CarMax Inc. shares surged Friday, after first-quarter profit topped Wall Street's estimates, boosted by the biggest jump in used-vehicle sales in nearly four years. The results indicate that CarMax ...

CarMax reported a 33% fall in first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry. Pre-owned vehicle retailers have had a bumpy ride with ...

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...

Carvana and CarMax both make it easier to buy or sell a used car without the traditional dealership experience. Find out ...

Tighter supply of used vehicles and intensified auto retail competition pose challenges for CarMax Inc. as it reports fiscal first-quarter earnings June 21, analysts covering the company said. The ...

Four directors snap up CarMax shares on the heels of the auto retailer’s first-quarter earnings report.

When it comes to used cars in the United States, CarMax Inc. (NYSE: KMX) stands out as the largest used car dealership. The auto/tires/trucks sector giant operates more than 245 physical dealerships ...

In its fiscal 2025 first quarter, CarMax reported earnings of $0.97 per share, down 34% year over year, though last year's figure benefited from a $0.28 per share one-time legal settlement. On an ...

The used-car retailer says accepting lower gross profits per unit lets it keep retail prices down and increase sales.

Shares of used-car retailer CarMax were plunging 19.9% in recent trading, enough to lead the S&P 500's and NYSE's decliners, after an earnings report that disappointed investors, even though the ...