2.53 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL SAME STORE SALES INCREASED 1%.FY2018 EARNINGS PER SHARE VIEW $9.48, REVENUE VIEW $12.09 BILLION -- THOMSON REUTERS I/B/E/S.LITHIA MOTORS - BOARD OF DIRECTORS HAS INCREASED SHARE REPURCHASE AUTHORIZATION BY AN ADDITIONAL $250 MILLION.  Full Article

Lithia Announces Strategic Partnership With Shift Technologies
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Lithia Motors Inc ::LITHIA ANNOUNCES STRATEGIC PARTNERSHIP WITH SHIFT TECHNOLOGIES.LITHIA MOTORS INC - LITHIA WILL LEAD SHIFT'S SERIES D FUNDRAISING ROUND, INVESTING $54 MILLION, AND BECOME LARGEST SHAREHOLDER.  Full Article

Lithia Q2 Earnings Per Share $2.44
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Lithia Motors Inc ::LITHIA REPORTS RECORD SECOND QUARTER 2018 RESULTS, INCREASES REVENUE 26%.Q2 ADJUSTED EARNINGS PER SHARE $2.52.Q2 EARNINGS PER SHARE $2.44.Q2 REVENUE $3.1 BILLION VERSUS I/B/E/S VIEW $3.04 BILLION.SEES FY 2018 EARNINGS PER SHARE $9.50.SEES FY 2018 REVENUE $11.75 BILLION TO $12.25 BILLION.Q2 EARNINGS PER SHARE VIEW $2.94 -- THOMSON REUTERS I/B/E/S.QTRLY USED VEHICLE RETAIL SAME STORE SALES INCREASED 7%.QTRLY TOTAL SAME STORE SALES INCREASED 3%.QTRLY NEW VEHICLE SAME STORE SALES WERE FLAT.SAYS DECLARES DIVIDEND OF $0.29 PER SHARE FOR Q2.SAYS BEGINNING IN 2019, WILL NO LONGER PROVIDE AN ANNUAL EARNINGS OUTLOOK.  Full Article

Lithia Motors Enters Amended, Restated Loan Agreement
Friday, 29 Jun 2018 

June 29 (Reuters) - Lithia Motors Inc ::LITHIA MOTORS - EFFECTIVE JUNE 25, ENTERED SECOND AMENDED & RESTATED LOAN AGREEMENT AMENDING AMENDED & RESTATED LOAN AGREEMENT.LITHIA MOTORS SAYS UNDER LOAN AGREEMENT TOTAL FINANCING COMMITMENT INCREASED TO $2.6 BILLION; TERM OF CREDIT FACILITY EXTENDED TO JULY 2023 - SEC FILING.  Full Article

Lithia Motors Q3 adjusted earnings per share $2.18
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lithia Motors Inc ::Lithia reports record third quarter 2017 results, increases revenue 19 pct.Q3 adjusted earnings per share $2.18.Q3 earnings per share $2.07.Q3 revenue $2.7 billion versus I/B/E/S view $2.65 billion.Q3 earnings per share view $2.37 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $8.30 to $8.35.Sees FY 2018 earnings per share $9.25.Sees FY 2017 revenue $10 billion to $10.2 billion.Lithia Motors Inc - ‍for 2018, co targets full year revenues of $11.0 to $11.5 billion​.Lithia Motors Inc - qtrly ‍total same store sales increased 1 pct​.Lithia Motors Inc - ‍for 2017, co expects same store sales growth of 3 pct​.Lithia motors inc - ‍qtrly new vehicle same store sales increased 1 pct​.Lithia motors inc - ‍qtrly used vehicle retail same store sales increased 4 pct​.FY2017 earnings per share view $8.61, revenue view $10.13 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $9.60, revenue view $11.11 billion -- Thomson Reuters I/B/E/S.  Full Article