KMX faces falling sales, rising marketing costs and heavy debt as competition intensifies, making investors consider exiting.
Shares of CarMax fell Thursday after the company beat quarterly earnings and sales expectations but said it plans to reduce margins on used cars.The used-car retailer posted earnings of 43 cents a ...
CarMax Inc. said it sold fewer used cars than expected last quarter, adding pressure on interim management to turn the beleaguered used-car retailer around.
Shares ‍of CarMax were down ​about 7% in premarket trade. The largest U.S. used-car ​retailer ⁠has faced difficulty reselling vehicles at the higher prices it paid for them, as a marketwide dip ...
If you purchased or otherwise acquired CarMax securities between June 20, 2025 and November 5, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is ...
CarMax, Inc. is rated a Buy as shares rebounded 30% with current valuation at 14x forward earnings. Learn more about KMX stock here.
CarMax plans lower margins and more marketing to recover sales after a 9% decline in used-vehicle sales and rising online ...
It's a similar story in terms of margins. With a gross profit margin of 11%, CarMax ranks second to last in the peer group.
CarMax reports $5.79 billion in third-quarter sales, exceeding expectations, while retail used unit sales drop 8% and wholesale units fall 6.2% year-over-year.
CarMax plans to lower prices and increase ad spend after reporting in-line Q3 results. Analyst reduced PT to $36, maintains ...
The Gross Law Firm issues the following notice to shareholders of CarMax, Inc. (NYSE: KMX). Shareholders who purchased shares of KMX during the class period listed are encouraged to contact the firm ...
Richmond, Va.-based used vehicle retailer CarMax recently opened its first Arkansas dealership on more than 15 acres along ...