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2023-04-14 09:27:39 ET Building materials and supplies, electronics, general merchandise stores, and motor vehicle & parts dealers were among categories prompting the weakest retail sales report in 6 months. For the month of March, retail sales slid 1% sequentially, more tha...
2023-04-14 08:13:00 ET For a while there, one of the best-performing stocks in the market was Carvana (NYSE: CVNA) , whose shares were up an astronomical 3,230% from their initial public offering in April 2017 to their all-time high in Aug. 2021. Investors who were smart a...
2023-04-13 09:17:46 ET Carvana (NYSE: CVNA) and CarMax (NYSE: KMX) are both used car retailers that set firm prices and simplify the buying process. Carvana sells all of its cars online, and customers can either have their vehicles delivered or pick them up at one of its 33 ...
2023-04-12 18:34:21 ET Summary Bitcoin is skyrocketing, now up roughly 81% YTD amidst recent bank failures and widespread speculation that the Fed will capitulate. This comes even as several prominent crypto figures now find themselves under indictment for a laundry list of allege...
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...
Pioneering Online Auto Retailer Mints Its 36th Car Vending Machine in the U.S., Sixth in Lone Star State Carvana , an industry pioneer for buying and selling used cars online, debuted its newest signature Car Vending Machine in Fort Worth, Texas today. The state-of-the-art steel and g...
2023-04-11 11:24:38 ET Shares of used car dealers CarMax (NYSE: KMX) and Carvana (NYSE: CVNA) are higher by 8.3% and 11.9%, respectively, as of 11:03 a.m. ET Tuesday following an impressive earnings beat from one of the two names. Investors are presuming the same good fortun...
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....
2023-04-11 06:05:00 ET Perhaps no other stock has been as polarizing over the past year as Carvana (NYSE: CVNA) . The online marketplace for used cars was a Wall Street darling for a long while, with rampant growth and its disruptive potential on every investor's mind. ...
2023-04-09 05:09:00 ET Used car dealer Carvana (NYSE: CVNA) is burning cash and has a growing pile of debt. Shares may look cheap after the huge sell-off, but the company's cash crunch is getting worse. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain what'...
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Delivers Net Income of $48M and Net Income Margin of 1.4% Drives industry-leading 33% YoY Retail Unit growth and industry-leading profitability among public automotive retailers with record 10.4% Adjusted EBITDA Margin Carvana expects a sequential increase in retail units in Q3 ...
Dayforce Inc. (DAY) is expected to report $0.18 for Q2 2024 D/B/A Compass Diversified Holdings Shares of Beneficial Interest (CODI) is expected to report $0.44 for Q2 2024 Aurora Innovation Inc. (AUR) is expected to report for Q2 2024 Autohome Inc. American Depositary Shares each repr...
2024-07-27 17:18:00 ET CarMax (NYSE: KMX) is a giant in the used car market, but the industry remains highly fragmented market with around 18,000 dealers. That has left an opening for Carvana (NYSE: CVNA) to quickly build a business that relies heavily on online sales. Carva...