CarMax Inc.’s stock price dropped to more than a five-year low Thursday after the used-car seller reported second-quarter ...
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 ...
CarMax missed Q2 earnings estimates, raising questions about softening demand and shifting prices in the used car market.
Shares of CarMax Inc. were rallying toward their first gain in six sessions in early Thursday trading, after the used vehicle seller reported fiscal third-quarter earnings that rose well above ...
CarMax (KMX) shares have had a challenging year, dipping nearly 38% over the past 12 months. Amid changing dynamics in the used-car market, many investors are revisiting what is driving the ongoing ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
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 Morgan Stanley analysts said they prefer Carvana’s stock, which they rate as the equivalent of buy. They kept the same ...
To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that ONeil purchased 10,816 ...
CarMax is the leading used car retailer in the United States. The company’s extensive nationwide footprint and logistics ...