CarMax Reports Third Quarter Fiscal Year 2025 Results
Dec 19, 2024 · Achieved over 50% earnings growth driven by gains across the business CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2024. Third Quarter Highlights: (1) Retail used unit sales increased 5.4% and comparable store used unit sales increased 4.3%; wholesale units increased 6.3%. Total gross profit of $677.6 million increased 10.6% driven by unit volumes and ...
CarMax sales rise for first time in two years as used car demand …
Dec 19, 2024 · (Reuters) -CarMax on Thursday posted its first quarterly sales increase in more than two years that also topped Street expectations, signaling a rebound in the used-car market and sending the...
CarMax Stock Surges as Lower Prices Boost Sales at Used Car Giant
Dec 19, 2024 · CarMax posted a 1.2% year-over-year gain in third-quarter revenue to $6.22 billion, and earnings per share (EPS) of $0.81. Both were above Visible Alpha estimates. Retail unit sales rose 5.4% to ...
CarMax (KMX) Stock Trades Up, Here Is Why - Yahoo Finance
Dec 19, 2024 · Shares of used automotive vehicle retailer Carmax (NYSE:KMX) jumped 8.8% in the pre-market session after the company reported impressive third-quarter earnings, which blew past analysts' revenue ...
CarMax, Inc. (KMX) Latest Stock News & Headlines - Yahoo …
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CarMax Media Center - Home
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CarMax Unveils Latest Trends in Used EV Shopping
Richmond, VA, April 22, 2024 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has released its latest findings on consumer trends in used electric vehicle (EV) shopping.
CarMax Reports Fourth Quarter and Fiscal Year 2024 Results
Apr 11, 2024 · CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 29, 2024. Fourth Quarter Highlights: Net revenues were $5.6 billion, down 1.7% compared with the prior year fourth quarter.
CarMax results hit by 'used-vehicle recession'; buyback paused
Dec 22, 2022 · Used-car retailer CarMax Inc said on Thursday it was pausing some hiring, halting share buybacks and cutting expenses after reporting an 86% drop in third-quarter profit as the industry struggles...
CarMax Drops on Profit Miss as Used-Car Monthly Payments Soar
Apr 11, 2024 · CarMax Inc. ’s shares fell the most in more than 18 months after reporting profits that missed Wall Street’s expectations as high monthly payments scare off would-be used-car buyers. Earnings per...