- Expected net income per diluted share to rise by 23-27% year-over-year.
- Total revenues projected between $9.4 billion and $9.6 billion with same-store growth of 3.5-4.0%.
- Financing operations income surged 110-155% year-over-year.
Lithia & Driveway (LAD, Financial) has reported strong preliminary second-quarter results for 2025, signaling significant growth in a competitive auto retail landscape. The company expects net income per diluted share to be between $9.70 and $10.00, reflecting a 23-27% growth compared to the same period in 2024, outperforming market expectations.
Projected total revenues for the quarter range from $9.4 billion to $9.6 billion, with same-store revenue growth anticipated between 3.5% and 4.0%. A standout performance comes from LAD's financing operations, which saw income rise sharply by 110-155% year-over-year, reaching between $15 million and $18 million.
Lithia & Driveway has also been active in managing its capital efficiently, evidenced by a share repurchase program that bought back 1.5% of shares outstanding during the second quarter and 3.0% year-to-date. This move underscores management's confidence in the business model and creates shareholder value through increased earnings per share.
The company continues to demonstrate strong operational performance across its integrated model, which includes DFC, Driveway, and GreenCars, contributing to market share gains while maintaining profitability. The full Q2 2025 earnings report will be released during a scheduled earnings call on July 29, 2025, at 11:00 a.m. Eastern Time.
