CarMax

CarMax Stock Skids in Q3 as Used Car Sales Sputter
CarMax Stock Skids in Q3 as Used Car Sales Sputter
December 22, 2022  |  Retail

An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation’s largest...

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CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
June 24, 2022  |  Retail

Today in retail, U.S. senators are trying again to get support for Payment Choice Act, while H&M closes its Shanghai, China, flagship location amid supply...

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CarMax Empowers Customers with Self-Progression Capabilities
CarMax Empowers Customers with Self-Progression Capabilities
June 24, 2022  |  Retail

At a time when the auto retail market has been getting hammered by rising interest rates and fuel costs, used auto retailer CarMax has put...

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Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
April 22, 2022  |  Economy

For a while, the story surrounding the auto industry — particularly the online platforms — seemed simple. Lots of demand. Little supply. Skyrocketing prices, too,...

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Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings Estimate
Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings...
April 12, 2022  |  Retail

Today in retail, Albertsons digital sales growth slows, while CarMax fails to reach earnings estimates. Plus, Sephora’s chief technology officer looks forward to the “checkout...

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CarMax Stock Dips After Failure to Hit Earnings Estimates
CarMax Stock Dips After Failure to Hit Earnings Estimates
April 12, 2022  |  Earnings

CarMax stock continued to dip on Tuesday (April 12), dropping about 5% in early trading with news that its fiscal 2022 fourth-quarter earnings were lower...

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CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
December 22, 2021  |  Retail

Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer...

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