Carvana Co (NYSE:CVNA)

$ 102.39 -2.66 (-2.53%) Market Cap: 11.97 Bil Enterprise Value: 18.47 Bil PE Ratio: 47.40 PB Ratio: 41.29 GF Score: 57/100

Carvana Co at Stephens Investor Conference Transcript

Nov 14, 2019 / 07:45PM GMT

Release Date Price: $78 (+3.74%)

Transcript

Nels Richard Nelson

Stephens Inc., Research Division - MD

So good afternoon, everybody. I'm Rick Nelson. I cover the hard-lines specialty retailers for Stephens. Welcome to the Carvana group session. Carvana, unquestionably, a disruptor in the used car marketplace. It's a pure-play online retailer with 25,000 vehicles, roughly, on their website and a unique delivery model. The company's revenues have grown triple digit for the last 24 consecutive quarters.

And with us today to tell us how they do it is Mark Jenkins, company CFO; and Mike Levin, VP, Investor Relations. Welcome to Nashville, you guys.

Mark Jenkins

Carvana Co. - CFO

Thank you.

Nels Richard Nelson

Stephens Inc., Research Division - MD

So I thought good place to start is to provide an overview of the business model, the value proposition, and how they view the opportunity in the used car business, and then we can move into Q&A.

Michael Louis Levin

Carvana Co. - VP of IR

Sure. So just to get

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