The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.
Here's our initial take on CarMax's (NYSE: KMX) fiscal 2026 first-quarter financial report. There were a lot of good things to see in CarMax's financial report for the first quarter of its 2026 fiscal ...
CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as shoppers balk at high prices and elevated borrowing costs. The country’s largest ...
CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...
CarMax, one of America’s largest used car retailers, has exceeded market expectations with its latest earnings report, driven primarily by an uptick in retail vehicle sales. The company’s performance ...
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, ...
CarMax Inc. (NYSE: KMX) is trading lower premarket on Thursday after reporting third-quarter 2025 earnings. The used-car retail giant reported earnings per share of 43 cents, beating the analyst ...
CarMax KMX recently exited the new-vehicle retail business with the sale of the CarMax Kenosha Toyota new-car dealership to the Rydell Company. The decision to divest its new-car dealership franchise ...
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There were a lot of good things to see in CarMax's financial report for the first quarter of its 2026 fiscal year. Total vehicle unit sales were up nearly 6% year over year, lifted by extremely strong ...
CarMax Inc.’s stock price dropped to more than a five-year low Thursday after the used-car seller reported second-quarter profit and sales that declined from a year ago, as consumers have become more ...