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Lithia Motors & Driveway (LAD) Reports Highest First Quarter Earnings In Company History; Increases Revenue 55% And EPS 195% INCREASES DIVIDEND TO $0.35 PER SHARE FOR FIRST QUARTER News provided by Share this article Share this article MEDFORD, Ore., April 21, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE: LAD) today reported the highest first quarter revenue and earnings per share in company history. First quarter 2021 revenue increased 55% to $4.3 billion from $2.8 billion in the first quarter of 2020. First quarter 2021 net income per diluted share was $5.81, a 195% increase from ...
Good morning and welcome to the Lithia & Driveway First Quarter 2021 Conference Call. [Operator Instructions] I would like to turn the call over to Eric Pitt, Vice President of Investor Relations and Treasurer. Please begin. Eric Pitt -- Vice President, Investor Relations and Treasurer Thank you and welcome to the Lithia & Driveway first quarter 2021 earnings call. Presenting today are Bryan DeBoer, President and CEO; Chris Holzshu, Executive Vice President and COO; and Tina Miller, Senior Vice President and CFO. Today's discussions may include statements about future events, financial proje...
First Florida will remodel the 4,190-square-foot building on a 1.06-acre outparcel in front of Lowe’s. SunTrust closed the branch in February 2019 and sold the property to an investor for $1.4 million. First Florida paid $1.95 million for the site in January 2020. The building was developed in 2005. Fields Collision Center The city issued a mobility fee calculation certificate and a conditional capacity availability statement for Fields PAG Inc. to build a collision center at 10100 Atlantic Blvd. The proposed development includes the renovation of and an addition to the former Porsche Jacks...
Lithia acquires The Suburban Collection Photo courtesy of Lithia Motors & Driveway Tuesday, Apr. 13, 2021, 01:43 PM By Auto Remarketing Staff CARY, N.C. - In what the retailer says is one of the largest purchases ever in terms of franchise count, Lithia Motors & Driveway announced Tuesday that it has purchased The Suburban Collection. The Troy, Mich.-headquartered Suburban Collection includes 56 franchises, with 33 brands across 34 locations. It is also Lithia's first major entry into the North Central region. Lithia anticipates the purchase will add $2....