LAD

MEDFORD, Ore., July 14, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced its second quarter 2026 results will be released before the market opens on Wednesday, July 29, 2026. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD)Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and convenient experiences throughout the ownership lifecycle. LAD helps customers take care of any vehicle need through a comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Celebrating 80 years in business in 2026, LAD consistently delivers profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides LAD with the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire. The 80th Celebrationhttps://www.lithiadriveway.com/80-years Connect with Us!All Cars: https://www.lithia.comDriveway.com (Buy, sell, trade, or finance entirely online): https://www.driveway.comGreenCars (All things sustainable vehicles): https://www.greencars.comDFC (Auto Financing): https://www.drivewayfinancecorp.comInvestor Relations: https://investors.lithiadriveway.com/Careers: https://www.lithiacareers.comLithia & Driveway on Instagramhttps://www.instagram.com/lithiamotors/?hl=enhttps://www.instagram.com/driveway_hq/Lithia & Driveway on Facebookhttps://www.facebook.com/lithiaanddriveway/https://www.facebook.com/DrivewayHQLithia & Driveway on Xhttps://x.com/lithiadrivewayhttps://x.com/DrivewayHQhttps://x.com/GreenCarsHQLithia & Driveway on LinkedInhttps://www.linkedin.com/company/lithia-motors/Lithia & Driveway on YouTubehttps://www.youtube.com/@LithiaDriveway Media Contact [email protected]

The earnings report showed some turnaround progress. But the day added a fresh challenge in the form of a possible rate hike.

It has been about a month since the last earnings report for Lithia Motors (LAD). Shares have added about 1.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Lithia Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Lithia posted first-quarter 2026 adjusted earnings of $7.34 per share, down 4% from $7.66 a year ago. However, the bottom line beat the Zacks Consensus Estimate of $7.06 by 4%. Quarterly revenues rose 1% year over year to $9.27 billion but came in below the Zacks Consensus Estimate of $9.36 billion by 0.9%. Operationally, Driveway Finance Corporation generated record originations of $840 million with an 18% penetration rate and an average FICO score of 750. The quarter’s top-line mix showed clear relative strength in used vehicles and aftersales. Used vehicle revenues increased 7.3% year over year to $3,489.4 million, while aftersales revenues rose 6.1% to $1,042.9 million. Same-store trends were consistent with that mix shift. Same-store used vehicle revenues increased 4.6% to $3,302.0 million, and same-store aftersales revenues advanced 3.8% to $992.1 million, reflecting steady service demand from Lithia’s growing installed base. Those gains helped offset softer new-vehicle demand. New vehicle revenues declined 4.4% to $4,379.4 million, and finance and insurance revenues slipped 1.3% to $359.7 million, leaving total revenues modestly higher. Same-store new vehicle revenues fell 7.1% year over year, while same-store revenues from finance and insurance fell 3.8%. Volume data reinforced the quarter’s revenue pattern. New vehicle unit sales decreased 4.7% year over year to 94,787 units, while used retail unit sales increased 2.6% to 110,151 units. Pricing moved in opposite directions. Average selling price for new vehicles (excluding agency) edged down 0.7% to $46,878, whereas the used retail average selling price climbed 4.7% to $28,464. That combination of higher used pricing and used volumes supported the period’s used revenue growth. Profitability across major lines was mixed, with aftersales continuing to stand out. Aftersales gross margin improved 150 basi...

AutoNation, Inc. AN reported first-quarter 2026 adjusted earnings of $4.69 per share, which missed the Zacks Consensus Estimate of $4.71 by 0.43%. Revenues amounted to $6.55 billion, which missed the Zacks Consensus Estimate of $6.66 billion by 1.6%. The top line declined from $6.69 billion reported in the first quarter of 2025. The results showed a familiar pattern: strong performance in higher-margin businesses was offset by weaker sales volumes and higher costs. Adjusted free cash flow was $255.6 million, with a solid 155% conversion of adjusted net income. AutoNation, Inc. price-consensus-eps-surprise-chart | AutoNation, Inc. Quote AN’s consolidated revenues declined as new-vehicle sales softened. New-vehicle revenues fell to $3.01 billion from $3.25 billion a year ago, mainly due to fewer cars being sold and a lower contribution from this segment. New vehicle retail units sold dropped 7.9% year over year to 57,482 units. The average selling price (ASP) per new vehicle unit retailed was $52,382. Gross profit from the segment was $144.5 million, which declined 17.4% year over year. Gross profit per new vehicle retailed slid to $2,514, indicating profitability pressures in the new-vehicle channel versus the year-ago period. AN’s used-vehicle results were more stable than new vehicles, helped by pricing and mix. Retail used-vehicle revenues increased 1.5% year over year to $1.82 billion, while used vehicle retail units sold declined 3.2% to 65,818 units. ASP per used vehicle unit retailed totaled $27,646. Gross profit from the segment was $104.9 million. Gross profit per used vehicle retailed totaled $1,594. Revenues from wholesale used vehicles were up 10.7% to $144.2 million. Gross profit rose to $16.5 million from $11.5 million reported a year ago. Finance and insurance remained a steady earnings contributor. Finance and insurance, net revenues were essentially flat at $352 million, and gross profit from the segment was $352 million. Gross profit per unit in this category improved to $2,855. Combined with used-vehicle dynamics, these steadier lines continued to support gross profit durability even as total retail units fell. AutoNation’s parts and service operation delivered the clearest growth signal in the quarter. Parts and service revenues increased 4.9% year over year to $1.22 billion, supported by continued demand for maintenance and repair work. P...

Sonic Automotive, Inc. SAH posted first-quarter 2026 adjusted earnings per share of $1.62, which increased 9.5% year over year and beat the Zacks Consensus Estimate of $1.46 by 11.34%. Total revenues rose 1.02% year over year to $3.69 billion but missed the Zacks Consensus Estimate of $3.74 billion by 1.41%. Results reflected solid profitability even though demand was uneven across parts of the vehicle market. Strong performance in higher-margin areas helped balance the weaker spots. In particular, same-store finance and insurance profit per vehicle at franchised dealerships rose 6% year over year to $2,594. On a consolidated basis, SAH’s revenue mix was uneven across categories. New-vehicle revenues totaled $1.63 billion, down 3% year over year, while used-vehicle revenues increased 4% to $1.27 billion. The higher-growth areas were Service and F&I businesses. Revenues from parts, service and collision repair increased 9% to $516.6 million, while finance, insurance and other income rose 6% to $202.4 million. These areas helped support overall revenue growth even as new-vehicle sales remained weak. Sonic’s Franchised Dealerships segment produced revenues of $3.07 billion, essentially flat year over year. Within the segment, parts, service and collision repair revenues climbed 9% to $509.3 million, while finance, insurance and other revenues improved 7% to $139.3 million. Same-store revenues declined 4% year over year to $2.91 billion, with same-store retail new vehicle unit volume down 10% to 24,725 and same-store retail used vehicle unit volume up 3% to 25,636. Same-store fixed operations gross profit increased 5% to $247.1 million, and the same-store fixed operations gross profit margin improved 40 basis points to 51.1%, supporting profitability even as new-vehicle trends softened. SAH’s EchoPark segment remained a bright spot. Segment revenues increased 4% year over year to $580.5 million, and total gross profit grew 6% to $67.9 million, supported by higher finance and insurance contribution alongside modest vehicle gross profit improvement. Profitability improved significantly compared to the previous year. EchoPark reported segment income of $16.2 million versus $10.3 million in the prior-year quarter, while adjusted segment income rose to $12.6 million from $10.1 million. Adjusted EBITDA improved to $18.6 million compared with $15.8 million a year ago....

Record revenues of $9.3 billion were driven by the operational resilience of a diversified model where growth in aftersales and used vehicles balanced new vehicle headwinds. New vehicle revenue declines of 7.1% reflected a difficult year-over-year comparison against 2025's tariff avoidance pull-forward and ongoing cyclical market normalization. Used vehicle revenue grew 4.6% on a same-store basis, supported by dynamic pricing strategies and a focus on high-demand 'value auto' and low-mileage vintage vehicles. The aftersales business achieved 5.7% gross profit growth and margin expansion to 58.7%, serving as a predictable, high-margin anchor across market cycles. Management is aggressively re-architecting sales and service departments to remove organizational layers, aiming to reduce four-layer structures down to two for better efficiency. The U.K. platform demonstrated significant optimization, with adjusted pretax income growing 78% as the team refined the network and integrated emerging Chinese OEM brands. The Pinewood AI rollout is expected to drive SG&A toward a long-term target of the mid-50 percentile range by unifying customer and employee environments. Driveway Finance Corporation (DFC) is positioned to reach a 20-plus percent penetration target, converting vehicle sales into recurring, countercyclical income. Management maintains a capital allocation bias toward aggressive share repurchases while the stock trades at a significant discount to its intrinsic value. Strategic expansion in the U.K. will continue to focus on diversifying the brand portfolio with Chinese OEMs to capture international growth in ICE and hybrid segments. The company remains committed to its long-term target of $2 of EPS for every $1 billion of revenue through store-level productivity and omnichannel scaling. A $20 million contract buyout occurred during the quarter as part of a planned vendor termination to streamline the technology footprint. Adjusted cash flow from operations was $381 million for the quarter, a figure reached after adjusting for a one-time $1.1 billion benefit related to the conversion to a VIN-specific used vehicle floor plan line. Negative equity in trade-ins has climbed but is being managed by leveraging higher margins in new and certified used vehicles to absorb customer disequity. Management noted that while Chinese OEMs are gaining share in the U.K.,...

Lithia reported record revenue of $9.3 billion and adjusted diluted EPS of $7.34, but same-store revenue fell 1.7% and new-vehicle revenue declined 7.1%, with strength in used vehicles and after-sales offsetting new-vehicle pressure. Driveway Finance drove material growth with record originations of $840 million, financing income of $21 million (up 71%), North American penetration of 18%, and a portfolio of about $5 billion. Lithia returned capital via $259 million of share repurchases (roughly 4% of shares) while pushing cost and efficiency initiatives—including a Pinewood.AI dealer-management rollout—to lower SG&A and drive margin improvement (U.K. pre-tax up 78% this quarter). Interested in Lithia Motors, Inc.? Here are five stocks we like better. These 4 Mid-Caps Just Announced Big Buyback Plans Lithia Motors (NYSE:LAD) reported first-quarter results marked by record revenue and what executives described as continued progress in diversifying earnings across new and used vehicle sales, after-sales, and its captive finance platform. During the earnings call, President and CEO Bryan DeBoer said the company generated record revenue of $9.3 billion and adjusted diluted EPS of $7.34, citing “the power of our differentiated and diversified model and the operational resilience that has defined our business across all cycles.” DeBoer added that the quarter included weather challenges and a “dynamic macro backdrop,” but said the company still delivered “solid revenue growth year-over-year.” → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? Ladder Corporation: Climbing Higher And Paying 9% Yield DeBoer said same-store revenue declined 1.7% and total gross profit declined 2.3%, which he attributed in part to a difficult comparison against a “strong first quarter of 2025.” He noted total vehicle gross profit per unit (GPU) was $3,928, essentially flat sequentially versus $3,946 in the fourth quarter. On the sales mix, management pointed to strength in used vehicles and after-sales: Used vehicle revenue rose 4.6% on a same-store basis, with used unit growth of 0.6%. After-sales revenue increased 3.8%, while after-sales gross profit rose 5.7%; after-sales margin expanded to 58.7%. F&I per retail unit was $1,813, which DeBoer said was “essentially flat year-over-year.” → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss 3 Undervalued Consumer Stocks to St...

Image source: The Motley Fool. Wednesday, April 29, 2026 at 10:00 a.m. ET President and Chief Executive Officer — Bryan DeBoer Chief Financial Officer — Tina Miller President of Driveway Finance Corporation — Charles Lietz Need a quote from a Motley Fool analyst? Email [email protected] Bryan DeBoer: Thank you, Jardon. Good morning, and welcome to our first quarter earnings call. In the first quarter, we again achieved record revenues reaching $9.3 billion and adjusted diluted EPS of $7.34 and as our leaders demonstrated the power of our differentiated and diversified model and the operational resilience that has defined our business across all cycles. Our teams executed well despite weather challenges and a dynamic macro backdrop, delivering solid revenue growth year-over-year. We also generated high-quality earnings as our aftersales business continued its steady climb. Used vehicle revenue grew nicely on a same-store basis, and Driveway Finance Corporation delivered another quarter of record originations. These results reflect the differentiated power of our ecosystem when one part of the business faces a little bit of pressure. Our omnichannel platform creates opportunities that sustain earnings and cash flow generation. Across our network, our store teams and department leaders are leaning into what they do best: winning customers, growing share and finding new ways to drive profitability through volume, pricing discipline and cost efficiency. Every incremental customer we bring into our ecosystem multiplies the opportunity ahead of us, creating more DSC originations, stronger after sales retention and a deeper waterfall of future used vehicle trade-ins. During the quarter, our same-store revenues were down 1.7% and total gross profit was down 2.3%, reflecting resilient results against a very difficult year-over-year compensate comparison to the strong first quarter of 2025. Total vehicle GPU was $3,928 essentially flat sequentially from $3,946 in the fourth quarter a positive signal heading into the seasonally stronger months ahead. Our diversified earnings mix continued to provide balance as used vehicle revenues grew 4.6% on a same-store basis. After sales growth grew 5.7% and F&I per unit held steady at $18.13. Note that all vehicle operations results will be on a same-store basis from this point forward as well. New vehicle revenue declined 7.1% on a 7.1...

For the quarter ended March 2026, Lithia Motors (LAD) reported revenue of $9.27 billion, up 1% over the same period last year. EPS came in at $7.34, compared to $7.66 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $9.36 billion, representing a surprise of -0.94%. The company delivered an EPS surprise of +3.91%, with the consensus EPS estimate being $7.06. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Lithia Motors performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Unit sales - New vehicle: 94,787 compared to the 95,181 average estimate based on three analysts. Unit sales - Used vehicle retail: 110,151 versus the three-analyst average estimate of 114,333. Average selling price - New vehicle: $46,878.00 versus the three-analyst average estimate of $48,386.25. Average selling price - Used vehicle retail: $28,464.00 compared to the $28,760.85 average estimate based on three analysts. Revenues- Finance and insurance: $359.7 million versus the four-analyst average estimate of $376.21 million. The reported number represents a year-over-year change of -1.3%. Revenues- Used vehicle: $3.49 billion compared to the $3.25 billion average estimate based on four analysts. The reported number represents a change of +19.5% year over year. Revenues- New vehicle: $4.38 billion versus the four-analyst average estimate of $4.59 billion. The reported number represents a year-over-year change of 0%. Revenues- Aftersales: $1.04 billion versus the four-analyst average estimate of $1.06 billion. The reported number represents a year-over-year change of +6.5%. Same Store Operating- Revenues- Finance and insurance: $345.2 million compared to the $359.12 million average estimate based on two analysts. The reported number represents a change of +0.1% year over year. Same Store Operating- Revenues- Used vehicle: $3.3 billion versus the two-analyst average estimate of $2.92 billion...

Lithia Motors (LAD) reported Q1 adjusted earnings Wednesday of $7.34 per diluted share, down from $7

The first-quarter reporting season for the Auto-Tires-Trucks space has kicked off, with a mixed start. So far, four S&P 500 players—Tesla, Genuine Parts, General Motors and PACCAR—have announced results. Tesla, General Motors and PACCAR managed to top earnings expectations, while Genuine Parts fell short. According to the April 22 Earnings Trends report, the broader auto sector is still expected to deliver solid growth. First-quarter 2025 earnings are projected to rise 10.9% year over year, with revenues likely to increase 3.4%. Many key auto players are scheduled to report their first-quarter 2026 results tomorrow. These include O’Reilly Automotive ORLY, Ford F, Lithia Motors LAD, Penske Automotive PAG and Carvana CVNA. Before we discuss how these companies are expected to fare this time, let’s take a look at the broader factors shaping the quarterly performance of the auto sector. The U.S. auto market lost some momentum in the first quarter of 2026, though the slowdown isn’t entirely surprising. A key factor has been tough comparisons with last year, when demand was temporarily boosted by buyers rushing purchases ahead of tariff hikes. That pull-forward effect has naturally weighed on current volumes. Affordability continues to be a major constraint. Elevated vehicle prices combined with high interest rates have discouraged many potential buyers, leading to weaker retail demand. On top of that, severe winter conditions and higher fuel costs added to consumer caution. Data from GlobalData shows retail vehicle sales fell 16% last month, while fleet demand proved relatively resilient, slipping just over 2%. Although the seasonally adjusted annual rate (SAAR) improved slightly from February levels, it still trailed last year’s pace. According to Cox Automotive, SAAR for the quarter came in at roughly 15.5 million units, down from about 16 million a year earlier. In short, the industry entered the year at a more moderate pace. High costs, lingering supply constraints and a normalization from last year’s demand surge have created a more challenging operating environment for automakers in the first quarter. Our proprietary model indicates that a company needs to have the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — to increase the odds of an earnings beat. You can uncover the best stock...

Lithia Motors LAD posted first-quarter 2026 adjusted earnings of $7.34 per share, down 4% from $7.66 a year ago. However, the bottom line beat the Zacks Consensus Estimate of $7.06 by 4%. Quarterly revenues rose 1% year over year to $9.27 billion but came in below the Zacks Consensus Estimate of $9.36 billion by 0.9%. Operationally, Driveway Finance Corporation generated record originations of $840 million with an 18% penetration rate and an average FICO score of 750. Lithia Motors, Inc. price-consensus-eps-surprise-chart | Lithia Motors, Inc. Quote The quarter’s top-line mix showed clear relative strength in used vehicles and aftersales. Used vehicle revenues increased 7.3% year over year to $3,489.4 million, while aftersales revenues rose 6.1% to $1,042.9 million. Same-store trends were consistent with that mix shift. Same-store used vehicle revenues increased 4.6% to $3,302.0 million, and same-store aftersales revenues advanced 3.8% to $992.1 million, reflecting steady service demand from Lithia’s growing installed base. Those gains helped offset softer new-vehicle demand. New vehicle revenues declined 4.4% to $4,379.4 million, and finance and insurance revenues slipped 1.3% to $359.7 million, leaving total revenues modestly higher. Same-store new vehicle revenues fell 7.1% year over year, while same-store revenues from finance and insurance fell 3.8%. Volume data reinforced the quarter’s revenue pattern. New vehicle unit sales decreased 4.7% year over year to 94,787 units, while used retail unit sales increased 2.6% to 110,151 units. Pricing moved in opposite directions. Average selling price for new vehicles (excluding agency) edged down 0.7% to $46,878, whereas the used retail average selling price climbed 4.7% to $28,464. That combination of higher used pricing and used volumes supported the period’s used revenue growth. Profitability across major lines was mixed, with aftersales continuing to stand out. Aftersales gross margin improved 150 basis points year over year to 58.9%, while total gross profit increased 0.8% to $1,421.7 million. By contrast, vehicle margins narrowed. New-vehicle gross margin fell 50 basis points to 5.9%, and used-vehicle gross margin decreased 40 basis points to 5.4%. Average gross profit per new vehicle declined 7.2% to $2,739, and used retail gross profit per unit slipped 4.6% to $1,688, signaling a tougher margin backdrop...