Lithia & Driveway reports Q4 FY 2024 revenue at $9.2 billion, up 20% YOY

During the quarter, the company's aftersales gross profit increased 4.5% on a same-store basis

Lithia & Driveway (LAD), an automotive retailer in North America that also provides a suite of financing, leasing, repair and maintenance options, announced that its fourth-quarter 2024 revenue increased 20% to $9.2 billion from $7.7 billion in the fourth quarter of 2023.