The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.
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 ...
CarMax Inc ((KMX)) has held its Q3 earnings call. Read on for the main highlights of the call. CarMax Earnings Call Reveals Tough Market, Focus on Cost Cuts and Digital Push CarMax’s latest earnings ...
CarMax, one of America’s largest used car retailers, has exceeded market expectations with its latest earnings report, driven primarily by an uptick in retail vehicle sales. The company’s performance ...
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 ...
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...
CarMax Inc.’s stock took a dive toward a more than five-year low in early Thursday trading, after the used-car seller reported second-quarter profit, sales and used car prices that fell below Wall ...
Used-car dealer CarMax has opened its first Arkansas car lot in Rogers, also the home of competitor America's Car-Mart. CarMax's newly constructed 11,500-square-foot Rogers lot is at 6360 S. Dixieland ...
(iSeeCars) – So you want to sell your car. Whether it’s because you want a new car or because you no longer need a vehicle, you’re probably wondering where you should get rid of your wheels. One ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (iSeeCars) – So you want to sell your car.