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On Thursday evening, Lithia Motors (my top pick) reported yet another disappointing quarter. Management can blame the economic environment all they want. But the fact of the matter is that their newly revised 2007 earnings guidance of $1.60 to $180 per share is eerily similar to the $1.74 in earnings per share the company generated in 2000. So I am hardly concerned with a bad quarter, or even a bad year. And you may recall my rankings piece a few weeks ago that showed between 2000 to 2006, for the most part, Lithia's per store and per employee productivity metrics have either gotten worse, or underperformed most of the other large public dealers. No one expects gr
... To view the entire article: Related Companies: Lithia Motors
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1 - LAD