CarMax made $111 less on each used car it retailed this summer than it did a year earlier, and $116 more on what it sold alongside the car. That swap, from the sticker to the extended service plan, ...
CarMax is executing a turnaround, with comps and EPS beating expectations despite layoffs and a challenging used car market.
Fueled by a 9% rise in used car sales that helped offset softer vehicle prices, CarMax (NYSE:KMX) delivered a double-digit earnings increase and a 6.1% gain in net sales—both topping Wall Street ...
The used-car market is directly affected by new car market pricing, according to CarRight. Higher prices on new cars prompt more car buyers to consider used cars, which in turn increases prices in the ...
Bank of America has upgraded CarMax Inc (NYSE:KMX), the US used-car retailer, to 'buy' from 'underperform' and raised its ...
Bank of America issued a double upgrade on CarMax after an FTC pricing rule and strong Q2 FY2027 earnings boosted the used ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON (WAVY) — CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the ...
By Nathan Gomes Sept 29 (Reuters) - CarMax on Tuesday reported a rise in second-quarter profit and revenue, as the used-car retailer leaned on its pricing strategy to drive a rebound in sales, sending ...
CarMax, Inc. released a report revealing significant trends in consumer interest in used electric vehicles (EVs) from January 2022 to February 2025. The data shows that monthly online searches for EVs ...
Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department ...