Full-Time
Posted on 8/22/2026
Online used-vehicle retailer with nationwide delivery
No salary listed
No H1B Sponsorship
Tempe, AZ, USA
In Person
Bachelor's
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Carvana runs an online used-vehicle marketplace where customers buy, sell, and trade cars through a nationwide digital inventory and home delivery. It lets buyers complete the entire purchase process online from viewing listings to arranging delivery, with features such as a 7-day money-back guarantee. Selling or trading a vehicle is done online in seconds, streamlining the process with instant offers and vehicle pickup or drop-off options. The service relies on a strong emphasis on convenience and transparency, leveraging technology to simplify car transactions and provide a seamless ecommerce experience. Carvana differentiates itself from competitors by offering a fully online, end-to-end process with nationwide delivery, a no-hassle return policy, and quick online trade-in capabilities, backed by a customer-first approach. The company aims to make buying, selling, and trading cars as easy and transparent as possible for consumers.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Tempe, Arizona
Founded
2012
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Carvana jumps 9.0% amid sector-wide rally. Carvana Co. surged 9.0% on Wednesday, riding a broad rally across sector peers that sent all major names sharply higher. The online used-car retailer climbe... AlphaStreet Newsdesk powered by AlphaStreet Intelligence Carvana Co. surged 9.0% on Wednesday, riding a broad rally across sector peers that sent all major names sharply higher. The online used-car retailer climbed to $70.83 on volume of 6.4M shares as the auto dealership space posted coordinated gains, with three key sector peers also advancing: CarMax up 3.3%, Lithia Motors up 4.8%, and AutoNation up 3.1%. The synchronized move suggests sector-wide buying momentum rather than company-specific news. Carvana's 9.0% jump outpaced all three peers, indicating heightened investor appetite for the stock amid the broader sector rotation. The rally pushed Carvana's market capitalization to $104.9B, cementing its position as a major player in the auto dealership landscape. While no earnings report or analyst upgrade triggered the move, the strength across CarMax, Lithia Motors, and AutoNation points to renewed optimism around used-car demand or dealership fundamentals broadly. Volume and market context provide additional signals for traders watching the tape. The 6.4M shares traded Wednesday represents meaningful activity as the stock extended its recent momentum. Carvana has been one of the more volatile names in its sector, and days like Wednesday demonstrate the outsized moves the stock can produce when buyer interest aligns with sector tailwinds. The company's $104.9B valuation reflects the market's continued belief in its digital-first dealership model, even as traditional peers like Lithia Motors and AutoNation posted solid gains of their own. No company-specific catalyst emerged to explain the move, leaving sector dynamics as the primary driver. With all four major names posting gains - and Carvana leading the pack - investors appear to be rotating capital into auto dealership stocks as a group. Whether this reflects improving consumer sentiment, favorable inventory conditions, or simply technical buying remains unclear, but the breadth of the rally suggests more than a single-stock story. What to Watch: Monitor whether this sector-wide strength continues or fades. Any company-specific guidance, earnings updates, or industry data on used-car pricing and inventory levels could either confirm or challenge the bullish sentiment driving Wednesday's coordinated rally. This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
Carvana shares dropped 7% on Tuesday amid investor concerns that billionaire Mark Walter, who holds a $2 billion stake representing roughly 4% of the company, might sell his holdings. Walter, CEO of Guggenheim Partners and head of TWG Global, faces a federal investigation into whether he or his companies concealed financial ties whilst borrowing billions from insurers he controls. TWG Global announced a deal to swap up to $6.5 billion of affiliated investments held by its Delaware Life Insurance unit for independent assets. This restructuring has heightened worries that TWG may need additional cash, potentially forcing Walter to liquidate part of his Carvana position, though no sale has been confirmed. The stock decline follows Carvana's strong second-quarter results reported in July, with revenue reaching $7.4 billion and net income of $513 million.
Carvana shares have underperformed the broader market over the past year, gaining 5% compared to the S&P 500's 20.2% rally. The stock is down 14.1% year-to-date, while the S&P 500 has risen 13.2%. The online used car retailer, with a market cap of $79.8 billion, faces operational cost pressures, shrinking profit margins, and elevated financing rates that are dampening used-car demand. Rising reconditioning expenses and contracting adjusted EBITDA margins have weighed on performance. In its second quarter results reported on 29 July, Carvana's earnings per share of $0.42 matched Wall Street expectations, whilst revenue of $7.4 billion exceeded forecasts of $7 billion. Of 23 analysts covering the stock, 13 rate it "Strong Buy", three "Moderate Buy", and seven "Hold", giving a consensus rating of "Moderate Buy".
Carvana has priced a $1.66 billion Senior Secured Term Loan B facility to refinance its 9.00% Senior Secured Notes due 2030. The term loan was priced at one-month Term SOFR plus 225 basis points and issued at 99.75% of principal, with a seven-year maturity. The transaction is expected to reduce cash interest expense by approximately $45 million annually on a leverage-neutral basis over the next four years whilst extending the company's debt maturity profile. As of 30 June 2026, Carvana reported total debt of $5.24 billion and cash equivalents of $2.63 billion, resulting in net debt of $2.61 billion. The company's trailing twelve-month Adjusted EBITDA was $2.59 billion, placing its net debt to Adjusted EBITDA ratio at 1.0x.
LP people on the move: August 2026. Taking the Steps To Build a Successful Loss Prevention Career August 12, 2026 News, tactics, career guidance, and technological developments for retail loss prevention professionals. Professional advancement and building a successful loss prevention career can mean many things to many different people, and there are many different ways to evaluate our career vision and professional aspirations. But what is most important is that we find the path that fits us best. Whatever our professional goals and aspirations might be; whatever skills and experiences have helped forge our personal loss prevention career path, we have to find and seize the opportunities to learn, grow, and progress. All of us throughout the loss prevention community are proud of the accomplishments of those who have worked hard and earned a new place along the loss prevention career path. Please join us in congratulating the following individuals on their recent career moves and promotions. August 2026. August 1st - August 12th - Digital Partner - Ryan Wonnick is now a remote investigator at The TJX Companies (Canada). Zachary Mitchell is now a profit protection business partner at Dyson. Antonio J. Salzedo, CFE, LPC is now lead investigator - global security and investigations at AT&T. LP Solutions The transfer of keys between departing and incoming employees might seem like a straightforward process, but it's riddled with potential risks. Zane Williams, CFI is now a market investigator at Family Dollar. Eileen Faulker was promoted to senior manager of loss prevention at Windsor Fashions. Kevin Antcliff is now a reginal manager of asset protection at Essilor Luxottica. Joseph Lyons, CFI is now a market asset protection manager at Walmart. - Digital Partner - Mark Hart is now a regional loss prevention manager at Spirit Halloween Store. Umang Patel was promoted to physical security engineer, DC design and engineering (AWS) at Amazon. Eddie Sosa, LPC, CORCI is now a loss prevention field manager at Staples. Josh Rodriguez was promoted to head of risk management and compliance (US) at PureGym. Stephanie Kruszka was promoted to functional lead safe and secure at Carvana. Jonathon Burris, LPC is now a regional asset protection manager at The Home Depot. Victor Stresser was promoted to regional loss prevention supervisor at Tenda Atacado (Brazil). Drew Beckett was promoted to director of security and loss prevention at Amazon. Kayla O'Connor is now a people and asset protection specialist at Woolworths (New Zealand). Ryan Shedd-Seto, CFI was promoted to regional asset protection director at Walmart. Tom Provost, CPP is now global director, safety and security at Red Wing Shoe Company. Luis Chicas is now an area asset protection manager at The Beer Store. Rolando Gallardo, LPC is now a market asset protection manager at Bass Pro Shops. Nicole Janoian is now a district loss prevention manager at The TJX Companies Suzanne Frazer is now investigations manager at Kmart (Australia). Stephanie Montanari was promoted to director, division asset protection at Macy's. Ricardo Hernandez II is now asset protection investigations at Exemplar Luxury Group. Mike Wolfson is now director of asset and profit protection at Ferragamo. Sean Goldmann was promoted to field investigations manager at The TJX Companies. Jadey Barnett was promoted to multi-site manager, field safe and secure at Carvana. Hannah Harrell was promoted to senior manager, asset protection and retail operations at The Walt Disney Company. Many of the loss prevention/ asset protection career moves and promotions are reported to us by our career advisor partners. We are grateful for their collective efforts and diligence in delivering this information. If you would like to provide information pertaining to a recent promotion or career move that is not listed above, please email submissions here. News, tactics, career guidance, and technological developments for retail loss prevention professionals.