The used-car market is directly affected by new car market pricing, according to CarRight. Higher prices on new cars prompt ...
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 ...
Consumer concerns about tariffs fueled CarMax Inc.'s sales in its first fiscal 2026 quarter, not its claimed market strength, ...
CarMax said board member David McCreight, a retail clothing executive who has served as CEO of Lulu's Fashion Lounge Holdings ...
CarMax KMX-1.39%decrease; red down pointing triangle used car sales fell sharply in the second quarter, crashing back to Earth following a first-quarter spike that was fueled by higher demand for used ...
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 ...
Shares of CarMax plummeted after the company reported second-quarter earnings and sales well below analysts expectations and said it sold significantly fewer cars compared with the previous year. The ...
Sept 25 (Reuters) - CarMax (KMX.N), opens new tab reported a drop in second-quarter profit on Thursday, as excess inventory build up, depreciation costs and fall in used-vehicle prices hammered its ...
Earnings Results CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives CarMax’s stock was having its worst day in three years as quarterly profit, sales and average ...