Business Summary: Lithia Motors, Inc. is a global automotive retailer providing a range of products and services throughout the vehicle ownership lifecycle. The Company's products and services are offered through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. The Company’s segments include Vehicle Operations and Financing Operations. Its Vehicle Operations segment consists of all aspects of its auto merchandising and aftersales operations, excluding financing provided by its Financing Operations. The Company's Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations, as well as leasing vehicles from its fleet management services provider. Its Driveway and GreenCars brands and online customer portal complement its in-store experiences in the United States and provide platforms that serve as its e-commerce home solutions.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Lithia Motors Inc revenues increased 1% to $9.27B. Net income decreased 52% to $100.4M. Revenues reflect United Kingdom segment increase of 7% to $1.99B, Canada segment increase of 8% to $276.4M, Comp. Store Sales-Used Vehicle increase from -0.9 to 4.6%, Comp. Store Sales (Value) - UV increase of 24% to $3.3B, Value of Retail Sales - Used Vehicle increase of 20% to $3.49B.