Lithia Motors Files 8-K on Financial Results and Other Events
Ticker: LAD · Form: 8-K · Filed: 2024-02-14T00:00:00.000Z
Sentiment: neutral
Topics: regulatory-filing, corporate-update, financial-condition, other-events
TL;DR
**Lithia Motors just filed an 8-K covering financial results and other corporate news.**
AI Summary
Lithia Motors, Inc. filed an 8-K on February 14, 2024, reporting on its results of operations and financial condition, as well as other events and financial statements and exhibits. The filing, identified by accession number 0001023128-24-000026, indicates the company is providing an update on its financial performance and significant corporate developments. Lithia Motors, Inc. is incorporated in Oregon and has its principal executive offices at 150 N. Bartlett Street, Medford, Oregon 97501.
Why It Matters
This routine 8-K filing signals that Lithia Motors is updating the market on its financial performance and any other material corporate events, which is crucial for investor transparency and decision-making.
Risk Assessment
Risk Level: low — The filing itself is a standard regulatory disclosure, and without the content of the reported items, no specific risks can be identified.
Key Players & Entities
- LITHIA MOTORS INC (company) — filer
- Lithia Motors, Inc. (company) — registrant
- United States Securities and Exchange Commission (company) — regulator
- Oregon (state) — state of incorporation
- Medford (city) — business location
FAQ
What company filed this 8-K?
Lithia Motors, Inc. (also referred to as LITHIA MOTORS INC) filed this 8-K.
When was this 8-K filed?
This 8-K was filed on February 14, 2024.
What items are being reported in this 8-K?
The 8-K reports on 'Results of Operations and Financial Condition', 'Other Events', and 'Financial Statements and Exhibits'.
What is the state of incorporation for Lithia Motors, Inc.?
Lithia Motors, Inc. is incorporated in Oregon.
What is the principal executive office address for Lithia Motors, Inc.?
The principal executive office address is 150 N. Bartlett Street, Medford, Oregon 97501.
Filing Stats: 539 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-02-14 09:14:28
Key Financial Figures
- $0.50 — , 2024, Lithia Motors, Inc. announced a $0.50 per share cash dividend, to be paid on
Filing Documents
- lad-20240214.htm (8-K) — 24KB
- a2023q4exx99earningsrelease.htm (EX-99) — 676KB
- lad-20240214_g1.jpg (GRAPHIC) — 760KB
- lithia_drivewayxcomboxfinala.jpg (GRAPHIC) — 760KB
- 0001023128-24-000026.txt ( ) — 3649KB
- lad-20240214.xsd (EX-101.SCH) — 2KB
- lad-20240214_def.xml (EX-101.DEF) — 14KB
- lad-20240214_lab.xml (EX-101.LAB) — 27KB
- lad-20240214_pre.xml (EX-101.PRE) — 15KB
- lad-20240214_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On February 14, 2024 Lithia Motors, Inc. issued a press release announcing financial results for the fourth quarter of 2023. A copy of the press release is attached as Exhibit 99.1
01. Other Events
Item 8.01. Other Events On February 14, 2024, Lithia Motors, Inc. announced a $0.50 per share cash dividend, to be paid on March 22, 2024 to shareholders of record as of March 9, 2024. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release of Lithia Motors, Inc. dated February 14, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 14, 2024 LITHIA MOTORS, INC. Registrant By: /s/ Tina Miller Tina Miller Chief Financial Officer, Senior Vice President, and Principal Accounting Officer