Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Carvana CEO warns of lower margins amid rising gas prices

TST (Full) - (Official Feed) · 1h ago
Carvana CEO warns of lower margins amid rising gas prices

Carvana just posted one of its strongest quarters ever with record sales and record operating income. But buried inside an otherwise upbeat earnings call, CEO Ernie Garcia pointed to a problem that's easy to overlook: gas prices are quietly squeezing profit per vehicle. For a company built on ...

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