CZOO Stock Recent News

Cazoo, which calls itself “Europe's leading online car retailer,” is adding Italy to the list of countries in which it operates. The company announced Wednesday (June 22) that Italian customers can now complete the shopping and buying process online, prompting some observers to refer to it as “the Amazon of the used car market,” per […]

Cazoo Group Ltd (NYSE:CZOO), the online car dealer, has yet to find a way to allow potential car buyers a chance to kick the tyres. That, in essence, might be one reason why the expected revolution in car buying has yet to pan out the way the market thought it would.

Cazoo Group Ltd (NYSE:CZOO) has been downgraded by Citigroup as the car retailer focuses on cash preservation over growth. The company said overnight that it will cut 15% of its workforce, including around 750 jobs in the UK and Europe, and reduce its marketing spend to save more than £200mln in an effort to protect profits as the car market cools.

European online car retailer Cazoo expanded into Spain Thursday (May 12), allowing customers in that country to access a fleet of reconditioned vehicles, buy them online and have them delivered to their doors, according to the company press release. Cazoo customers can review 360-degree images and the details of a car's features and history, and […]

Cazoo Group Ltd (NYSE:CZOO ) Q1 2022 Earnings Conference Call May 3, 2022 8:00 AM ET Company Participants Alex Chesterman – Founder, Chief Executive Officer Stephen Morana – Chief Financial Officer Robert Berg – Director of Investor Relations and Corporate Finance Conference Call Participants Rajat Gupta – JPMorgan Adam Berlin – UBS Saim Saeed – Berenberg Operator Greetings and welcome to the Cazoo First Quarter 2022 Earnings call. At this time, all participants are in a listen-only mode.

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Cazoo's fiscal 2021 earnings results capped off the strong year. Revenue for the year increased by 312% to reach a new record.

Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q4 2021 Results - Earnings Call Transcript

Europe's leading online car retailer, Cazoo, announced on Thursday (Feb. 10) that it had sold a stake of the company to a group of investors for an amount of $630 million, nearly six months after the firm listed on the New York Stock Exchange (NYSE). The additional funds, which boosts the firm's current cash balance […]

As US markets continue to tumble, a number of companies must be thanking their lucky stars they got their flotations away last year. One of the telltale signs of a bubble is a spate of overpriced initial public offerings (IPOs), and 2021 was a bumper year, with 1,051 companies floating in the US – an all-time record.