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Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers
Bloomberg6d agoneutralVIDEO
Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers

On this episode of Stock Movers: - Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs. - Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company's shares this year.

Carvana Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Carvana Q2 Earnings Call Highlights

Carvana (NYSE:CVNA) reported record second-quarter results as retail unit sales rose 38% year over year to 197,325 vehicles and revenue increased 52% to $7.38 billion. The online used-car retailer also posted record adjusted EBITDA of $769 million, net income of $513 million and GAAP operating incom

Carvana (CVNA) Matches Q2 Earnings Estimates
Zacks6d agoneutral
Carvana (CVNA) Matches Q2 Earnings Estimates

Carvana (CVNA) delivered earnings and revenue surprises of 0.00% and +5.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Ecommerce earnings could provide catalyst for sector gains, Jefferies says
Proactive21d agoneutral
Ecommerce earnings could provide catalyst for sector gains, Jefferies says

Ecommerce and internet stocks could continue to gain as second quarter earnings season provides greater clarity on profit margins and growth trends, according to Jefferies analysts, who believe valuations across the sector remain attractive despite ongoing concerns about artificial intelligence...

Car ‘Playgrounds,’ Smartphone Shopping: Inside Carvana’s New-Car Sales Playbook
The Wall Street Journal49d agoneutral
Car ‘Playgrounds,’ Smartphone Shopping: Inside Carvana’s New-Car Sales Playbook

DALLAS— Carvana became famous for its giant “vending machines” that house the used cars it sells online. “We’re not trying to sell cars here,” Tom Taira, Carvana’s president of special projects, told reporters at its recently remodeled Chrysler-Dodge-Jeep-Ram store in Dallas. The store is one of seven new-car dealerships that Carvana has amassed after a buying spree that began in February 2025.

Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.
The Wall Street Journal79d agoneutral
Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.

Carvana’s Casa Grande, Ariz., dealership is the U.S.’s top-selling Chrysler, Jeep, Ram and Dodge dealer as of April. Joshua Higginbotham, a 43-year-old dad in the Kansas City area, swore off buying new cars from Jeep-Ram parent Stellantis after a few bad experiences at the automaker’s franchised dealerships—including losing a $500 deposit for a Dodge Challenger he didn’t buy. “I don’t want to spend a whole day in a dealership, and they always like to make it take an entire day,” Higginbotham said.

Root Q1 Earnings Call Highlights
MarketBeat90d agoneutral
Root Q1 Earnings Call Highlights

Root (NASDAQ:ROOT) reported what executives described as the most profitable quarter in the company’s history, with management emphasizing a more “structurally stronger model” driven by improvements in pricing, underwriting, and capital allocation. On the company’s first-quarter 2026 earnings call,

Carvana CEO sends strong message on profitability
TheStreet92d agoneutral
Carvana CEO sends strong message on profitability

Carvana just reported numbers that stopped Wall Street in its tracks. The online used car retailer posted a record-breaking first quarter, and CEO Ernie Garcia didn't mince words about where the company is headed. Despite its solid Q1 results, Carvana (CVNA) stock is down 4% in 2026 and has pulled ...