CarMax reported a fourth-quarter loss Tuesday after lowering prices as part of a plan to attract new customers. The used-car auto giant lost $120.7 million (1), or 85 cents per share, compared to ...

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CarMax sold 0.7% fewer vehicles retail last quarter, and 3% more wholesale, resulting in a 1% decline in total revenue -- an improvement from the 1.8% decline for all of fiscal 2026. Profitability ...

CarMax KMX1.08%increase; green up pointing triangle thinks it has some answers to the auto industry’s affordability crisis: lower prices for used cars, more older, higher-mileage vehicles for sale, ...

April 14 (Reuters) - Used car retailer CarMax (KMX.N), opens new tab reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles. Shares of ...

SAN JOSE — CarMax has agreed to pay $1.1 million and review its practices to settle litigation from multiple California county prosecutors alleging the national auto dealer was slow-footing title ...

CarMax (KMX) new CEO Keith Barr penned a letter to shareholders in which he introduced himself and emphasized his customer‑ and associate‑centric leadership approach, drawing on his prior experience ...

Activist investor Starboard Value is urging incoming CarMax (KMX) CEO Keith Barr to take disciplined measures to refocus the organization, improve governance, and increase the company’s long-term ...

The U.S. Department of Justice said that the Civil Rights Division's Housing and Civil Enforcement Section and U.S. Attorney's Office for the Eastern District of Virginia have obtained over $484 ...

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...

Justice officials allege CarMax violated the Servicemembers Civil Relief Act. (Baona/Getty Images) CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to ...

WASHINGTON — The Department of Justice (DOJ) has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the ...