MEDFORD, ORE. -- Lithia Motors Inc., a publicly held dealership group, reported net earnings of $7.26 million on revenues of $580.60 million for the fourth quarter of 2002. That represents an 18 percent growth in earnings and a 12 percent increase in revenue reported for October-December 2001. Full-year net earnings were $32.32 million on revenues of $2.38 billion. That's a 49 percent jump in earnings and a 27 percent gain in revenue over 2001 full-year totals reported a year ago.
Lithia 4th-quarter earnings up
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.
Recommended for You