Carvana Co (NYSE:CVNA)

$ 120.07 -0.88 (-0.73%) Market Cap: 14.04 Bil Enterprise Value: 20.35 Bil PE Ratio: 55.59 PB Ratio: 48.42 GF Score: 57/100

Carvana Co at William Blair Growth Stock Conference Transcript

Jun 06, 2019 / 05:00PM GMT

Release Date Price: $60.1 (+0.72%)

Transcript

Sharon Zackfia

William Blair & Company L.L.C., Research Division - Partner & Group Head of Consumer

So I'm Sharon Zackfia. I'm very happy to have with us today from Carvana, Ernie Garcia, who's Chairman, President and CEO; and Mike Levin, who's the Vice President of Investor Relations.

Carvana was founded in 2012 and is a rapidly growing digital retailer of used cars that offers customers the ability to buy and finance a used car anytime and anywhere. With a replicable go-to-market strategy and ample white space, management ultimately seized the opportunity to sell 2 million cars annually that would represent a market share of roughly 5% and would be a more than tenfold increase from what is projected for this year.

Before turning the podium over to Ernie, I need to tell you there's a complete list of research disclosures and potential conflicts of interest at williamblair.com.

Ernest C. Garcia;Michael Louis Levin

Carvana Co. - Founder, President, CEO & Chairman;Carvana Co. -

Thanks (inaudible).

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