CarMax stock is downgraded to sell as retail volumes shrink, share slips vs. Carvana, rising credit risk, and a pricey 19x ...
Recent commentary around CarMax (KMX) has focused on shrinking same store sales, rising pressure from competitors like ...
A series of securities class action lawsuits has been filed against CarMax, alleging that past disclosures concealed operational headwinds, temporary demand pull-forward effects, and rising risks in ...
Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the ...
The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.
Wednesday’s firings are at least the third sizable round of job eliminations by the Fortune 500 firm since the summer of 2024 ...
CarMax, Inc. (NYSE:KMX) shares are trading higher after the company reported third-quarter earnings results. Quarterly sales of $6.223 billion beat the street view of $6.042 billion. The company ...
The latest quarter disappointed, but unit margins held up, and management is moving to cut costs. Financing credit losses rose again, masking progress elsewhere and clouding near-term earnings. After ...
CarMax Inc (NYSE: KMX) breached its 52-week low on Thursday after the firm’s second-quarter results were hit by weaker retail sales and higher loan loss provisions, leading to earnings and revenue ...
CarMax (KMX), the largest used car retailer in the US, said its seeing a huge spike in electric vehicle interest from its customers. And when those customers do buy EVs, they are buying Teslas. In its ...
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