LAD Schedules Release of Fourth Quarter and Full Year 2020 Results

Rhea-AI Summary

Lithia Motors & Driveway (NYSE: LAD) announced it will release its fourth quarter and full year 2020 earnings on February 3, 2021, before market opening. A conference call will follow at 10:00 a.m. Eastern Time for discussing the results, accessible by phone at (877) 407-8029 or via live webcast at www.lithiainvestorrelations.com. Lithia & Driveway is recognized among the fastest-growing companies in the Fortune 500, focusing on personal transportation solutions and leveraging data science to enhance customer experience.

Positive

• Scheduled earnings release may indicate stable financial performance.
• Lithia & Driveway ranked #6 in 10-Year EPS Growth and #4 in 10-Year TSR in 2020, showcasing strong growth potential.
• The company's omni-channel strategy promotes operational excellence and market share increase.

Negative

• None.

Lithia Motors & Driveway (NYSE: LAD) announced its fourth quarter and full year 2020 earnings will be released before the market opens on Wednesday, February 3, 2021. 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 www.lithiainvestorrelations.com and click on webcasts.

About Lithia & Driveway

Lithia & Driveway is a growth company powered by people and innovation with a 5-year plan to profitably consolidate the largest retail sector in the country. They are a leading provider of personal transportation solutions in the United States and are among the fastest-growing companies in the Fortune 500 (#6 on 10-Year EPS Growth, #4 10-Year TSR in 2020). By providing a wide array of products throughout the entire lifecycle of the consumer’s vehicle ownership experience through various consumer channels, they build magnetic brand loyalty. Operational excellence is achieved by focusing the business on convenient and transparent consumer experiences supported by proprietary data science to increase market share, consumer loyalty and team performance. Lithia's omni-channel strategy will continue to pragmatically disrupt the industry by leveraging experienced teams, vast owned inventories, technology, and physical network. By purchasing strong businesses, they further strengthen this network, leveraging their national digital home channel Driveway and building upon the massive regenerating capital engine. Together, these endeavors create a unique and compelling high-growth strategy that provides transportation solutions wherever, whenever, and however consumers desire.

Sites

www.lithiamotors.com
www.lithiainvestorrelations.com
www.lithiacareers.com
www.driveway.com

Lithia Motors on Facebook
http://www.facebook.com/LithiaMotors

Lithia Motors on Twitter
http://twitter.com/lithiamotors

View source version on businesswire.com: https://www.businesswire.com/news/home/20210125005632/en/

FAQ

When will Lithia Motors release its fourth quarter and full year 2020 earnings?

Lithia Motors will release its earnings on February 3, 2021, before the market opens.

What time is the conference call for Lithia Motors' earnings report?

The conference call is scheduled for 10:00 a.m. Eastern Time on February 3, 2021.

How can I access Lithia Motors' conference call?

You can access it by phone at (877) 407-8029 or via live webcast at www.lithiainvestorrelations.com.

What is Lithia & Driveway's ranking in the Fortune 500?

Lithia & Driveway is recognized as one of the fastest-growing companies, ranking #6 in 10-Year EPS Growth and #4 in 10-Year TSR in 2020.