Carvana earnings exceeded expectations within the first quarter as originations elevated 29.3% 12 months over 12 months and retail gross sales strengthened. Originations rose 23.1% sequentially to $1.8 billion, whereas retail gross sales elevated 16% year-over-year to 91,878 models, in response to the retailer’s Might 1 letter to shareholders. Gross revenue per unit Different gross revenue per unit (GPU), which […]
