VRM News and Press, Vroom Inc. From 04/19/23

2023-04-19 10:23:41 ET Falling auto prices impacted Lithia Motors ( NYSE: LAD ) in Q1, with the results rippling across the overall sector to drag on its peers. For the first quarter, the Oregon-based auto retailer missed on top and bottom line expectations as gross prof...

2023-04-12 09:05:10 ET Used car and truck prices declined yet again in March, slipping for the ninth consecutive month. According to the latest data from the Bureau of Labor Statistics, used car and truck prices fell 0.9% from February to March 2023, amounting to an 11.2% declin...

2023-04-11 10:22:48 ET CarMax ( NYSE: KMX ) stock surged to a double-digit gain after posting stronger than expected profits for Q4. The positivity from its print appeared to lift many boats in its sector. CarMax reported a 12.6% decline in retail used unit sales alongside a 19....

Conference Call and Audio Webcast Scheduled for May 10, 2023 Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the first quarter ending March 31, 2023, after the market closes on ...

2023-03-18 10:27:01 ET The broad automobile sector continues to face a tough road ahead as the inflation headwinds cut deeply into what was forecast to be a year of industry recovery and a boom for electric vehicle startups. The major focus in the months ahead will be how supply and dem...

2023-03-07 10:11:13 ET Wholesale used-vehicle prices increased 4.3% on a month-to-month basis. The increase was the largest for the full month of February since 2009, although part of was due to a seasonal adjustment. Looking at the bigger picture, the Manheim Used Vehicle Value Index w...

Summary Earnings report demonstrates the company is headed on the right track but also highlights various industry-wide challenges that remain obstacles going forward. If the company meets its guidance in 2023, a stronger argument could be made that Vroom has sufficient runway to attain...

Vroom, Inc. (VRM) Q4 2022 Earnings Conference Call March 1, 2023 8:30 a.m. ET Company Participants Liam Harrington - Vice President of Investor Relations Tom Shortt - Chief Executive Officer Bob Krakowiak - Chief Financial Officer Conference Call Participants ...

The following slide deck was published by Vroom, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Vroom, Inc. 2022 Q4 - Results - Earnings Call Presentation

Vroom press release ( NASDAQ: VRM ): Q4 EPS of $0.18 may not be comparable to consensus of -$0.63. Revenue of $209.35M (-77.6% Y/Y) misses by $58.86M . Ecommerce gross profit per unit of $1,233 as compared to $4,206 For further details see: VroomEPS of $0.18, rev...