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, ...
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CarMax Stock Sinks After Earnings. Tariffs Could Drive Used Car Prices Higher, CEO Says.
Shares of CarMax sank Thursday after the used-car dealer reported fiscal-fourth-quarter earnings that missed expectations and management sounded the alarm about the looming impact of auto tariffs.
CarMax (NYSE: KMX) is the nation's largest used car retailer and part of the larger automotive and retail sectors. CarMax's earnings for the fourth quarter and full year of 2024 (Q4FY2024) were ...
Sept 26 (Reuters) - Used car retailer CarMax (KMX.N), opens new tab beat Wall Street estimates for second-quarter revenue on Thursday as price cuts on used vehicles boosted unit sales, especially in ...
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 (NYSE:KMX) stock surged nearly 6% during trading on Friday. These gains were driven by the company reporting better-than-expected Q1 results, with revenue rising around 6% year-over-year to ...
CarMax Inc. closed 48.08% short of its 52-week high of $89.47, which the company achieved on February 18th.
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