carvana co’s stock cvna rallied 24 in premarket trade wednesday as the car retailer updated fiscal firstquarter guidance while announcing a bond exchange the company said it now expects sales and operating revenue to range from 24 billion to 26 billion down from 35 billion in the yearearlier period the factset consensus is for sales of 28 billion “the decrease in total net sales and operating revenues is primarily driven by the reduction in retail units sold” the company said in a regulatory filing it now expects to sell between 76000 and 79000 retail units down from 105185 a year ago the factset consensus is for sales of 83000 retail units it expects nongaap gross profit of 310 million to 350 million compared with 314 million a year ago