Lithia Motors is a leading automotive retailer in the United States, specializing in the sale of new and used vehicles across various brands, alongside providing related services such as financing and vehicle maintenance
With a widespread presence in multiple states, the company operates an extensive network of dealerships that cater to a diverse customer base. Lithia Motors emphasizes a customer-centric approach and leverages innovative technology to enhance the car-buying experience, aiming to simplify the process and provide exceptional service. The company is committed to growth through acquisitions and expanding its dealership operations, while also promoting a culture of integrity and community involvement.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 1.6%. This drawdown was disappointing since the S&P 500 climbed 8.1%.
Cooperman takes conservative view for portfolio due to Trump's second term and high interest rates. Favors cash and undervalued stocks like FIHL, LAD, VRT.
Automotive retailer Lithia Motors (NYSELAD) announced better-than-expected revenue in Q4 CY2024, with sales up 20.2% year on year to $9.22 billion. Its non-GAAP profit of $7.79 per share was 8.2% above analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at MarineMax (NYSEHZO) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automotive and marine retail stocks fared in Q3, starting with OneWater (NASDAQONEW).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vehicle retailer industry, including Camping World (NYSECWH) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at vehicle retailer stocks, starting with Lithia (NYSELAD).
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the vehicle retailer stocks, including America's Car-Mart (NASDAQCRMT) and its peers.
What a fantastic six months it’s been for Lithia. Shares of the company have skyrocketed 43.6%, hitting $387. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
