LAD - Lithia Motors Navigates Mixed Q4 Results: Sales Up But Fall Short Of Expectations Steady EPS And New Dividend | Benzinga
Lithia Motors Inc (NYSE:LAD) reported a fourth-quarter FY23 sales growth of 10.5% year-on-year to $7.67 billion, missing the analyst consensus of $7.95 billion.
Adjusted EPS of $8.24 was in line with the analyst consensus.
New vehicle retail revenues increased by 21.4% Y/Y and used vehicle retail revenues improved by 1.8% Y/Y.
Driveway averaged nearly 2.8 million ...