MEDFORD, Ore., Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), a leader in automotive retail, has realigned organizational leadership to more efficiently realize operational potential and leverage the competitive advantages of its now completed customer ecosystem. To achieve this, Adam Chamberlain has been promoted to Executive Vice President, Chief Operating Officer (COO) and Chris Holzshu will continue as an Executive Vice President, with both supporting LAD's commitment to delivering best-in- ...

How to Participate About Lithia & Driveway (LAD) Sites www.lithia.com www.investors.lithiadriveway.com www.lithiacareers.com www.driveway.com www.greencars.com www.drivewayfinancecorp.com | --- | --- | |----------------------------|-------| | | | | Lithia & Driveway on X | | | https://x.com/lithiamotors | | | https://x.com/DrivewayHQ | | | https://x.com/GreenCarsHQ | | Lithia & Driveway on YouTube https://www.youtube.com/@Lithia_Motors/featured SOURCE Lithia Motors, Inc. MEDFORD, Ore., July 16, 2024 /PRNews ...

Lithia, one of the largest dealership groups in the United States, shares Wheels' dedication to offering comprehensive services throughout the vehicle lifecycle, from acquisition and financing to maintenance and repair. Zacks Rank & Key Picks The consensus estimate for BLBD's 2024 sales and earnings suggests year-over-year growth of 17.29% and 155.14%, respectively. The EPS estimates for 2024 and 2025 have improved 63 cents and 69 cents, respectively, in the past 60 days. Marubeni has been investing in the ...

Marubeni has a strong track record of investing in companies across the US automotive value chain, dating back to 1958. Current Marubeni portfolio companies in the mobility sector include businesses focused on consumer auto finance, refrigerated trailer rental & leasing, and short-term commercial vehicle rentals. As an investor in Wheels in partnership with Apollo-managed funds focused on origination platforms and asset-backed finance strategies, Marubeni is aligned with Apollo's long-term vision for Wheels ...

文章核心观点 - 公司通过收购Sunrise Chevrolet Buick GMC、Sunrise Buick GMC和Woodbridge Hyundai等经销商,进一步扩大在美国东南地区和加拿大大多伦多地区的业务规模 [1][2] - 这些收购预计将为公司带来超过2.4亿美元的年化收入 [1] - 公司表示这些收购有助于提升消费者体验,满足客户需求 [3] - 这些收购使得公司今年累计预期年化收入超过56亿美元 [4] - 公司还完成了对英国Pendragon集团和明尼阿波利斯-圣保罗地区Carousel Motor Group的收购,预计将分别为公司带来45亿美元和9亿美元的年化收入 [5] 行业分析 - 公司目前的股票评级为Zacks Rank 5(强卖) [6] - 同行业中Blue Bird Corporation、Oshkosh Corporation和American Axle & Manufacturing Holdings Inc.的股票评级为Zacks Rank 1(强买) [7] - 分析师预计Blue Bird Corporation 2024年销售额和利润将同比增长17.29%和155.14% [8] - 分析师预计Oshkosh Corporation 2024年销售额和利润将同比增长9.86%和11.92% [9] - 分析师预计American Axle & Manufacturing Holdings Inc. 2024年销售额和利润将同比增长3.05%和544.44% [10]

The dominant Sunrise stores in Tennessee mark LAD's debut in the Memphis market, further expanding its presence in the country's most profitable region. The Woodbridge Hyundai location will eventually occupy an existing owned facility, allowing for strong returns. These additions bring LAD's total year-to-date expected annualized revenue acquired to over $5.6 billion. The acquisitions were financed using existing on-balance sheet capacity. Lithia & Driveway (NYSE: LAD) is one of the largest global automotiv ...

Moreover, Lithia's annualized cash flow growth rate of 32% over the past 3-5 years is impressive compared to the industry average of 17%. To enhance shareholder value, the company boosted its share buyback program by $350 million yesterday, bringing the remaining buyback authorization to $660 million. Additionally, Lithia has consistently increased its dividend, with the latest hike to 53 cents per share and a five-year annualized growth rate of 13.73%. With a payout ratio of just 6%, the dividend growth ap ...

About Lithia & Driveway (LAD) Lithia & Driveway (NYSE: LAD) is one of the largest global automotive retailers providing a wide array of products and services throughout the vehicle ownership lifecycle. Simple, convenient, and transparent experiences are offered through our comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. We deliver consistent, profitable growth in a massive and unconsolidated industry. Our highly diversified and ...

It has been about a month since the last earnings report for Lithia Motors (LAD) . Shares have lost about 1.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Lithia Motors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Lithia Q1 Earnings Miss Expectations, Divi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-14733 Lithia Motors, Inc. (Exact name of registrant as specified in its charter) Oregon 93-0572810 (State or other jurisdiction of (I.R.S. Employer Identification No.) inc ...