Carvana Co

Q222… some progress in a very tough market

  • Sectors : Disruptive Technology
  • Companies : Carvana Co

Ratings and price correct at time of issue.

  • Carvana Co

    Closing Price: 3354c

  • RATING 09/02/22

  • PREVIOUS RATING N/A

DAVY VIEW

Pressures remain evident at Carvana (CVNA) as priorities shift towards ‘lowering expenses and driving positive free cash flow’. While market share gains remain a given, the operational challenges are profound; however, there is progress on gross profit and adjusted EBITDA margins from Q122.

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Aug 5 2022, 07:10 IST/BST

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