While many signals suggest the pre-owned car market is strong, CarMax’s recent earnings call suggests something is amiss. A significant quarterly earnings miss for Q2 sent stock prices plummeting 25 ...

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 ...

Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows you to buy or sell a vehicle ...

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. 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 ...

If you are wondering whether CarMax shares still reflect the value of the underlying business, you are not alone, especially ...

CarMax is named one of TIME’s America’s Most Iconic Companies, honoring its no-haggle innovation and customer-first car ...