$370.360
-0.667 (-0.18%)收盤時
LAD 資訊
LAD 事件
Board Approves $0.70 Dividend Per Share
The board of directors approved a dividend of 70c per share related to second quarter 2026 financial results. The dividend is expected to be paid on August 21 to shareholders of record on August 7.
Q2 Revenue of $9.79B Exceeds Expectations
Reports Q2 revenue $9.79B, consensus $9.64B. "Our team delivered differentiated growth across the platform, with record quarterly revenues, stable new vehicle margins, improved used vehicle profitability, and meaningful sequential SG&A improvement. Financing Operations delivered 80% income growth, with expanding margins and increasing penetration," said Bryan DeBoer, President and CEO. "We continued to return value to shareholders this quarter, expanding our repurchase authorization by $500 million and purchasing nearly 4% of shares. Our ecosystem is delivering on its design, and we carry strong momentum into the second half of the year."
Lithia & Driveway Increases Share Repurchase Authorization by $500M
Lithia & Driveway announced an increase to its share repurchase authorization of $500M to bring the current remaining authorization to $726M.
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