Reports Q1 revenue $9.19B, consensus $9.28B. New retail units increased 3.6% on a same-store basis and used retail unit growth improved from down 4.3% to down 0.4% on a sequential same-store basis. “Our strong first quarter performance reflects the power of our integrated ecosystem and the disciplined execution of the Lithia & Driveway strategy by our teams,” said Bryan DeBoer, president and CEO. “We achieved profitable growth year over year in each month this quarter as we grew market share and drove operating efficiencies across our network and adjacencies. Our diverse business model allows us to be agile in a dynamic market, and we remain focused on delivering consistent, high-quality experiences across every channel throughout 2025 and beyond.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAD:
- Lithia & Driveway price target lowered to $430 from $460 at BofA
- Lithia & Driveway price target lowered to $356 from $417 at Guggenheim
- Lithia Motors: Positioned for Growth with Strong Sales, Cost Savings, and Profitable Finance Segment
- Lithia & Driveway price target lowered to $308 from $397 at Wells Fargo
- Lithia Motors (LAD) Q1 Earnings Cheat Sheet