LOTZ News and Press, CarLotz Inc. From 08/04/22

RICHMOND, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced a change to its previously announced second quarter fiscal 2022 earnings results c...

Lithia Motors’ ( NYSE: LAD ) post-earnings plunge is pulling many of its peers downward on Wednesday. The over 5% dip for shares of the Oregon-based auto dealership group came despite a beat on top and bottom lines for earnings and confident comments from mana...

RICHMOND, Va., July 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, will release its second quarter fiscal 2022 results after the U.S. stock market closes on August 8...

RICHMOND, Va., July 05, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, is pleased to announce that, effective as of July 1, 2022, it has appointed Nanxi Liu as a directo...

3 Top Penny Stocks to Add to Your Watchlist Right Now Finding penny stocks to buy in 2022 can be challenging. Because of the sheer amount of movement in the stock market, investors need to be diligent in their research to find stocks that are trading at a discount. There are a large num...

CarLotz, Inc. (NASDAQ:LOTZ) announced the closure of 11 dealership stores on June 21 as part of a strategic review of the business. The retailer said cash preservation and future profitable growth were the key determining factors in which stores or hubs were shuttered. In addition to the...

CarLotz (NASDAQ:LOTZ) said Tuesday it closed 11 dealership stores (50% of its stores) as part of a strategic review, resulting in an estimated workforce reduction of 25-30%. Three locations with executed leases will not be opened. All hub closing activities for the 11 stores will be completed...

RICHMOND, Va., June 21, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the closure of 11 dealership stores, or “hubs,” as part of a strateg...

Cazoo (NYSE:CZOO) group is realigning its business to improve profitability, with significant staff cuts coming as part of the plan. While the company noted that it reached record sales in May, margins continue to tighten while recession risk only looms larger. Given an expectation of a reces...

RICHMOND, Va., May 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today that the Company’s Compensation Committee has granted equi...