Lithia & Driveway (LAD) Reports Record Third Quarter Revenue of $9.2 billion, an 11% Increase

Announces Dividend of 0.53 per Share for Third QuarterMEDFORD, Ore., Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue in company history and the second profitable quarter for Financing Operations, which includes Driveway Finance Corporation.Third quarter 2024 revenue increased 11% to 9.2 billion from $8.3 billion in the third quarter of 2023.Third quarter 2024 diluted earnings per share attributable to LAD was$7.80, an 18% decrease from $9.46 pe ...