Lithia & Driveway announces Rockwall Hyundai deal. Lithia Motors stock gains 1.10 percent

Published on 10/05/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rockwall Hyundai adds USD 75.00 million in annualized revenue. Lithia Motors stock costs EUR 276.00 on October 5, 2026 after EUR 273.00, plus 1.10 percent.

LAD, US5367971034, Illustration mit AI erstellt.

Lithia & Driveway announced the Rockwall Hyundai acquisition on September 8, 2026, adding USD 75.00 million in annualized revenue, while Lithia Motors stock was at EUR 276.00 at Lang & Schwarz on October 5, 2026, up 1.10 percent versus the prior close of EUR 273.00. The transaction expands the Texas network and gives the stock a concrete growth reference ahead of the next results release.

Texas expansion adds revenue

According to Lithia & Driveway on September 8, 2026, Rockwall Hyundai is expected to contribute USD 75.00 million in annualized revenue. The purchase lifted LAD's year-to-date expected annualized revenue acquired to USD 915.00 million and was financed through existing balance-sheet capacity.

The same release said LAD invested USD 40.00 million to repurchase approximately 108,000 shares during the quarter at a weighted average price of USD 375.00. Year to date, repurchases reached USD 541.00 million for approximately 1.9 million shares, equal to 8.10 percent of shares outstanding, with USD 580.00 million remaining under the authorization.

Quarterly numbers set the baseline

For the second quarter of 2026, revenue reached USD 9.79 billion, compared with USD 9.64 billion expected by analysts, according to MarketBeat in its September 9, 2026 report. Adjusted diluted earnings per share rose 9.00 percent year over year to USD 10.03, showing that earnings growth remained stronger than the revenue increase.

The contrast is important for the next update: dealership expansion is adding scale, while vehicle retail margins and consumer credit remain central to quarterly execution. Lithia's in-house finance operation also originated a record USD 884.00 million in loans during the second quarter of 2026, according to the earnings-call coverage cited by MarketBeat.

October results set the next test

Globe Newswire reported on September 29, 2026 that Lithia & Driveway will release third-quarter 2026 results before the market opens on October 21, 2026, followed by a conference call at 10:00 a.m. ET. That date puts the Rockwall revenue contribution and the pace of buybacks ahead of the next material company update.

Stock gains in trading

Lithia Motors stock was trading at EUR 276.00 at Lang & Schwarz on October 5, 2026 at 11:00 a.m. CEST, plus 1.10 percent versus the Lang & Schwarz prior close of EUR 273.00. On the NYSE, the primary listing, the finance quote showed a USD 6.8 billion market capitalization and a USD 239.78 to USD 439.49 52-week range as of October 2, 2026.