Chris Holzshu Joins Franchise Equity Partners as Operating Partner
Former Lithia & Driveway executive Chris Holzshu has been appointed as an Operating Partner at private equity firm Franchise Equity Partners.
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UBS has revised its price target for Lithia Motors, Inc. (LAD) to $305 from $335 while maintaining a Neutral rating.
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Former Lithia & Driveway executive Chris Holzshu has been appointed as an Operating Partner at private equity firm Franchise Equity Partners.
Lithia Motors reported Q3 2026 earnings with adjusted diluted EPS of $10.34 on $10 billion revenue. The company is leveraging AI-driven dynamic pricing to boost used vehicle profitability (13% YoY growth), expanding its captive financing arm Driveway Finance Corporation ($32M income, 22% receivables growth), and implementing AI automation to reduce SG&A expenses toward a 60% target. Management maintains disciplined capital allocation with net leverage at 3.1x, targeting selective acquisitions above 15% hurdle rates.
Lithia Motors (NYSE: LAD) stock rose after beating Q3 2026 EPS and revenue estimates driven by used car and financing growth.
Filed: 2026-10-21 AccNo: 0001023128-26-000057 Size: 3 MB Item 2.02: Results of Operations and Financial Condition Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Dividend Payment and Share RepurchasesThe Board of Directors approved a dividend of $0.75 per share related to third quarter 2026 financial results. The dividend is expected to be paid on November 20, 2026 to
Lithia Motors (NYSE:LAD) reported quarterly earnings of $10.34 per share which beat the analyst consensus estimate of $9.77 by 5.83 percent. This is a 8.84 percent increase over earnings of $9.50 per share from the same