Shares of Carvana have lost 90% of their value over the past year as sales growth plummeted and profitability sank. The company is battling declining affordability for used cars, driven by inflation ...

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 ...

Carvana is joining the benchmark S&P 500, capping off a stunning turnaround for the used-car seller that, just a few years ...

The “Amazon of used cars” has a plan to restructure its debt that its bondholders refuse to accept. Carvana, the ailing used car company, is attempting to lower its debt levels and restructure the ...

KANSAS CITY, Mo. — The newest and flashiest player in the car business, Carvana, has some of its customers upset. Customers say the company, which sells cars online and then delivers them to your door ...

The used-car dealer isn't profitable yet has a material debt load. Although Carvana would like to grow its earnings, the leverage headwind is a major problem. The car dealer is focused on growing ...

Shares of Carvana Co. tumbled after an investment firm issued an inflammatory report about the online car retailer that alleges accounting manipulations, questionable insider stock sales and other ...

Carvana's interest expense continues to rise. CarMax has twice the debt, but nowhere near the same interest expense. Carvana's cash could struggle to cover interest expenses in the near term.

It’s been an interesting start to 2022 for Carvana and a new ruling in Illinois only serves to make its future more difficult. After some 90 complaints were filed with the state over title and ...

As the adage goes: "A person who is his own lawyer has a fool for a client." The article "Carvana executive faces criminal charges in Illinois" (autonews.com, Sept. 26) is baffling. The title "general ...