Carvana shifts to neutral to maintain unit economics
Retailer made $1,100 EBITDA per unit sold in Q2
Carvana has worked to build better financial stability since facing liquidity woes over the past year, but the automotive retailer isn’t out of the woods. Debt piled up as Carvana burned through $2 billion of cash in the six months ending March 31, 2022, according to Bloomberg. The company has since restructured its debt and […]
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