Lithia & Driveway (LAD) Reports Second Quarter Results, Achieves 17% Increase in Diluted Earnings Per Share, 9% Increase in Adjusted Diluted Earnings Per Share, and Raises Quarterly Dividend 23%

Key Highlights Record second quarter revenues of $9.8 billionUsed retail GPUs increased $339, or 20%, sequentiallyAftersales gross profit increased by 3.1% and gross margin was 59.2%, a 120-basis point increase, on a