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CarMax just posted a quarter strong enough to move rivals like Carvana and Lithia Motors higher, but skeptics are questioning whether the real driver was shoppers returning or a set of one-time finance items that may not repeat.
MEDFORD, Ore., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2026 results will be released before the market opens on Wednesday, October 21, 2026. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly e
MEDFORD, Ore., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the acquisition of Rockwall Hyundai in Rockwall, Texas, as part of the company’s continued strategic network expansion and brings an estimated $75 million in annualized revenue. “Adding Rockwall Hyundai to the Lithia & Driveway network strengthens our presence in the growing Dallas-Fort Worth market and creates greater network density for our customers,” said Bryan DeBoer, Lithia & Driveway President
MEDFORD, Ore., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the company is investing $500,000 in more than 200 nonprofit youth and community organizations nationwide through its Lithia4Kids Community Giving Grants, a program that partners with organizations dedicated to educating and strengthening the communities Lithia & Driveway serves. The grants will support a range of local initiatives including schools, children’s hospitals, and youth enrichment. “As an
Lithia Motors stock has produced a 23.7% return over the past three years, while several valuation checks currently point to the shares trading below an estimate of intrinsic value. The Discounted Cash Flow (DCF) and earnings multiple views both lean toward the stock being undervalued relative to its recent performance. A 23.7% three year return suggests Lithia Motors has already rewarded patient holders. This makes the current value gap more interesting for anyone looking at the next...
Lithia & Driveway has appointed Scott Cooke, former President and CEO of Toyota Financial Services overseeing more than US$150.00 billion in managed assets, as Operations President to lead Southeastern and South Central store operations, Driveway Finance Corporation, and Finance & Insurance. This hire deepens Lithia’s leadership bench at a time when captive finance expansion and regional operational performance are central to its long-term growth plans. We’ll now examine how bringing in a...
Why Scott Cooke’s Appointment Matters For Lithia Motors Stock The latest move at Lithia Motors (LAD) is an executive shake up. The company has appointed Scott Cooke as Operations President, bringing his long experience at Toyota Financial Services into a central operating role. Lithia Motors’ share price has shown firm momentum recently, with a 1 month share price return of 9.07% and a 90 day share price return of 27.09%. The stock trades at US$371.89, while the 1 year total shareholder...
Carvana is leaving CarMax and Lithia Motors in the dust today, but the reason has nothing to do with used cars and everything to do with where traders are parking their risk appetite right now.
MEDFORD, Ore., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced the appointment of Scott Cooke as Operations President and welcomes his leadership, experience and passion to further advance its mission of Growth Powered by People. Scott brings two and a half decades of experience with Toyota Financial Services, most recently serving as President and CEO, where he led an integrated business that touched virtually every aspect of the vehicle ownership lifecycle, with
MEDFORD, Ore., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE: LAD) today announced it has been named to the Fortune Global 500 for the second consecutive year, advancing to No. 426, up eight positions from No. 434 last year. The annual ranking recognizes the world's largest companies by revenue and reflects Lithia & Driveway's continued execution of its growth strategy and expanding automotive retail ecosystem. In 2025, Lithia & Driveway generated $38.1 billion in revenue, a 4.2% inc
Carvana just posted its best quarter ever, yet the stock keeps sliding while a traditional rival is up over 50% this year. Something about that gap deserves a closer look.
Major US franchise auto dealers could face earnings pressure next year if a downside scenario plays
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