Skip to main content

LITHIA MOTORS INC

For the period ended Mar 31, 2025. Filed Apr 24, 2025.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 24, 2025

LAD$310.80+0.7%Stored close · as of Nov 9, 2026

What changed in Risk Factors?

Read the current filing

Previous report: 10-Q

Period ended 2024-09-30; filed 2024-10-25.

0001023128-24-000119

Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of Proceeds

Current report: 10-Q

Period ended 2025-03-31; filed 2025-04-24.

0001023128-25-000051

Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of Proceeds

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 4 previous paragraphs and 11 current paragraphs.

0 unchanged; 4 reworded; 2 added; 0 removed; 0 previous and 5 current paragraphs rearranged.

Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Added paragraphs (2)
Reworded paragraphs (4)

Previous wording

The information in this Form 10-Q should be read in conjunction with the risk factors and information disclosed in our 2023 Annual Report on Form 10-K, which was filed with the SEC on February 23, 2024. We have described in our 2023 Annual Report on Form 10-K, under “Risk Factors” in Item 1A, the primary risks related to our business and securities.

Current wording

The information in this Form 10-Q should be read in conjunction with the risk factors and information disclosed in

Previous wording

We repurchased the following shares of our common stock during the third quarter of 2024:

Current wording

We repurchased the following shares of our common stock during thefirst quarter of 2025:

Previous wording

1 On June 4, 2024, our Board approved an additional $350 million repurchase authorization of our common stock. This authorization was in addition to the amount previously authorized by the Board for repurchase. There are no expiration dates for the share repurchase authorizations.

Current wording

1 On June 4, 2024, our Board approved an additional $350 million repurchase authorization of our common stock and in

Previous wording

2 Of the shares repurchased in the third quarter of 2024, 86 shares were related to tax withholding upon the vesting of RSUs.

Current wording

2 Of the shares repurchased in thefirst quarter of 2025,36,378 shares were related to tax withholding upon the vesting of
Rearranged current paragraphs (5)

Current report — wording carried from elsewhere

our 2024 Annual Report on Form 10-K, which was filed with the SEC on February 24, 2025. We have described in

Current report — wording carried from elsewhere

our 2024 Annual Report on Form 10-K, under Risk Factors in Item 1A, the primary risks related to our business and

Current report — wording carried from elsewhere

February 2025, our Board again approved an additional $350 million repurchase authorization of our common stock. These

Current report — wording carried from elsewhere

authorizations were in addition to the amount previously authorized by the Board for repurchase. There are no expiration

Current report — wording carried from elsewhere

dates for the share repurchase authorizations.