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Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase

April 24, 2024

Announces Dividend of $0.53 per Share for First Quarter MEDFORD, Ore., April 24, 2024 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue in company history. First quarter 2024 revenue increased 23% to $8.6 billion from $7.0 billion in the first quarter of 2023. First quarter 2024 net income attributable to LAD per…

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Dutch Bros Inc. Announces Proposed Public Offering of Class A Common Stock

September 12, 2023

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros”) today announced that it has commenced an underwritten public offering of $300 million of shares of its Class A Common Stock. In addition, Dutch Bros expects to grant the underwriters a 30-day option to purchase up to an additional $45 million of shares…

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Lithia & Driveway (LAD) Reports 12% Revenue Increase and Diluted EPS of $10.78

August 13, 2023

MEDFORD, Ore., July 26, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company history. Second quarter 2023 revenue increased 12% to $8.1 billion from $7.2 billion in the second quarter of 2022. Second quarter 2023 net income attributable to LAD per diluted share was $10.78, a 7% decrease from $11.60 per…

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Dutch Bros Inc. Reports Second Quarter 2023 Financial Results

August 13, 2023

08/08/2023 Opened 38 New Systemwide Shops in Q2 2023 Quarterly Revenue Increased 34% to $250 million Announces Leadership Transition Updates 2023 Guidance GRANTS PASS, Ore.–(BUSINESS WIRE)– Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the food service and restaurant industry in the United…

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People’s Bank Celebrates 25 Years In Oregon Banking

March 8, 2023

Medford, OR—March 2, 2023 marks the 25th anniversary for People’s Bank of Commerce, headquartered in Medford, Oregon. 25 years ago, two senior management bankers with diverse banking backgrounds seized an opportunity to offer a community bank in Southern Oregon. Ken Trautman and Mike Sickels recognized the possibilities of filling a…

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Lithia & Driveway (LAD) Increases Revenue 11% and Reports Diluted EPS of $9.00

March 8, 2023

Announces Dividend of $0.42 per Share for Fourth Quarter MEDFORD, Ore., Feb. 15, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history. Fourth quarter 2022 revenue increased 11% to $7.0 billion from $6.3 billion in the fourth quarter of 2021. Fourth quarter 2022 net income attributable to LAD per…

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Dutch Bros Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial Results

March 8, 2023

  Annual Revenues Increased Almost 50% Year-over-Year to $739.0 million Driven by 133 New Systemwide Shop Openings in 2022 Welcomes New President, Christine Barone Issues Additional Guidance for 2023 GRANTS PASS, Ore.–(BUSINESS WIRE)– Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) one of the fastest-growing brands in the food…

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Arcimoto News Recap

March 8, 2023

  Arcimoto to Begin 2023 Vehicle Production for Spring Deliveries 2023 vehicle deliveries to start in March with new features and improvements EUGENE, Ore., Feb. 21, 2023 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV…

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Lithia & GreenCars pledge historic commitment, set SOU’s philanthropic bedrock

September 16, 2022

(Ashland, Ore.) — Southern Oregon University and Medford-based Lithia Motors have announced a philanthropic partnership that will serve as the bedrock of future innovations at SOU. Lithia’s commitment exceeds $12 million and is the largest-ever single gift to the university. The contributions from Lithia Motors (NYSE: LAD) create the Lithia & GreenCars Momentum Fund,…

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Paving the way to Talent’s Long-Term Recovery   

June 4, 2022

Learn more about the CITY OF TALENT URBAN RENEWAL WORK PLAN From https://www.talenturbanrenewal.com/workplan Why is Talent considering an Urban Renewal plan? Talent lost 1/3 of our housing in the Almeda fire, including much of our more affordable housing. We lost 60% of our businesses.  Firefighters were needed to respond to…

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Growler Guys Franchisee Purchases Former Reames Property for New Multi-Purpose Development

February 28, 2022

January 20th, 2022 (Klamath Falls, OR) —  Today, in a joint press release, the Klamath County Economic Development Association (KCEDA), the City of Klamath Falls, and Coldwell Banker announced that developers for the northwest franchise, Growler Guys (locations in Washington, Oregon, Idaho, Nevada, and Wisconsin), will be purchasing the former Reames…

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Buy Local : Online

November 3, 2021

This year I’m encouraging you to order all your gifts online, but do it from a local company instead of Amazon. It’s convenient, fun and you will be helping a great local artist or craftsperson and entrepreneur.  Be a local hero and follow them on social, share their site with…

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