CarLotz, Inc. (LOTZ) News
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LOTZ News Highlights
- LOTZ's 30 day story count now stands at 2.
- Over the past 2 days, the trend for LOTZ's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- SFT are the most mentioned tickers in articles about LOTZ.
Latest LOTZ News From Around the Web
Below are the latest news stories about CARLOTZ INC that investors may wish to consider to help them evaluate LOTZ as an investment opportunity.
Shift Closes Merger with CarLotz, Creating a Differentiated Used Omnichannel Auto Retailer, and Announces Shift Board of Directors ChangesSAN FRANCISCO, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its merger with CarLotz, Inc. (Nasdaq: LOTZ), a leading consignment-to-retail used vehicle marketplace. The combined company will continue to trade on Nasdaq under the ticker SFT. CarLotz shareholders at the effective time of the merger will receive approximate |
CarLotz Announces Special Shareholder Meeting Voting ResultsCarLotz Stockholders Approve Merger Agreement with ShiftRICHMOND, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used vehicle marketplace, is pleased to announce that today the Company’s stockholders approved the Agreement and Plan of Merger, dated August 9, 2022, among Shift Technologies, Inc. (“Shift”), Shift Remarketing Operations, Inc. (“Merger Sub”) and the Company, pursuant to which, among other things and subject to |
CarLotz, Inc. (LOTZ) Reports Q3 Loss, Lags Revenue EstimatesCarLotz, Inc. (LOTZ) delivered earnings and revenue surprises of 32% and 32.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock? |
CarLotz Announces Third Quarter Fiscal 2022 Financial ResultsThird Quarter Revenue of $50.8 millionThird Quarter Retail Unit Sales of 1,375Third Quarter GPU increased 62% to $1,524 RICHMOND, Va., Nov. 08, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used vehicle marketplace, today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Results Net revenue was $50.8 million compared to $68.0 million in the same period in 2021Retail unit sales were |
How CarLotz is Evolving Customer Service in Today’s MarketplaceBuying and Selling via Consignment plus new Drivers Seat Advantage program puts customers firstRICHMOND, Va., Oct. 20, 2022 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s leading consignment-to-retail used vehicle marketplace, is constantly evolving and expanding its services to deliver extraordinary customer service and achieve its mission to create the world’s greatest vehicle buying and selling experience. While consignment has been around for many years, it is still relatively new |
CarLotz Announces Industry-Leading ‘Drivers Seat Advantage’ Program to Benefit Used Car BuyersNew Benefits Include One-of-a-Kind 12-Month/12,000 Mile Limited Warranty, Low-Price Match, and 7-Day/400-Mile Return PolicyRICHMOND, Va., Sept. 22, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (Nasdaq: LOTZ), a leading consignment-to-retail used vehicle marketplace announced today it has launched the Driver’s Seat Advantage program. The new program provides even more benefits to CarLotz’s unique consignment model by offering used car buyers shopping online or in-hub access to the Driver’s Seat Advanta |
Auto Roundup: HMC Quarterly Results, LOTZ-SFT Merger Plans & MoreHonda (HMC) fiscal first-quarter 2023 earnings miss estimates, while revenues beat. Meanwhile, Shift Technologies (SFT) and CarLotz (LOTZ) ink a merge deal to become a leading used vehicle e-retailer. |
CarLotz (LOTZ) & Shift to Merge, Form E-Commerce RetailerCarLotz (LOTZ) and Shift Technologies ink deal to form a differentiated omni-channel retailer to bolster profitability. CarLotz will downsize its workforce and the number of hubs. |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on WednesdayIt's time for another dive into the biggest pre-market stock movers as we check out the latest news for Wednesday morning! |
Shift Technologies, Inc. (SFT) Q2 2022 Earnings Call TranscriptJoining me on the call today is CEO, George Arison; president, Jeff Clementz; and our CFO, Oded Shein. During our remarks, we will make some forward-looking statements, which represent our current judgment on what the future may hold. Actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statement. |