Lithia motors expects q1 2020 net income per diluted share between $1.95 to $2.00.

Lithia motors inc - expects q1 2020 net income per diluted share between $1.95 to $2.00..lithia motors inc - q1 same store new vehicle sales expected to decrease between 10% to 11%.lithia motors inc - q1 same store used vehicle retail sales expected to increase between 2% to 3%.lithia motors inc - q1 same store sg&a as a percentage of gross profit expected to be between 74% to 76%.lithia motors inc - in march, since shelter in place policies were enacted, vehicle unit sales declined approximately 50%.lithia motors inc - all of co's service, parts and collision center departments have remained open during covid-19 crisis.lithia motors inc - adjusted staffing headcount by 37%, mainly as furloughs.lithia motors inc - implemented marketing, vendor and inventory cost reduction or control strategies.lithia motors inc - expect to be able to have team members return to work as future volume levels recover..lithia motors inc - suspending share repurchases at this time.lithia motors inc - have also sought to modify structure of acquisitions co had been negotiating.
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