CarMax saw an improvement in demand and gross profit in Q3, indicating a potential bottom in the used car market. Q3 performance revealed significant improvements in demand, gross profit, and ...
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 is ...
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CarMax reports weaker earnings as used car demand cools
CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as ...
CarMax, the nation's largest used-car retailer, has more than 240 retail locations throughout the US. On an average year, the company sells more than 800,000 vehicles on the retail market (plus, its ...
CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...
CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...
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 ...
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Shares of CarMax were down about 7% in premarket trade. The largest U.S. used-car retailer has faced difficulty reselling ...
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