A blockbuster quarter helps cap Lithia’s record year, could fuel acquisitions

It was a record year, not to mention a record quarter, for Lithia Motors Inc. The Medford company (NYSE: LAD) said Wednesday it logged its highest fourth quarter and full year revenue in the company’s history. Lithia’s CEO Bryan DeBoer, the PBJ’s 2017 Executive of the Year, said the full-year through-the-roof $9.75 earnings-per-diluted-share, a 26 percent jump, also marked a company high point. With that in mind, and with a healthy leverage ratio, Lithia is looking to further expand. “We continue…

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A blockbuster quarter helps cap Lithia’s record year, could fuel acquisitions