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.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Lithia Motors, Inc. (NYSE: LAD - Get Free Report) traded up 14.5% during trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $407.00 and last traded at $410.2550. Approximately 140,350 shares were traded during trading, a decline of 54% from the average session volume of 307,375 shares.
Lithia Motors NYSE: LAD reported record second-quarter revenue of $9.8 billion and adjusted diluted earnings per share of $10.03, up 9% from a year earlier, as used-vehicle profitability, after-sales margins and Driveway Finance Corporation income supported results in what management characterized as a dynamic market environment.
Lithia continues to consolidate the car dealership industry. Rising profit margins are enabling Lithia to buy back a significant percentage of its shares.
A deepening sell-off gripped Wall Street midday Wednesday as crude oil spiked on a fresh U.S.-Iran escalation just hours before the Federal Reserve's rate verdict, dragging the S&P 500 to four-week lows and knocking the Nasdaq 100 down more than 10% from prior records.
While the top- and bottom-line numbers for Lithia Motors (LAD) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.