The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.
A series of securities class action lawsuits has been filed against CarMax, alleging that past disclosures concealed operational headwinds, temporary demand pull-forward effects, and rising risks in ...
CarMax, Inc. (NYSE:KMX) shares are trading higher after the company reported third-quarter earnings results. Quarterly sales of $6.223 billion beat the street view of $6.042 billion. The company ...
CarMax reported Q2 earnings of 85 cents per share, slightly missing estimates, while Auto Finance income fell 14.4% to $115.6 million. Quarterly sales reached $7.01 billion, driven by a 5.1% increase ...
CarMax (NYSE: KMX) is the largest used-car retailer in the United States. CarMax’s earnings report for the first quarter of the fiscal year 2025 was released, painting a picture of resilience despite ...
With the help of a more stable environment for the used car market, CarMax (NYSE:KMX) said retail used unit sales were up 5.4% in the third quarter and wholesale sales increased 6.3% from last year, ...
RICHMOND, VA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announces the national launch of its pre-qualification capability – a new online ...
CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...
Buyers at CarMax Auctions now have a new option for financing their purchases. Kinetic Advantage, an independent floorplan company for independent dealers, has partnered with CarMax to provide dealer ...
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CarMax Stock Just Tanked. Time to Buy?
The latest quarter disappointed, but unit margins held up, and management is moving to cut costs. Financing credit losses rose again, masking progress elsewhere and clouding near-term earnings. After ...
CarMax investors received devastating news as the used car giant’s stock plummeted more than 24 percent following a dismal second-quarter earnings report that missed analyst expectations by a wide ...
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CarMax, Inc. ("CarMax ...
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