The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.

CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as shoppers balk at high prices and elevated borrowing costs. The country’s largest ...

CarMax Inc.’s stock took a dive toward a more than five-year low in early Thursday trading, after the used-car seller reported second-quarter profit, sales and used car prices that fell below Wall ...

CarMax reported lower fiscal third-quarter sales and profit as the company’s hold on the used-car market continues to slip.

CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...

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 ...

CarMax Inc. shares surged Friday, after first-quarter profit topped Wall Street's estimates, boosted by the biggest jump in used-vehicle sales in nearly four years. The results indicate that CarMax ...

Truist Securities analyst Scot Ciccarelli reiterated a Hold rating on the shares of Carmax Inc (NYSE:KMX) with a price forecast of $88.00. CarMax delivered strong fourth-quarter results, with used ...

CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more affordable ...

The percentage of monthly searches filtered by “Electric Vehicle” on carmax.com has nearly doubled from January 2022 to February 2025. In the same timeframe, average used EV prices at CarMax fell by ...

Dec 18 (Reuters) - CarMax reported a ‌drop in third-quarter revenue and ‌profit on Thursday, hurt by weaker demand for and falling prices of used vehicles in the U.S. Shares ‍of CarMax were down about ...

CarMax Inc.’s stock price dropped to more than a five-year low Thursday after the used-car seller reported second-quarter profit and sales that declined from a year ago, as consumers have become more ...