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Carvana Co. (CVNA) CEO Ernie Garcia on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 11:00 PM ETCarvana Co. (CVNA)3 Comments
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Carvana Co. (NYSE:CVNA) Q1 2021 Earnings Conference Call May 6, 2021 5:30 PM ET

Company Participants

Mike Levin - Vice President of Investor Relations

Ernie Garcia - Chief Executive Officer

Mark Jenkins - Chief Financial Officer

Conference Call Participants

Sharon Zackfia - William Blair

Zachary Fadem - Wells Fargo

Nick Jones - Citi

Chris Bottiglieri - Exane BNP Paribas

Rajat Gupta - J.P. Morgan

Collin Sebastian - Baird

Michael Montani - Evercore ISI

Nat Schindler - Bank of America Merrill Lynch

Naved Khan - Truist Securities

Ron Josey - JMP Securities

Alex Potter - Piper Sandler

Seth Basham - Wedbush Securities

John Colantuoni - Jefferies

Edward Yruma - KeyBank Capital Markets


Good afternoon and welcome to the Carvana First Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Mike Levin, Vice President of Investor Relations. Please go ahead.

Mike Levin

Thank you, Gary. Good afternoon ladies and gentlemen and thank you for joining us on Carvana's first quarter 2021 earnings conference call. Please note that this call will be simultaneously webcast on the Investor Relations section of the company's corporate website at investors.carvana.com. The first quarter shareholder letter is also posted on the IR website. Joining me on the call today are Ernie Garcia, Chief Executive Officer; and Mark Jenkins, Chief Financial Officer.

Before we start, I would like to remind you that the following discussion contains forward-looking statements within the meaning of the Federal Securities laws including, but not limited to, Carvana's market opportunities and future financial results that involve risks and uncertainties that may cause actual results to differ materially from those discussed here.

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Comments (3)

What a waste of big words...
HootieTreads profile picture
I have played a drinking game for the last 3 earnings calls: Finish a drink every time Ernie mentions "customer experience" or some phrase close to it. This time it was 10, last time it was 10, and the time before that...11! Please, Ernie! My liver can only handle so much!
I am just amazed by how this guy could talk all about these while selling $15M/day for quite awhile. Definitely something I gotta learn if I want to be that rich...
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