Carvana still taking steps toward growth

Officials at Carvana spent a good portion of the company’s third quarter 2023 earnings call on Nov. 2 talking about the three-step plan Carvana implemented in the fourth quarter of 2022 to achieve positive free cash flow.

And they spent most of that time talking about step 3, which is to return to growth after completing the first two steps.

Those first two steps are to ...