CarLotz

CarLotz, Inc. engages in the vehicle consignment business. Its retail remarketing technology provides performance metrics, data analytics, and custom business intelligence reporting to corporate vehicle sourcing partners. The company was founded by Michael W. Bor in 2011 and is headquartered in Richmond, VA.

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Tantech Hlds

Waitr Holdings Inc

Which penny stocks are you watching right now? The post Top Penny Stocks to Buy as the Market Turns Bullish?

Top Penny Stocks to Buy as the Market Turns Bullish? 3 to Watch

Used-car consignment and marketplace CarLotz Inc. said late Tuesday it will lay off about a third of its workforce and close stores as it seeks to remain in business.

CarLotz to lay off a third of its workforce, close some stores

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower by 3.78% at $0.49 in Tuesday's after-hours session after the company announced the closure of 11 dealership stores as part of a strategic review of its business. In addition, three locations with executed leases will not be.

After-Hours Action: Why CarLotz Stock Is Sliding

RICHMOND, Va., June 21, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the closure of 11 dealership stores, or “hubs,” as part of a strategic review of the business, with cash preservation and future profitable growth as key determining factors. In addition, three locations with executed leases will not be opened. The Company will focus on growing the remaining hubs which it believes will produce, in combination, the highest future growth potential, highest profit potential, and the most attractive sourcing opportunities.

CarLotz Closes 50% of its Stores to Strategically Focus on Path to Profitability

RICHMOND, Va., May 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today that the Company's Compensation Committee has granted equity inducement awards of Class A common stock to three new executive employees and three new non-executive employees in connection with their joining the Company. The Company granted 3,500,000 restricted stock units and 3,500,000 performance restricted stock units to Lev Peker, our new Chief Executive Officer, 1,100,000 restricted stock units and 1,100,000 performance-based restricted stock units to Ozan Kaya, our new President, and 600,000 restricted stock units and 500,000 performance restricted stock units to Eugene Kovshilovsky, our new Chief Technology Officer. The Company also granted 419,822 restricted stock units and non-qualified stock options to purchase 569,676 shares of the Company's common stock, in the aggregate, to the three non-executive employees. The grants of restricted stock units, performance stock units and stock options were promised to each of the aforementioned employees in their employment agreements or offer letters with the Company as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4).

CarLotz, Inc. Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635 (C)(4)

Wilmington, Delaware--(Newsfile Corp. - May 16, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of CarLotz, Inc. (NASDAQ: LOTZ) on behalf of stockholders.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-carlotz-inc.To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating CarLotz, Inc.

CarLotz, Inc. (NASDAQ:LOTZ ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Susan Lewis – Vice President-Investor Relations Lev Peker – Chief Executive Officer Tom Stoltz – Chief Financial Officer Conference Call Participants Susan Lewis Thank you. Good afternoon, everyone.

CarLotz's (LOTZ) CEO Lev Peker on Q1 2022 Results - Earnings Call Transcript

CarLotz, Inc. (LOTZ) delivered earnings and revenue surprises of -10% and 14.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CarLotz, Inc. (LOTZ) Reports Q1 Loss, Lags Revenue Estimates

First Quarter Revenue Grew 11% versus Last Year to $63.0 million First Quarter Retail Unit Sales of 2,270 First Quarter F&I Revenue Grew 138% versus Last Year

CarLotz Announces First Quarter Fiscal 2022 Financial Results

RICHMOND, Va., April 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“The Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, will release its first quarter fiscal 2022 results after the U.S. stock market closes on May 9, 2022. The Company will hold a conference call to discuss the business update at 5:00 p.m. (Eastern Time) that day.

CarLotz, Inc. Announces First Quarter Fiscal 2022 Earnings Release Date, Conference Call and Webcast

CarLotz Strengthens Executive Leadership Team

CarLotz, Inc. (LOTZ) CEO Michael Bor on Q4 2021 Results - Earnings Call Transcript

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower in Tuesday's after-hours session after the company reported financial results, but refrained from providing guidance.  CarLotz said fourth-quarter revenue increased 124% year-over-year to $83.1 million.

Why CarLotz Shares Are Falling After Hours

Fourth Quarter Revenue Grew 124% versus Last Year to $83.1 million Fourth Quarter Retail Unit Sales Grew 49% versus Last Year to 2,695 Fourth Quarter F&I Revenue Grew 139% versus Last Year

CarLotz Announces Fourth Quarter and Fiscal 2021 Financial Results

Lev Peker, CarParts.com CEO, Will Assume Top Post and Join Board of Directors Effective April 18 Lev Peker, CarParts.com CEO, Will Assume Top Post and Join Board of Directors Effective April 18

CarLotz Announces CEO Transition

Ongoing digital improvements strengthen the company's Omnichannel, consumer-centric model RICHMOND, Va. , March 14, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today that it has launched a mobile application.

CarLotz Launches Mobile App

RICHMOND, Va., March 03, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, will release its fourth quarter and fiscal 2021 results after the U.S. stock market closes on March 15, 2022. The Company will hold a conference call to discuss the business update at 6:00 p.m. (Eastern Time) that day.

CarLotz, Inc. Announces Fourth Quarter and Fiscal 2021 Earnings Release Date, Conference Call and Webcast

RICHMOND, Va., Feb. 15, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today it has expanded its "it feels good to be a used car person" campaign in the Midwest.

CARLOTZ REMINDS US "IT FEELS GOOD TO BE A USED CAR PERSON"

RICHMOND, Va., Feb. 3, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, is pleased to announce Holly Vollant, Senior Vice President, Retail Remarketing has been appointed to the Executive Committee of the International Automotive Remarketers Alliance.

CarLotz' Holly Vollant Joins IARA Executive Committee

Vehicles at all CarLotz hubs have been processed using Privacy4Cars technology. CarLotz will add a visual icon to sales data, in hub and online, for all vehicles available.

CarLotz Launches National Partnership With Privacy4Cars

RICHMOND, Va., Jan. 28, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today it has launched a nationwide partnership with Privacy4Cars.

CarLotz Announces National Partnership with Privacy4Cars

Carvana

Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of used car companies: CarLotz Inc. (NASDAQ:LOTZ) and Carvana (NYSE:CVNA).

Stock Wars: CarLotz Vs. Carvana

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violations and breach of fiduciary duty claims against CarLotz, Inc. (“CarLotz” or the “Company”)(NASDAQGM: LOTZ). If you currently own shares of CarLotz and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-i

CARLOTZ (LOTZ) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating CarLotz, Inc. For Potential Securities Fraud Violations and Breaches of Fiduciary Duty

Why CarLotz Stock Looks Attractive Right Now

RICHMOND, Va., Dec. 20, 2021 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced it will open its second hub today in Alabama.

News for CarLotz Stock (LOTZ)