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Thursday, August 6, 2020

Supply, Not Demand, Takes the Wheel at Carvana - The Wall Street Journal

wheel.indah.link

Compared with some of its bricks-and-mortar peers, the e-commerce used-car seller Carvana faces an enviable problem: It has so much demand.

Carvana said Wednesday that its revenue for the quarter ended June 30 increased 13% from a year earlier, missing analyst forecasts by more than 4 percentage points. Carvana beat estimates on the bottom line, posting a smaller net loss than analysts expected, but the company’s shares were still down almost 4% in after-hours trading.

... The Link Lonk


August 06, 2020 at 05:18PM
https://www.wsj.com/articles/supply-not-demand-takes-the-wheel-at-carvana-11596709080

Supply, Not Demand, Takes the Wheel at Carvana - The Wall Street Journal

https://news.google.com/search?q=Wheel&hl=en-US&gl=US&ceid=US:en

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