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Carvana Hits Record $7.38B Revenue But Faces Inventory Headwinds
Carvana reported record second-quarter revenue of $7.38 billion after selling nearly 200,000 retail units, pushing its adjusted EBITDA to $769 million and setting an annual run rate over $3 billion. Despite these impressive financial numbers, Seeking Alpha Quant ratings flag $CVNA as a hold due to inventory growth lagging behind strong sales ...
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