Editor’s note: This story has been updated to correct a sector classification and to note that Evercore’s price target ...
If you examine Carvana's fourth quarter 2023 earnings release, you'll notice this little side note: Net income for FY 2023 totaled $150 million and benefited by $878 million gain on debt ...
ATLANTA — Carvana markets itself as an easy way to buy a car. But some customers said they ended up instead with major headaches. Channel 2 consumer investigator Justin Gray learned Carvana faces ...
TAMPA, Fla. (WFLA) – Pennsylvania Consumer Attorney Robert Cocco says Carvana’s nationwide mishandling of title transfers breaks state laws and put consumers in distress. He has now filed two class ...
Amidst mounting legal challenges, a popular online car dealer that had its Illinois license briefly suspended earlier this year has been given the green light to sell vehicles on a restricted basis.
Carvana just reported numbers that stopped Wall Street in its tracks. The online used car retailer posted a record-breaking first quarter, and CEO Ernie Garcia didn't mince words about where the ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The settlement, ...
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When Carvana entered the used-car sales space, it was looking to bring the internet into a market that had long been entrenched in the physical world. It started off small, as you might expect, ...
On the surface, Carvana (NYSE: CVNA) looks like it had a spectacular turnaround year in 2023. Earnings rocketed from a $15.74 per share loss in 2022 to a profit of $4.12 per share. And it also seems ...