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Carvana Co. - $CVNA STOCK NEWS

Welcome to our dedicated page for Carvana Co. news (Ticker: $CVNA), a resource for investors and traders seeking the latest updates and insights on Carvana Co. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Carvana Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Carvana Co.'s position in the market.

Rhea-AI Summary
Carvana Co. (CVNA) announced that its Founder and CEO, Ernie Garcia, will present at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024. The webcast will be available on the Carvana website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.16%
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conferences
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Rhea-AI Summary
Carvana (CVNA) reports record full-year profitability with net income of $150 million and adjusted EBITDA of $339 million. Total gross profit per unit reaches new highs in 2023, setting quarterly records. The company expects adjusted EBITDA above $100 million in Q1 and retail units to increase year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.09%
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Rhea-AI Summary
Carvana (CVNA) expands its same-day vehicle delivery service to the Sacramento area, allowing residents to receive their purchased vehicles within hours. The company's seamless digital platform offers a wide selection of pre-owned vehicles, with delivery in less than 24 hours. Carvana's expansion showcases its commitment to efficient, customer-centric solutions for car buyers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
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none
Rhea-AI Summary
Carvana (CVNA) expands same-day delivery service to Philadelphia, offering local residents quick access to high-quality pre-owned vehicles. Customers can now order online and receive their vehicles within hours, enhancing convenience and satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.21%
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none
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Rhea-AI Summary
Carvana (CVNA) expands its same-day vehicle delivery service to select Oklahoma City area residents, allowing them to receive their purchased vehicle within hours of ordering. The expansion is part of Carvana's efforts to provide speed and convenience to customers during the tax refund season. The company's first-party logistics network and Inspection and Reconditioning Center in Oklahoma City enable this service. Carvana's extensive inventory features a wide range of makes and models to suit every local shopper's budget. The same-day delivery service has rapidly expanded to several states and is part of Carvana's nationwide footprint expansion plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary
Carvana and LEGACY MOTOR CLUB unveil a new paint scheme for Jimmie Johnson’s No. 84 Toyota, paying tribute to the Petty family’s 75-year racing history. The design mimics the iconic Chrysler Plymouth Petty raced to victory in the 1964 Daytona 500. The Camry XSE showcases the 'Petty 75' logo and horsepower on the side of the hood, reflecting the enduring LEGACY of the Petty family. Fans can see the car in action on February 18, 2024, in Daytona Beach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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none
Rhea-AI Summary
Carvana (NYSE: CVNA) has expanded its same-day vehicle delivery service to select greater San Antonio residents, allowing them to receive a vehicle as soon as the same day they place an order on Carvana.com. Additionally, residents interested in selling their current vehicle to Carvana can also benefit from same-day drop-off.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
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none
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Rhea-AI Summary
Carvana Co. (CVNA) will report its Q4 and fiscal year 2023 financial results on February 22, 2024, followed by a conference call and webcast to discuss the business and results. The call will be accessible via phone and webcast, with an archived webcast available on the company's Investor Relations website. A telephonic replay of the call will also be available until February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
conferences earnings
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Rhea-AI Summary
Carvana (CVNA) has expanded its same day vehicle delivery service to select greater Birmingham, Alabama residents. Customers can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. The company's seamless online platform allows customers to browse through a large selection of high-quality pre-owned vehicles and have it delivered to their doorstep in less than 24 hours. The rapid expansion of this service is made possible by Carvana's extensive infrastructure, including a nationwide network of inspection and reconditioning centers, an efficient logistics fleet, and a streamlined digital purchasing and underwriting process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.71%
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Rhea-AI Summary
Carvana (NYSE: CVNA) reveals its top ten best-selling EVs of 2023, with the Tesla Model 3 leading the sales for the third-straight year. In 2023, Carvana sold 57 different EV makes and models, up 29% year over year. The percentage of consumers likely to consider purchasing an EV has steadily increased year over year, currently standing at 61%. Carvana is dedicated to building an inventory that reflects customers’ tastes and preferences, including increasing the selection of electric vehicles as more models come to market and more consumers choose to buy cars in this category.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Carvana Co.

NYSE:CVNA

CVNA Rankings

CVNA Stock Data

13.74B
86.89M
8.87%
106.33%
25.02%
Used Car Dealers
Retail Trade
Link
United States of America
TEMPE

About CVNA

simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. want to work at carvana? view our openings at: http://www.carvana.com/careers