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home / news releases / LAD - Lithia Motors Inc. (LAD) Q1 2024 Earnings Call Transcript


LAD - Lithia Motors Inc. (LAD) Q1 2024 Earnings Call Transcript

2024-04-24 14:10:22 ET

Lithia Motors, Inc. (LAD)

Q1 2024 Earnings Call Transcript

April 24, 2024 10:00 AM ET

Company Participants

Amit Marwaha - Director of IR

Bryan DeBoer - President and CEO

Chris Holzshu - EVP and COO

Tina Miller - SVP and CFO

Chuck Lietz - SVP of Driveway Finance

Adam Chamberlain - Chief Customer Officer

Conference Call Participants

Ryan Sigdahl - Craig-Hallum Capital Group

Bret Jordan - Jefferies

John Murphy - Bank of America

Rajat Gupta - JPMorgan

Douglas Dutton - Evercore ISI

Chris Bottiglieri - BNP Paribas

Ron Josey - Citi

Colin Langan - Wells Fargo

David Whiston - Morningstar

Presentation

Operator

Greetings, and welcome to Lithia Motors First Quarter 2024 Earnings Conference Call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Amit Marwaha. Thank you. You may begin.

Amit Marwaha

Thanks for joining us for our first quarter earnings call. With me today are Bryan DeBoer, President and CEO; Chris Holzshu, Executive Vice President and COO; Tina Miller, Senior Vice President and CFO; Chuck Lietz, Senior Vice President of Driveway Finance; and finally, Adam Chamberlain, Chief Customer Officer.

This discussion may include statements about future events, financial projections and expectations about the company's products, markets and growth. Such statements are forward-looking and subject to risks and uncertainties that could cause actual results to materially differ from the statements made. We disclose those risks and uncertainties we deem to be material in our filings with the Securities and Exchange Commission. We urge you to carefully consider these disclosures and not to place undue reliance on forward-looking statements. We undertake no duty to update any forward-looking statements, which are made as of the date of this release.

Our results discussed today include references to non-GAAP financial measures. Please refer to the text of today's press release for a reconciliation of comparable GAAP measures. We have also posted an updated investor presentation on our website, investors.lithiadriveway.com, highlighting our first quarter results....

For further details see:

Lithia Motors, Inc. (LAD) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Lithia Motors Inc.
Stock Symbol: LAD
Market: NYSE
Website: lithiainvestorrelations.com

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