Lithia (LAD) Reports Q1 2026 Earnings with Record Revenue and Mixed Performance
Lithia (LAD) reported Q1 2026 earnings with total revenue of $9.3 billion, a record high despite a 1.7% decline in same-store sales. Adjusted diluted EPS rose to $7.34, showing sequential improvement, but same-store gross profit fell 2.3% due to challenging comparisons. Used vehicle revenue increased, while new vehicle and luxury brand revenue declined.
Tickers: $LAD
Topics: After-Sales Revenue Driveway Finance Corporation Earnings F&I Per Retail Unit Luxury Brand Performance New Vehicle Sales Profit Revenue Same-Store Sales Used Vehicle Sales