Carvana (CVNA) PT Raised to $11 at Citi, Stays Neutral

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Carvana Announces Fourth Quarter and Full Year 2022 Results

February 23, 2023 4:25 PM EST

Full Year 2022

Retail Units Sold of 412,296, a decrease of 3% YoY

Revenue of $13.604 Billion, an increase of 6% YoY

Grew market share and revenue for the 9th consecutive year

Fourth Quarter 2022

Retail Units Sold of 86,977, a decrease of 23% YoY

Revenue of $2.837 Billion, a decrease of 24% YoY

Continued to execute SG&A expense and inventory reduction plan

PHOENIX--(BUSINESS WIRE)-- Carvana Co. (NYSE:... More

Carvana Supports Legislation To Protect Car Delivery

February 22, 2023 9:00 AM EST

Automotive e-commerce industry pioneer kicks off a state-wide campaign in support of legislation to ensure any customer can have a car delivered to their home, as the Company has done since 2014. For more information and to protect home delivery of cars, consumers should go to delivermycarhome.com.

PHOENIX--(BUSINESS WIRE)-- Carvana, an industry pioneer for buying and selling used cars online, today announces its support for legislation sponsored by Illinois State Senator Patrick Joyce that will confirm that car dealers in Illinois can... More

Carvana Unveils Newest Iconic Car Vending Machine in Denver

February 22, 2023 8:00 AM EST

Online Retailer Debuts 34th Car Vending Machine in U.S., First in Centennial State

DENVER--(BUSINESS WIRE)-- Carvana, an industry pioneer for buying and selling used cars online, today launched its newest Car Vending Machine, located in Denver, Colorado. The state-of-the-art steel and glass structure stands eight stories tall with a 27-vehicle capacity offering... More