CarMax missed Q2 earnings estimates, raising questions about softening demand and shifting prices in the used car market.

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CarMax reported a fall in second-quarter profit on Thursday, as waning demand for used vehicles continued to weigh on the U.S. pre-owned vehicle market, sending the company's shares down nearly 13% in ...

Used car values depreciated rapidly this summer as competitors were "aggressive" on pricing, CarMax CEO Bill Nash warned Thursday. Why it matters: Prices had spiked earlier in 2025 as Americans rushed ...

(Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more ...

Q2 miss stems from high rates and loan losses, while Carvana‘s (CVNA) online model drives gains but faces risks. KMX’s ...

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 also said the first-quarter sales surge may have caused a pull-forward of demand, leading to weaker sales in the second quarter. Nash said that as a result, the company lowered its retail ...

(iSeeCars) – So you want to sell your car. Whether it’s because you want a new car or because you no longer need a vehicle, you’re probably wondering where you should get rid of your wheels. One ...