Lithia & Driveway has purchased its first location in Kentucky. The store is projected to generate more than $140M in annualized revenue. In 2022, LAD has acquired 33 stores that are expected to contribute annualized revenue of $3.5B. Acquisitions continue to be a key part of the company’s 2025 plan to reach $50B in revenue and $55-$60 in EPS.
Published first on TheFly
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