Carvana’s Q3 earnings beat, but over 100% of net income came from loan sales, with rising subprime risks. Read why CVNA stock is downgraded to hold.
CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...
Carvana‘s (CVNA) latest new-car franchise buy breaks its used-only mold, eyeing access to trade-ins amid shortages. Benefits abound in volume sales and certified pre-owned access, but pitfalls like ...
Remember Carvana? I mean, how could you forget the online used-car “dealership” that grew explosively during COVID while helping fuel an equally explosive rise in used-car prices, only to immediately ...
Management reiterated the 3 million units and 13.5% margin goal, but placed greater emphasis on automation, operational leverage, and the expanding digital experience. Analyst focus moved toward ...