Annuncio • Apr 30
Lithia Motors, Inc. announces Quarterly dividend, payable on May 22, 2026 Lithia Motors, Inc. announced Quarterly dividend of USD 0.5700 per share payable on May 22, 2026, ex-date on May 08, 2026 and record date on May 08, 2026. Annuncio • Mar 12
Lithia Motors, Inc., Annual General Meeting, Apr 30, 2026 Lithia Motors, Inc., Annual General Meeting, Apr 30, 2026. Annuncio • Feb 14
Lithia Motors, Inc. Announces Transition of George Hines from Senior Vice President, Chief Innovation and Technology Officer, Effective March 1, 2026 Lithia Motors, Inc. is implementing a focused shift to align its information technology and technology teams more closely with the businesses, customers, and products they support. As part of this alignment, George Hines will transition from his role as the Company's Senior Vice President, Chief Innovation and Technology Officer, effective as of March 1, 2026. Going forward, the core technology functions will now report under Tina Miller, Chief Financial Officer, and Dianna du Preez, Chief Customer Officer. To support an orderly transition, Mr. Hines will remain with the Company in a non-executive role. Mr. Hines will continue his work on the Pinewood.AI public board of directors. Annuncio • Feb 11
Lithia Motors, Inc. Approves Dividend for the Fourth Quarter of 2025, Payable on March 20, 2026 Lithia Motors, Inc.'s board of directors approved a dividend of $0.55 per share related to fourth quarter 2025 financial results. The dividend is expected to be paid on March 20, 2026 to shareholders of record on March 6, 2026. Annuncio • Jan 22
Lithia Motors, Inc. to Report Q4, 2025 Results on Feb 11, 2026 Lithia Motors, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 11, 2026 Annuncio • Oct 22
Lithia Motors, Inc. Approves Dividend for the Third Quarter of 2025, Payable on November 21, 2025 Lithia Motors, Inc. approved a dividend of $0.55 per share related to third quarter 2025 financial results. The dividend is expected to be paid on November 21, 2025 to shareholders of record on November 7, 2025. Annuncio • Oct 14
Lithia Motors, Inc. (NYSE:LAD) acquired Stivers Automotive Of Atlanta, Inc. from Johnny and Eddie Stivers. Lithia Motors, Inc. (NYSE:LAD) acquired Stivers Automotive Of Atlanta, Inc. from Johnny and Eddie Stivers on October 13, 2025. The acquisition was financed using existing on-balance sheet capacity.
Legal counsel to Stivers was provided by Rick McBride of McBride Law LLC. Counsel on real estate matters was provided by Rushton, Stakely, Johnston & Garrett, P.A. and by Bill Eskridge. Legal counsel to Lithia was provided by Aaron J. Weisman, the retailer’s director of legal and real estate. The Presidio Group provided exclusive advisory services to Stivers Automotive Group through its wholly owned investment bank, Presidio Merchant Partners LLC.
Lithia Motors, Inc. (NYSE:LAD) completed the acquisition of Stivers Automotive Of Atlanta, Inc. from Johnny and Eddie Stivers on October 13, 2025. Annuncio • Oct 08
Lithia Motors, Inc. to Report Q3, 2025 Results on Oct 22, 2025 Lithia Motors, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 22, 2025 Annuncio • Oct 02
Lithia Motors, Inc. Announces Board Appointments, Effective October 1, 2025 On October 1, 2025, the Board of Directors of Lithia Motors, Inc. elected each of Heidi O’Neill and Richard Bailey to fill vacancies created by the expansion of the Board from seven to nine directors, with service beginning October 1, 2025. Ms. O’Neill most recently served as President of Consumer, Product, and Brand at Nike, Inc. until May 2025, where she led the integration of global men’s, women’s and kid’s consumer and sport teams, the entire global product and innovation engine, and global brand marketing and sports marketing. With more than 20 years of experience at Nike, Ms. O’Neill held a variety of leadership roles, including President of Consumer and Marketplace, President of Nike Direct, and leading Nike’s North America apparel business as VP/GM. Mr. Bailey has served as President of Southern Oregon University (“SOU”) since January 2022. Prior to his service at SOU, Mr. Bailey oversaw the resurgence of Northern New Mexico College, where he served as President from October 2016 to January 2022. He previously completed a 24-year career in the U.S. Air Force, retiring as a full colonel and command pilot with more than 3,500 flying hours. Each of Ms. O’Neill and Mr. Bailey will serve as a member of the Company’s audit committee. Annuncio • Sep 25
Swickard Auto Group acquired LBMP, LLC from Lithia Motors, Inc. (NYSE:LAD) for approximately $70 million. Swickard Auto Group acquired LBMP, LLC from Lithia Motors, Inc. (NYSE:LAD) for approximately $70 million on September 23, 2025.
Swickard Auto Group completed the acquisition of LBMP, LLC from Lithia Motors, Inc. (NYSE:LAD) on September 23, 2025. Annuncio • Jul 02
Lithia Motors, Inc. to Report Q2, 2025 Results on Jul 29, 2025 Lithia Motors, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 29, 2025 Annuncio • Apr 23
Lithia Motors, Inc. Approves an Increased Dividend for First Quarter Ended March 31, 2025, Payable on May 23, 2025 Lithia Motors, Inc. Board of Directors approved an increased dividend of $0.55 per share related to first quarter ended March 31, 2025 financial results, a 4% increase. The dividend is expected to be paid on May 23, 2025 to shareholders of record on May 9, 2025. Annuncio • Apr 16
Lithia Motors, Inc. Announces Resignation of Adam A. Chamberlain as Executive Vice President, Chief Operating Officer, June 1, 2025 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. Upon Mr. Chamberlain’s departure, the Company’s regional presidents and regional vice presidents will report directly to Bryan DeBoer, Chief Executive Officer. Annuncio • Apr 01
Lithia Motors, Inc. to Report Q1, 2025 Results on Apr 23, 2025 Lithia Motors, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 23, 2025 Annuncio • Mar 13
Lithia Motors, Inc., Annual General Meeting, Apr 24, 2025 Lithia Motors, Inc., Annual General Meeting, Apr 24, 2025. Annuncio • Mar 04
Lithia Motors, Inc. Announces Not to Stand Re-Election of David J. Robino from the Board of Directors On February 27, 2025, David J. Robino informed Lithia Motors, Inc. of his decision to not stand for reelection to the Company’s Board of Directors at the Company’s 2025 Annual Meeting of Shareholders. In connection with Mr. Robino’s term expiring at the 2025 Annual Meeting of Shareholders, the Board intends to reduce its size from eight to seven members. Annuncio • Feb 12
Lithia Motors, Inc. Approves Dividend for the Fourth Quarter of 2024, Payable on March 21, 2025 The Board of Directors of Lithia Motors, Inc. approved a dividend of $0.53 per share related to fourth quarter 2024 financial results. The dividend is expected to be paid on March 21, 2025 to shareholders of record on March 7, 2025. Annuncio • Jan 29
Lithia Motors, Inc. (NYSE:LAD) acquired Stohlman Subaru Of Herndon LLC. Lithia Motors, Inc. (NYSE:LAD) acquired Stohlman Subaru Of Herndon LLC on January 28, 2025.
Lithia Motors, Inc. (NYSE:LAD) completed the acquisition of Stohlman Subaru Of Herndon LLC on January 28, 2025. Annuncio • Jan 16
Lithia Motors, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Lithia Motors, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 12, 2025 Annuncio • Dec 16
Tyler Kadlec acquired North Branch Chevrolet from Lithia Motors, Inc. (NYSE:LAD). Tyler Kadlec acquired North Branch Chevrolet from Lithia Motors, Inc. (NYSE:LAD) on December 16, 2024. As part of the deal terms North Branch Chevrolet will be renamed to Tom Kadlec Chevrolet. Paul Kechnie, Emily Bourne and Matt Willis of Performance Brokerage Services acted as brokers in this transaction.
Tyler Kadlec completed the acquisition of North Branch Chevrolet from Lithia Motors, Inc. (NYSE:LAD) on December 16, 2024. Recent Insider Transactions • Nov 16
CEO, President & Director recently sold €5.8m worth of stock On the 11th of November, Bryan DeBoer sold around 16k shares on-market at roughly €363 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bryan has been a net seller over the last 12 months, reducing personal holdings by €6.9m. Declared Dividend • Oct 28
Third quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 8th November 2024 Payment date: 15th November 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.5%. Recent Insider Transactions • Oct 27
Executive VP & Secretary recently sold €2.6m worth of stock On the 24th of October, Christopher Holzshu sold around 9k shares on-market at roughly €310 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.1m. Insiders have been net sellers, collectively disposing of €8.7m more than they bought in the last 12 months. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$7.80 (vs US$9.48 in 3Q 2023) Third quarter 2024 results: EPS: US$7.80 (down from US$9.48 in 3Q 2023). Revenue: US$9.22b (up 11% from 3Q 2023). Net income: US$209.1m (down 20% from 3Q 2023). Profit margin: 2.3% (down from 3.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • Oct 23
Lithia Motors, Inc. Approves cash Dividend for the Third Quarter Ended September 30, 2024, Payable on November 15, 2024 The board of directors of Lithia Motors, Inc. approved a cash dividend of $0.53 per share related to third quarter ended September 30, 2024. The dividend is expected to be paid on November 15, 2024 to shareholders of record on November 8, 2024. Annuncio • Oct 01
Lithia Motors, Inc. to Report Q3, 2024 Results on Oct 23, 2024 Lithia Motors, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 23, 2024 Recent Insider Transactions • Sep 17
Founder & Chairman recently sold €2.7m worth of stock On the 13th of September, Sidney DeBoer sold around 11k shares on-market at roughly €249 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.1m. Sidney has been a net seller over the last 12 months, reducing personal holdings by €5.8m. Recent Insider Transactions • Aug 25
Founder & Chairman recently sold €3.1m worth of stock On the 23rd of August, Sidney DeBoer sold around 12k shares on-market at roughly €260 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sidney has been a net seller over the last 12 months, reducing personal holdings by €4.5m. Declared Dividend • Aug 05
Second quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$7.88 (vs US$10.81 in 2Q 2023) Second quarter 2024 results: EPS: US$7.88 (down from US$10.81 in 2Q 2023). Revenue: US$9.23b (up 14% from 2Q 2023). Net income: US$214.2m (down 28% from 2Q 2023). Profit margin: 2.3% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Annuncio • Jul 16
Lithia Motors, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Lithia Motors, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024 Annuncio • Jun 27
Lithia Marubeni Mobility Holding, LLC agreed to acquire 27.20% stake in Wheels, Inc. from Apollo Global Management, Inc. (NYSE:APO). Lithia Marubeni Mobility Holding, LLC agreed to acquire 27.20% stake in Wheels, Inc. from Apollo Global Management, Inc. (NYSE:APO) on June 27, 2024. Annuncio • Jun 13
Lithia Motors, Inc. (NYSE:LAD) acquired Sunrise Chevrolet Buick Gmc At Collierville, LLC and Sunrise Pontiac-Gmc Truck, Inc. Lithia Motors, Inc. (NYSE:LAD) acquired Sunrise Chevrolet Buick Gmc At Collierville, LLC and Sunrise Pontiac-Gmc Truck, Inc. on June 11, 2024. The acquisitions were financed using existing on-balance sheet capacity. Lithia Motors, Inc. (NYSE:LAD) completed the acquisition of Sunrise Chevrolet Buick Gmc At Collierville, LLC and Sunrise Pontiac-Gmc Truck, Inc. on June 11, 2024. Declared Dividend • Apr 26
First quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (6% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: US$5.89 (vs US$8.32 in 1Q 2023) First quarter 2024 results: EPS: US$5.89 (down from US$8.32 in 1Q 2023). Revenue: US$8.56b (up 23% from 1Q 2023). Net income: US$162.6m (down 29% from 1Q 2023). Profit margin: 1.9% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Apr 24
Lithia Motors, Inc. Approves Dividend for the First Quarter of 2024, Payable on May 24, 2024 The Board of Directors of Lithia Motors, Inc. approved a dividend of $0.53 per share related to first quarter 2024 financial results. The dividend is expected to be paid on May 24, 2024 to shareholders of record on May 10, 2024. Annuncio • Apr 10
Lithia Motors, Inc. to Report Q1, 2024 Results on Apr 24, 2024 Lithia Motors, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 24, 2024 Buy Or Sell Opportunity • Apr 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to €262. The fair value is estimated to be €331, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Annuncio • Mar 13
Lithia Motors, Inc., Annual General Meeting, Apr 23, 2024 Lithia Motors, Inc., Annual General Meeting, Apr 23, 2024, at 08:30 Pacific Daylight. Agenda: To elect the seven director nominees named in this proxy statement; to approve, by an advisory vote, named executive officer compensation; and to ratify the appointment of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2024. Buy Or Sell Opportunity • Mar 06
Now 20% undervalued Over the last 90 days, the stock has risen 11% to €272. The fair value is estimated to be €341, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Upcoming Dividend • Feb 29
Upcoming dividend of US$0.50 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 22 March 2024. Payout ratio is a comfortable 5.5% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.2%). Buy Or Sell Opportunity • Feb 20
Now 23% undervalued Over the last 90 days, the stock has risen 8.9% to €270. The fair value is estimated to be €352, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Declared Dividend • Feb 19
Fourth quarter dividend of US$0.50 announced Shareholders will receive a dividend of US$0.50. Ex-date: 7th March 2024 Payment date: 22nd March 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Reported Earnings • Feb 15
Full year 2023 earnings released: EPS: US$36.26 (vs US$44.36 in FY 2022) Full year 2023 results: EPS: US$36.26 (down from US$44.36 in FY 2022). Revenue: US$31.0b (up 10% from FY 2022). Net income: US$1.00b (down 20% from FY 2022). Profit margin: 3.2% (down from 4.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Feb 14
Lithia Motors, Inc. Approves Dividend for Fourth Quarter 2023, Payable on March 22, 2024 The Board of Directors of Lithia Motors, Inc. approved a dividend of $0.50 per share related to fourth quarter 2023 financial results. The dividend is expected to be paid on March 22, 2024 to shareholders of record on March 9, 2024. Annuncio • Feb 01
Lithia Motors, Inc. completed the acquisition of UK Motor Business and Leasing Business from Pendragon PLC. Lithia Motors, Inc. agreed to acquire UK Motor Business and Leasing Business from Pendragon PLC for approximately £250 million on September 18, 2023. The consideration is subject to certain financial adjustments. Lithia to assume all existing Pendragon net bank debt and pension obligations, leaving the Continuing Group with no indebtedness, legacy pension liabilities, or retained liabilities from the UK motor business and leasing business. In a related transaction, Pendragon and Lithia Motors, Inc. have also agreed the terms of a strategic partnership with Lithia, including the rollout of Pinewood, the Company's dealer management software business, to Lithia's existing 50 UK sites and the creation of a joint venture to accelerate Pinewood's entry into the highly attractive North American DMS market, underpinned by a subscription by Lithia for 279,388,880 new Ordinary Shares in the Company for an aggregate subscription price of £30 million. The acquisition is subject to customary conditions, including Pendragon shareholder approval; the CMA Condition; the Reorganisation Condition; the FCA Conditions; the Pensions Condition; and the OEM Condition. Subject to satisfaction of the conditions to the Transaction, completion is expected to occur in Q4 2023. James Thomlinson, Thomas Bective and Jordan Cameron of Jefferies International Limited acted as financial advisor, sponsor and Joint Corporate Broker; and James Parkes and Kieran O'Brien of CMS Cameron McKenna Nabarro Olswang LLP acted as legal advisor to Pendragon PLC. As of October 2, 2023, the UK Financial Conduct Authority (FCA) has approved a supplementary circular in relation to the Transaction. Completion of the Transaction is conditional on, among other things, the approval of Pendragon's shareholders at the General Meeting, which will be held on October 25, 2023. As of October 25, 2023, The shareholders of Pendragon has approved the transaction on October 25, 2023.
Lithia Motors, Inc. completed the acquisition of UK Motor Business and Leasing Business from Pendragon PLC for approximately £370 million on January 31, 2024. Annuncio • Jan 26
Lithia Motors, Inc. (NYSE:LAD) agreed to acquire Carousel Motor Group, LLC from Pohlad Companies, Inc. Lithia Motors, Inc. (NYSE:LAD) agreed to acquire Carousel Motor Group, LLC from Pohlad Companies, Inc. on January 25, 2024. The transaction is expected to close in the next six to eight weeks. Stephens Inc. serving as financial adviser and Taft Stettinius & Hollister LLP is serving as legal counsel to Pohlad Companies, Inc. Annuncio • Jan 23
Lithia & Driveway Promotes Adam Chamberlain as Chief Customer Officer Lithia & Driveway has promoted Adam Chamberlain to Chief Customer Officer (CCO). With the foundational elements of the LAD Strategy now in place, Chamberlain's expanded role will involve innovating the customer experience across extensive network, including the Driveway experience, Greencars.com, and other emerging adjacencies. Chamberlain will also continue to support store operations in the U.S. Eastern region as Regional President. Prior to Lithia & Driveway, the Atlanta-based automotive executive held the role of President at Aston Martin NA after spending over five years as Vice President of Sales and Products for Mercedes Benz USA, where he excelled in leading diverse teams to deliver great customer-oriented business results. Annuncio • Jan 18
Lithia Motors, Inc. to Report Q4, 2023 Results on Feb 14, 2024 Lithia Motors, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €286, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Specialty Retail industry in Germany. Total returns to shareholders of 27% over the past three years. Annuncio • Nov 18
Lithia Motors, Inc. Announces Retirement of Scott Hillier Regional President of Lad, Effective July 1, 2024 Lithia Motors, Inc. announced on November 15, 2023, that Scott Hillier, Regional President of LAD will be retiring, effective July 1, 2024. Mr. Hillier joined Lithia in 1986, working in one of LAD’s original stores in Medford, Oregon. In his 35-year career with LAD, he helped foster a culture of high performance and mentored store leadership across the organization. Mr. Hillier and CEO Bryan DeBoer grew up together in operations, where Mr. Hillier served in multiple roles over the last four decades. In the coming months, Mr. Hillier's areas of responsibility will transition to Adam Chamberlain, Regional President, and other LAD executives. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.50 per share at 0.8% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 17 November 2023. Payout ratio is a comfortable 5.1% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.2%). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$9.46 (vs US$11.99 in 3Q 2022) Third quarter 2023 results: EPS: US$9.46 (down from US$11.99 in 3Q 2022). Revenue: US$8.28b (up 14% from 3Q 2022). Net income: US$261.5m (down 21% from 3Q 2022). Profit margin: 3.2% (down from 4.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 26
Lithia Motors, Inc. Approves Dividend for Third Quarter 2023, Payable on November 17, 2023 Lithia Motors, Inc. announced that the Board of Directors approved a dividend of $0.50 per share related to third quarter 2023 financial results. The dividend is expected to be paid on November 17, 2023 to shareholders of record on November 10, 2023. Annuncio • Oct 05
Lithia Motors, Inc. to Report Q3, 2023 Results on Oct 25, 2023 Lithia Motors, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023 Annuncio • Sep 19
Lithia Motors, Inc. agreed to acquire UK Motor Business and Leasing Business from Pendragon PLC for approximately £250 million. Lithia Motors, Inc. agreed to acquire UK Motor Business and Leasing Business from Pendragon PLC for approximately £250 million on September 18, 2023. The consideration is subject to certain financial adjustments. Lithia to assume all existing Pendragon net bank debt and pension obligations, leaving the Continuing Group with no indebtedness, legacy pension liabilities, or retained liabilities from the UK motor business and leasing business. In a related transaction, Pendragon and Lithia Motors, Inc. have also agreed the terms of a strategic partnership with Lithia, including the rollout of Pinewood, the Company's dealer management software business, to Lithia's existing 50 UK sites and the creation of a joint venture to accelerate Pinewood's entry into the highly attractive North American DMS market, underpinned by a subscription by Lithia for 279,388,880 new Ordinary Shares in the Company for an aggregate subscription price of £30 million. The acquisition is subject to customary conditions, including Pendragon shareholder approval; the CMA Condition; the Reorganisation Condition; the FCA Conditions; the Pensions Condition; and the OEM Condition. Subject to satisfaction of the conditions to the Transaction, completion is expected to occur in Q4 2023. James Thomlinson, Thomas Bective and Jordan Cameron of Jefferies International Limited acted as financial advisor, sponsor and Joint Corporate Broker; and CMS Cameron McKenna Nabarro Olswang LLP acted as legal advisor to Pendragon PLC. Recent Insider Transactions • Sep 03
Founder & Chairman recently sold €1.4m worth of stock On the 30th of August, Sidney DeBoer sold around 5k shares on-market at roughly €284 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €7.3m. Sidney has been a net seller over the last 12 months, reducing personal holdings by €4.3m. Upcoming Dividend • Aug 03
Upcoming dividend of US$0.50 per share at 0.7% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 4.6% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). New Risk • Aug 02
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €11m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Significant insider selling over the past 3 months (€11m sold). Recent Insider Transactions • Aug 02
CEO, President & Director recently sold €7.3m worth of stock On the 31st of July, Bryan DeBoer sold around 26k shares on-market at roughly €280 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Bryan's only on-market trade for the last 12 months. Annuncio • Jul 28
Lithia Motors, Inc. Provide Earnings Guidance for the Full Year of 2023 Lithia Motors, Inc. provided earnings guidance for the full year of 2023. For the year, The company expects to incur a loss in the range of $50 million to $55 million. Annuncio • Jul 27
Lithia Motors, Inc. Approves Dividend for Second Quarter 2023, Payable on August 25, 2023 The Board of Directors of Lithia Motors, Inc. approved a dividend of $0.50 per share related to second quarter 2023 financial results. The dividend is expected to be paid on August 25, 2023 to shareholders of record on August 11, 2023. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$10.77 (vs US$11.67 in 2Q 2022) Second quarter 2023 results: EPS: US$10.77 (down from US$11.67 in 2Q 2022). Revenue: US$8.11b (up 12% from 2Q 2022). Net income: US$297.2m (down 10% from 2Q 2022). Profit margin: 3.7% (down from 4.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 06
Lithia Motors, Inc. to Report Q2, 2023 Results on Jul 26, 2023 Lithia Motors, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Jul 26, 2023 Annuncio • Jun 22
Lithia Motors, Inc. (NYSE:LAD) acquired Wade Ford, Inc. Lithia Motors, Inc. (NYSE:LAD) acquired Wade Ford, Inc. on June 21, 2023. Lithia & Driveway adding an estimated $285 million in annualized revenue. The acquisition was financed using existing on-balance sheet capacity.Lithia Motors, Inc. (NYSE:LAD) completed the acquisition of Wade Ford, Inc. on June 21, 2023. Annuncio • Jun 14
Lithia Motors, Inc. (NYSE:LAD) acquired 13 locations of Priority Auto Group, Inc. in Virginia from Priority Auto Group, Inc. Lithia Motors, Inc. (NYSE:LAD) acquired 13 locations of Priority Auto Group, Inc. in Virginia from Priority Auto Group, Inc. on June 13, 2023. The business is comprised of three Honda stores, two Toyota stores, two Chevrolet stores, a Ford store, a Hyundai and a few smaller stores, all servicing customers in the Greater Chesapeake Bay area. These exceptional stores are projected to generate more than $1.2 billion in annualized revenue. These additions bring Lithia & Driveway's total year-to-date expected annualized revenue acquired to over $3.2 billion. The acquisition was financed using existing on-balance sheet capacity.Lithia Motors, Inc. (NYSE:LAD) completed the acquisition of 13 locations of Priority Auto Group, Inc. in Virginia from Priority Auto Group, Inc. on June 13, 2023. Recent Insider Transactions • May 09
Insider recently sold €297k worth of stock On the 8th of May, George Hines sold around 1k shares on-market at roughly €199 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.4m more than they bought in the last 12 months. Upcoming Dividend • May 04
Upcoming dividend of US$0.50 per share at 0.9% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 4.3% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.6%). Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$8.32 (vs US$11.60 in 1Q 2022) First quarter 2023 results: EPS: US$8.32 (down from US$11.60 in 1Q 2022). Revenue: US$6.97b (up 4.0% from 1Q 2022). Net income: US$228.7m (down 33% from 1Q 2022). Profit margin: 3.3% (down from 5.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €205, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 245% over the past three years. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.42 per share at 0.7% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%). Annuncio • Feb 16
Lithia & Driveway Approves Dividend for the Fourth Quarter 2022, Payable on March 24, 2023 Lithia & Driveway approved a dividend of $0.42 per share related to fourth quarter 2022 financial results. The dividend is expected to be paid on March 24, 2023 to shareholders of record on March 10, 2023. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$44.21 (vs US$36.79 in FY 2021) Full year 2022 results: EPS: US$44.21 (up from US$36.79 in FY 2021). Revenue: US$28.2b (up 24% from FY 2021). Net income: US$1.25b (up 18% from FY 2021). Profit margin: 4.4% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €268, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €269 per share. Annuncio • Jan 25
Lithia Motors, Inc. to Report Q4, 2022 Results on Feb 15, 2023 Lithia Motors, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 15, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Director Jim Lentz was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 3.6% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$11.94 (vs US$10.16 in 3Q 2021) Third quarter 2022 results: EPS: US$11.94 (up from US$10.16 in 3Q 2021). Revenue: US$7.30b (up 18% from 3Q 2021). Net income: US$329.6m (up 7.0% from 3Q 2021). Profit margin: 4.5% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 20
Founder & Chairman recently bought €267k worth of stock On the 19th of August, Sidney DeBoer bought around 1k shares on-market at roughly €267 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Sidney has been a net seller over the last 12 months, reducing personal holdings by €6.6m. Upcoming Dividend • Aug 04
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 3.6% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.9%). Reported Earnings • Jul 21
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$7.24b (up 21% from 2Q 2021). Net income: US$331.3m (up 8.7% from 2Q 2021). Profit margin: 4.6% (down from 5.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 8.3% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €241, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total returns to shareholders of 131% over the past three years. Recent Insider Transactions • Jun 08
Founder & Chairman recently sold €289k worth of stock On the 6th of June, Sidney DeBoer sold around 998 shares on-market at roughly €290 per share. In the last 3 months, they made an even bigger sale worth €1.4m. Sidney has been a seller over the last 12 months, reducing personal holdings by €5.4m. Recent Insider Transactions • May 19
Founder & Chairman recently sold €1.4m worth of stock On the 17th of May, Sidney DeBoer sold around 5k shares on-market at roughly €290 per share. This was the largest sale by an insider in the last 3 months. Sidney has been a seller over the last 12 months, reducing personal holdings by €5.1m. Upcoming Dividend • May 05
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 3.5% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (2.8%). Reported Earnings • May 01
First quarter 2022 earnings released: EPS: US$11.60 (vs US$5.85 in 1Q 2021) First quarter 2022 results: EPS: US$11.60 (up from US$5.85 in 1Q 2021). Revenue: US$6.71b (up 54% from 1Q 2021). Net income: US$342.2m (up 119% from 1Q 2021). Profit margin: 5.1% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Shauna McIntyre was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 21
First quarter 2022 earnings released First quarter 2022 results: Revenue: US$6.71b (up 54% from 1Q 2021). Net income: US$342.2m (up 119% from 1Q 2021). Profit margin: 5.1% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 13% growth forecast for the industry in Germany.