Entering text into the input field will update the search result below

More on Lithia Motors' Q4

Feb. 15, 2017 9:14 AM ETLithia Motors, Inc. (LAD) StockBy: Niloofer Shaikh, SA News Editor
  • Lithia Motors (NYSE:LAD) reports total same-store sales rose 5.1% in Q4.
  • Same-store sales breakdown: New vehicle retail: +4.2%; Used vehicle retail: +11.3%; Used vehicle wholesale: -3.2%; Finance and insurance: +14.7%; Service, body and parts: +6.9%; Fleet and other: -69.2%.
  • Revenue breakdown: New vehicle retail: $1.34B (+14.4%); Used vehicle retail: $559.69M (+19.2%); Used vehicle wholesale: $69.49M (+10.2%); Finance and insurance: $84.53M (+21.9%); Service, body and parts: $228.42M (+18.3%); Fleet and other: $14.03M (-54.1%).
  • Same store F&I per unit +$108 Y/Y to $1,295.
  • Gross margin rate slipped 10 bps to 14.6%.
  • Adjusted SG&A expense rate up 20 bps to 10.2%.
  • Adjusted operating margin rate fell 30 bps to 3.8%.
  • Total retail units sold +15.3% Y/Y to 67,262 units.
  • FY2017 Guidance: Total revenues: $9.2B to $9.4B; New vehicle same-store sales: +1.5%; Used vehicle same-store sales: +5.5%; Service body and parts same-store sales: +5%; New vehicle gross margin: 5.5% to 5.7%; Used vehicle gross margin: 11.5% to 11.7%; Service body and parts gross margin: 48.2% to 48.4%; Tax rate: 39.5%; Diluted EPS: $8 to $8.3; Average diluted shares outstanding: 25.3M.
  • LAD -0.79% premarket.

Recommended For You

More Trending News

About LAD Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
LAD--
Lithia Motors, Inc.