Carvana is an innovative online platform that revolutionizes the process of buying and selling used vehicles. The company allows customers to browse a vast selection of cars through its website, providing detailed descriptions and visual assets to facilitate informed purchasing decisions. Carvana also offers unique features like home delivery and the option to sell or trade vehicles seamlessly, eliminating the traditional hassles associated with dealerships. With a focus on enhancing the customer experience, Carvana leverages technology to streamline every step of the automotive retail process, aiming to make car buying more convenient and accessible for consumers. Read More
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how consumer internet stocks fared in Q1, starting with Robinhood (NASDAQ:HOOD).
Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to ADESA Nashville. The move will expand Carvana's overall production capacity while creating a new pool of retail inventory that unlocks faster delivery options, including same-day delivery, for retail customers in the greater Nashville area. ADESA Nashville will also continue to support wholesale customers in the area, now with even more robust reconditioning infrastructure and a growing suite of digital auction offerings, including ADESA Simulcast and ADESA Clear.
Carvana Co (NYSE:CVNA) meets Louis Navellier’s growth investing criteria with strong earnings surprises, accelerating revenue, and high ROE. A detailed analysis highlights its potential.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer internet industry, including Booking (NASDAQ:BKNG) and its peers.
Carvana's stock has skyrocketed on strong earnings, highlighting their disruptive online used car sales model. Their platform offers wide selection and convenient delivery, driving impressive growth and profitability.
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Carvana shares have surged 52% over the past month, driven by strong earnings. Record Q1 revenue and sales beat estimates, boosting profit and future outlook expectations.
Carvana, an industry pioneer for buying and selling used cars online, today unveiled a special paint scheme for NASCAR legend Jimmie Johnson's No. 84 Toyota, commemorating his historic 700th career start at the upcoming Coca-Cola 600, at the very track where he made his first NASCAR Cup Series start in 2001.
Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and the Professional Pickleball Association (PPA Tour) today announced the extension of their multi-year title sponsorship agreement. This renewal builds upon the tremendous success of their initial partnership, which began in 2022 and has helped propel pickleball to new heights as America's fastest-growing sport. The extended partnership will continue to feature events under the Carvana PPA Tour name while introducing enhanced fan experiences, expanded tournament coverage, and increased prize opportunities for players.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the online retail industry, including Wayfair (NYSE:W) and its peers.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 11.7% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue and EBITDA expectations. They sold nearly 134,000 retail units (used cars), up 46%, and revenue climbed 38%, showing that buyers are still flocking to Carvana's online model.
Margins looked strong too, with profit per sale improving and a nice boost from a revaluation in one of their investments. We think this was a solid print, but expectations were likely sky-high given the stock rocketed 50%+ over the past month.
