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0 -0.00134387098838517 -0.002239784980642 0.000127987713179418 -0.00204780341087269 0.00196781109013519 0.00780725050395161 0.00875115988865055
Stock impact report

Lithia & Driveway Bolsters Retail Network And Boosts Stock Buyback: Details [Yahoo! Finance]

Lithia Motors, Inc. (LAD) 
Last lithia motors, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: lithiainvestorrelations.com
Company Research Source: Yahoo! Finance
Lithia Motors (NYSE: LAD ) Lithia & Driveway announced the acquisition of Elk Grove Subaru in California, further strengthening its presence in the Sacramento area and expanding its Southwest regional network. Deal terms were not disclosed. The acquisition is expected to generate $100 million in annual revenue, bringing LAD's total year-to-date acquired annualized revenue to $180 million. The company funded the transaction using existing on-balance sheet capacity. It held $445.8 million in cash and equivalents as of December 31, 2024. “This addition strengthens our presence in the Southwest region and continues our strategy of expanding our network with high-performing partners like Subaru,” stated Bryan DeBoer , Lithia & Read more
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