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CarMax reported earnings of 58 cents a share for the quarter ended Feb. 28, below the 66 cents analysts anticipated, according to FactSet. Net revenue increased 6.7% from a year a ...
In our view, CarMax's size and large store base give it an advantage over smaller competitors. A small used-car lot operation or one- or two-store franchise dealers cannot cost-effectively move ...
Industry experts spend immeasurable hours making predictions about shopping trends, yet it’s actual consumer transactions ...
CarMax hit a speed bump the day of its fourth-quarter earnings conference call, as it shed 17% of its value in one trading day. In fact, the results might have brought the stock back into buyable ...
Industry experts say the tariffs could steer budget-conscious shoppers toward the used-car market. Need a break? Play the USA TODAY Daily Crossword Puzzle. In December, Carmax also boosted its ...
CarMax shares fell sharply Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in ...
Tariffs May Have Mixed Effects On Carmax, May Boost Used Car Demand Due To Pricier New Cars: Analyst
CarMax's Q4 same-store sales rose 5.1% year ... As a result, tariffs may boost used car demand due to pricier new cars, but they could also potentially price out some consumers.
If implemented, tariffs could be a mixed bag for Carmax, analysts say. Both new and used vehicle prices are set to rise due to increased costs for automakers. That could motivate some car shoppers ...
Meanwhile, the company's latest quarterly results opened a window into what the new tariff paradigm could mean for the used-car market. For the quarter to Feb. 28, CarMax said the average selling ...
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