LOTZ News and Press, CarLotz Inc. From 08/14/21

CarLotz, Inc. runs a vehicle consignment and remarketing business. Over the last six months, LOTZ opened a significant number of new hub locations. The number of employees also increased, and major marketing initiatives took place. If we assume a share price of $4, close to 66% of...

CarLotz (NASDAQ:LOTZ) slides 10% following yesterday's earnings report. Net revenues increased 92% Y/Y to $50.8 million (down 10.2% Q/Q) vs. a consensus of 48.1 million. Net loss was $7.2 million vs. $15.0 million in previous quarter. Retail unit sales were 2,009 compared ...

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CarLotz To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - August 9, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is...

Unit Sales Grew 46% to 2,009, Ahead of Expectations Revenue Growth of 92% to $50.8 million Record Gross Profit of $4.2 million and GPU Ahead of Expectations Withdraws Previously Provided 2021 Outlook due to Channel Constraints RICHMOND, Va., Aug. 09, 2021 (...

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CarLotz To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - August 5, 2021) -  Faruqi & Faruqi, LLP, a leading national securities law fi...

CarLotz (LOTZ +0.7%), which operates a consignment-to-retail used vehicle marketplace, has announced plans to open its first hub in Louisiana. The hub is expected to open in the coming months and will be located at 9550 Airline Highway in Baton Rouge. Visitors will be able to experience CarLo...

RICHMOND, Va., Aug. 05, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it will continue expanding in the South and open its first hub in Louisiana. Located at 9550 Airline Highway in Baton Rouge, t...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Not many used car auto buyers know the brand name Adesa , but there’s a decent chance your car was bought or sold at one of their landmark auto auction houses. If you get a chance to check out a wholesale auto aucti...

Consignment-to-Retail Auto Company Plans New Hub to Serve Dallas Market RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it will open a second hub in Texas. L...

RICHMOND, Va., July 28, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced that Michael Bor, Co-Founder and Chief Executive Officer, and Tom Stoltz, Chief Financial Officer, will present at the J.P. Morgan Virtual Auto ...