Carvana

SHAREHOLDER ALERT: Morris Kandinov Investigating HAFC, CVNA, PEGA, and NLTX; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Wednesday, August 16, 2023
Hanmi, Central District, Hanmi Pharmaceutical, Public sector banks in India, Complaint, District court, Settlement, SAN, Advertising, Carvana

Morris Kandinov is investigating Hanmi Financial Corporation regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.

Key Points: 
  • Morris Kandinov is investigating Hanmi Financial Corporation regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
  • Morris Kandinov is investigating Carvana Co. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
  • Morris Kandinov is investigating Pegasystems regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders.
  • Concerned shareholders are encouraged to contact Leo Kandinov to learn more:
    Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights.

Carvana Expands Footprint On Atlantic Coast With Newest Iconic Car Vending Machine

Retrieved on: 
Wednesday, August 16, 2023
Online Retail, Retail, Automotive, Other Automotive, Technology, Other Technology, Internet, Heart, Sunlight, Machine, Multimedia, SUV, Carvana

Carvana , an industry pioneer for buying and selling used cars online, debuted its newest iconic Car Vending Machine in Hollywood, Florida today, near Miami-Dade and Fort Lauderdale.

Key Points: 
  • Carvana , an industry pioneer for buying and selling used cars online, debuted its newest iconic Car Vending Machine in Hollywood, Florida today, near Miami-Dade and Fort Lauderdale.
  • View the full release here: https://www.businesswire.com/news/home/20230816455179/en/
    Carvana's newest Car Vending Machine is the second of its kind in the Miami area, and the fifth in Florida.
  • When customers opt for a Car Vending Machine pick up, upon their arrival at the tower, they will be greeted by a Customer Advocate and receive a commemorative, oversized Carvana coin to activate the automated vending process.
  • “Since then, we’ve expanded all across the Sunshine State with four of our iconic Car Vending Machines.

Hyperice Partners With Pro Pickleball Association to Help Drive Recovery for Players

Retrieved on: 
Tuesday, August 15, 2023
Lifestyle, Health, Sports, Consumer, Other Sports, Fitness & Nutrition, Poker Players Alliance, Partnership, Multimedia, Athlete, Perfume (Japanese band), Carvana, Select Medical, Sport, PPA, Environment, Injury, Tourism

View the full release here: https://www.businesswire.com/news/home/20230815753352/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230815753352/en/
    Hyperice Partners With Pro Pickleball Association To Help Drive Recovery For Players (Photo: Business Wire)
    Through the partnership, athletes now have access to Hyperice’s suite of recovery technology products courtside, as well as in the training rooms, and player lounges at tournaments.
  • The suite of Hyperice recovery technology is also now available for purchase on Pickleball Central .
  • “Hyperice products play a huge role in recovery for us as professional pickleball players,” said top pro pickleball player Lucy Kovalova, who has won more than 20 gold medals on the PPA Tour.
  • It’s really great to have Hyperice products available to all players on the PPA Tour because they are designed to help with recovery for both professionals and amateurs.

Carvana’s New Value Tracker Campaign Highlights Ease and Fun of Its Online Car Buying and Selling Experience With Kristen Bell and Dax Shepard

Retrieved on: 
Monday, August 14, 2023
Other Retail, Aftermarket, Automotive, Specialty, Other Automotive, Online Retail, General Automotive, Retail, Bell, Partnership, Dax Shepard, Shepard, Multimedia, Social media, Television, Online shopping, Carvana

Carvana, an industry pioneer for buying and selling used cars online, today announced the launch of its new creative campaign, featuring one of Hollywood’s most charismatic couples, Kristen Bell and Dax Shepard.

Key Points: 
  • Carvana, an industry pioneer for buying and selling used cars online, today announced the launch of its new creative campaign, featuring one of Hollywood’s most charismatic couples, Kristen Bell and Dax Shepard.
  • View the full release here: https://www.businesswire.com/news/home/20230814702503/en/
    Kristen Bell and Dax Shepard star in Carvana's new national ad campaign promoting the company's new Value Tracker technology.
  • (Photo: Business Wire)
    "We are incredibly excited to launch our partnership with Kristen Bell and Dax Shepard starting with a campaign focused on our new Carvana Value Tracker technology," said Ryan Keeton, Carvana co-founder and Chief Brand Officer.
  • The campaign captures the couple's genuine enthusiasm for the brand in promotion of the newly launched Carvana Value Tracker.

SHAREHOLDER ALERT: Morris Kandinov Investigating CVNA, DNA, NLTX, and PEGA; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Wednesday, August 9, 2023
District court, Ginkgo Bioworks, Advertising, SAN, Security (finance), Real estate, Carvana

Morris Kandinov is investigating Carvana Co. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.

Key Points: 
  • Morris Kandinov is investigating Carvana Co. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
  • Morris Kandinov is investigating Neoleukin Therapeutics, Inc. regarding possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders.
  • Morris Kandinov is investigating Pegasystems regarding possible breaches of fiduciary duties and other violations of law on behalf of shareholders.
  • Concerned shareholders are encouraged to contact Leo Kandinov to learn more:
    Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights.

Carvana Updates Q3 2023 Outlook Including Increasing Adjusted EBITDA Outlook by Over $75 Million and Provides Insights on Several Fundamental Drivers of Gross Profit Per Unit Improvements

Retrieved on: 
Wednesday, August 9, 2023
Software, Vehicle Technology, EV, Electric Vehicles, Online Retail, Internet, Fleet Management, Specialty, Alternative Vehicles, Fuels, General Automotive, Technology, Automotive, Retail, Communication, SG, Bank statement, GAAP, Projection, EBITDA, Annual report, Depreciation, Conference, GPU, Total, Audit, Bank, Carvana

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
  • Carvana refers to the following non-GAAP measures in this press release: Adjusted EBITDA, Total gross profit per retail unit, non-GAAP, and SG&A, non-GAAP.
  • Total gross profit per retail unit, non-GAAP is Gross profit, non-GAAP divided by retail vehicle unit sales.
  • Carvana believes that excluding these items enables it to more effectively evaluate its performance period-over-period and relative to its competitors.

Carvana Launches Value Tracker, Offering Free Custom Vehicle Value Tracking and Insights

Retrieved on: 
Tuesday, August 8, 2023
Professional Services, Automotive, General Automotive, Technology, Data Analytics, Electronic Commerce, Special, Multimedia, Online shopping, Auction, Carvana, Engineering

Carvana , an industry pioneer for buying and selling used cars online, has today debuted Carvana Value Tracker , a free tool to quickly obtain a vehicle valuation, and track a vehicle’s value against evolving market conditions.

Key Points: 
  • Carvana , an industry pioneer for buying and selling used cars online, has today debuted Carvana Value Tracker , a free tool to quickly obtain a vehicle valuation, and track a vehicle’s value against evolving market conditions.
  • View the full release here: https://www.businesswire.com/news/home/20230808775070/en/
    Carvana Value Tracker Empowers Consumers With Free Custom Vehicle Value Tracking (Graphic: Business Wire)
    Carvana Value Tracker is a unique tool that leverages Carvana's ability to instantly generate unique, real values for millions of vehicles.
  • To track a vehicle’s competitive value with Carvana Value Tracker, car owners can simply enter their vehicle's details, such as their license plate, postal code, and mileage, and will receive an instant, customized value for their vehicle.
  • Owners can then track the value of the vehicle, allowing them to monitor how the value changes over time.

Carvana Launches Same Day Vehicle Delivery In Arizona Bringing New Level of Speed and Convenience to Local Customers

Retrieved on: 
Thursday, August 3, 2023
EV, Electric Vehicles, Automotive, Online Retail, Technology, General Automotive, Recreational Vehicles, Apps, Applications, Retail, Software, Internet, Fleet Management, Insurance, Amazon, Multimedia, History, Element, Online shopping, Carvana

Carvana customers already benefit from an accessible, transparent and intuitive online car buying experience, and now have the opportunity to receive their new ride as soon as the same day they order it.

Key Points: 
  • Carvana customers already benefit from an accessible, transparent and intuitive online car buying experience, and now have the opportunity to receive their new ride as soon as the same day they order it.
  • View the full release here: https://www.businesswire.com/news/home/20230803652702/en/
    Carvana now offers same day delivery in select markets and customers get a significant upgrade over a test drive with the Carvana 7-day no-reasons-needed money back guarantee.
  • “Customers have already come to expect the ease, transparency and convenience of online ordering and financing from Carvana.
  • Carvana's integrated online auto retail experience facilitates financing, insurance, warranty and service as well as selling or trading in a vehicle.

Skechers Signs UK Pickleball Pros Thaddea Lock and Louis Laville

Retrieved on: 
Thursday, August 3, 2023
Footwear, Sports, Other Sports, Online Retail, Fashion, Retail, Entertainment, Department Stores, Pickleball, English, Fouad Abiad, IPTPA, Scottish Open, MLP, Lock, Spanish Open (tennis), English Open, USA Pickleball, English nationalism, Louis, Bolton Arena, Athlete, US, Carvana, Open de España, Growth, APP, PPA, Female, Skechers, Florent Laville

“I’m extremely honoured to be joining the Skechers family as one of their first UK pickleball ambassadors,” said Thaddea Lock.

Key Points: 
  • “I’m extremely honoured to be joining the Skechers family as one of their first UK pickleball ambassadors,” said Thaddea Lock.
  • The Skechers pickleball shoes are the most comfortable and best fitting court shoes I have ever worn, and they allow me to maximise my performance.
  • Louis Laville has been playing pickleball professionally for more than five years and is ranked men’s number one in Europe.
  • Styles in the Skechers pickleball footwear collection are available at Skechers retail stores and skechers.co.uk, as well as key retail partners and specialty shops.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P3

Retrieved on: 
Wednesday, August 2, 2023
Other Professional Services, Professional Services, Finance, KBRA, ABS, Acquisition, E-commerce, Insurance, Telescopic sight, Carvana

KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P3 (“CRVNA 2023-P3”), a prime auto loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P3 (“CRVNA 2023-P3”), a prime auto loan ABS transaction.
  • CRVNA 2023-P3, represents the fifth term ABS securitization for the Company in 2023, the eleventh under its prime shelf, and thetwenty-third overall.
  • Carvana was launched out of DriveTime Automotive Group Inc. (“DriveTime”) in 2012 as an eCommerce platform for buying used vehicles.
  • KBRA considered its operational review of Carvana as well as periodic update calls with the Company.