Key Highlights

● Lithia closed at $289.26 on Tuesday, September 29, down 4.56% from the prior close of $303.07.

● The shares also fell 4.22% on Monday, September 28, extending the decline across two consecutive sessions.

● Consumer confidence fell to 81.9 in September from 88.6 in August, its lowest reading since 2014.

● Trailing twelve-month Revenue was $37.94 billion, up 2.1%, while Net Income of $714.4 million was down 19.3%.

Lithia Motors, Inc. (NYSE:LAD) closed at $289.26 on Tuesday, September 29, 2026, down 4.56% from $303.07, its second straight session of losses. The automotive retailer fell on a day when the Conference Board's consumer confidence index dropped to 81.9 in September from 88.6 in August, its lowest reading since 2014, and the 10-year Treasury Yield ended near 5.25%.

Two Sessions, Roughly 8.6% Lower

Lithia shares had already fallen 4.22% on Monday, September 28. Across the two sessions, the stock lost roughly 8.6% of its value. The S&P 500 slipped 0.17% to 7,670.84 on Tuesday, so the shares fell far more than the broader market.

A Mixed Day for Auto Retail

CarMax (NYSE:KMX) moved the other way on Tuesday, rising 4.7% after reporting results that beat analyst expectations. Lithia, which reports two segments, Vehicle Operations and Financing Operations, closed lower.

Consumers, Rates and Vehicle Financing

Vehicle sales depend on household confidence, and vehicle financing depends on borrowing costs, so a lower confidence reading and a 10-year yield near 5.25% bear on both of Lithia's segments. Separately, Job Openings fell to 7.08 million in August while Inflation stayed above 3%.

Sales and Profit Trend

Lithia's trailing twelve-month revenue was $37.94 billion, up 2.1%, while net income of $714.4 million was down 19.3% from the prior period. The company pays an annual Dividend of $2.80 per share and is expected to report its next quarterly results on October 21.

A Price Far From Its High

Lithia's 52-week range is $239.78 to $439.49. The shares ended roughly 34% under the high and about 21% over the low.