Carvana Raises Q3 Profit Expectations
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Analysts reaffirm the company's market rating because of the improved forecast.
Analysts reaffirm the company's market rating because of the improved forecast.
Predicts return in Q2 after turbulent year, cost-cutting measures enacted.
Can the auto retailer stop its descent before it’s too late?
The used car retailer will continue to operate in Illinois under some restrictions.
Cost-saving moves also include reduced hours as it tries to keep up with debt payments.
The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.
Creditors join together to negotiate with used-car retailer.
Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.
Vehicle retailer trims costs, increases profit per vehicle.
Used-car retailer misses expectations in face of industry pressures.
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