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The Latest Breaking News from Carmax

Sudden depreciation in used car values hits CarMax hard

Used car values depreciated rapidly this summer as competitors were "aggressive" on pricing, CarMax CEO Bill Nash warned Thursday.

Axios

CarMax Stock Hits 52-Week Low After Q2 Earnings - Here's Why

CarMax Inc (NYSE: KMX) breached its 52-week low on Thursday after the firm’s second-quarter results were hit by weaker retail sales and higher loan loss provisions, leading to earnings and revenue misses.

Benzinga

Stocks Slip Before the Open With Focus on U.S. Economic Data and Fed Speak

December S&P 500 E-Mini futures (ESZ25) are down -0.06%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.12% this morning as investors await a fresh batch of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from bulk retailer Costco.

Barchart

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What to Expect From CarMax's Next Quarterly Earnings Report

CarMax is scheduled to report its second-quarter results tomorrow, and analysts expect a double-digit earnings growth.

Barchart

CarMax Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

CarMax, Inc. (NYSE:KMX) will release earnings results for the second quarter, before the opening bell on Thursday, Sept. 25.

Benzinga

How Is CarMax's Stock Performance Compared to Other Cyclical Stocks?

CarMax has continued to underperform other cyclical stocks over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Jacksonville Man Sells 2021 Toyota Corolla on CarMax. Then He Gets In-Person Offer $2,000 Lower Than Online Offer He Accepted

What started as a routine trip to CarMax in Jacksonville, Florida to sell a used car turned into what one customer described as a frustrating, drawn-out ordeal.

Motor1

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Are Wall Street Analysts Predicting CarMax Stock Will Climb or Sink?

Although CarMax has underperformed the broader market considerably over the past year, Wall Street analysts maintain a moderately optimistic outlook for the stock’s prospects.

Barchart

CarMax, Uber, IBM And A Real Estate Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Gilman Hill Asset Management CEO Jenny Van Leeuwen Harrington said CarMax, Inc. (NYSE:KMX) trades at 14 times earnings.

Benzinga

6 Car Brands With Hidden Recall Histories Not Disclosed at Sale

When you are buying a car, it is incredibly important to do your research. That should go beyond the price and fuel economy. You need to look into any recalls on the vehicle, too. It might come as a surprise to you that not all dealerships or sellers will tell…

Clever Dude

What to Expect From CarMax's Q2 2026 Earnings Report

CarMax is scheduled to release its fiscal second-quarter earnings in late September, and analysts project a double-digit profit growth.

Barchart

Surprise EV Tax Credit Deadline May Hit Buyers Harder Than Expected

If the Big Beautiful Bill passes, the EV tax credit would end on Sept. 30. Start making plans now to figure out your next new or used electric vehicle purchase.

InsideEVs

Car Dealers Have Been No Friend To EVs. Here's Where They Stand On The Tax Credit

We also discuss the departure of a senior Tesla executive and close aide to Elon Musk, plus Rivian’s latest layoffs.

InsideEVs

CarMax Stock: Is KMX Underperforming the Consumer Cyclical Sector?

Although CarMax has underperformed compared to the consumer cyclical sector over the past year, analysts are moderately optimistic about its prospects.

Barchart

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Benzinga

These Analysts Increase Their Forecasts On CarMax After Upbeat Q1 Results

CarMax, Inc. (NYSE:KMX) reported better-than-expected first-quarter financial results on Friday.

Fortune

General Motors withdraws guidance due to ‘massive tariff uncertainty,’ analyst says

GM joins a growing list of companies forgoing quarterly profit forecasts.

MarketBeat

CarMax Pulls Guidance: Shares Falling To Buyable Levels

Carmax had a solid Q4, but clouds have entered the picture. However, cash flow is improved, and tariffs may enhance the demand for used cars.

Fortune

CarMax pulls financial targets timeline amid whipsaw tariff concerns

The company remains focused on growing sales and the bottom line, says CFO Enrique Mayor-Mora.

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Kiplinger

Stock Market Today: Uncertainty Proliferates: Dow Loses 1,014 Points

Weaker-than-expected consumer inflation data wasn't enough to stabilize sentiment during another volatile day for financial markets.

Fortune

CarMax is the latest company to nix long-term growth targets on earnings call: 'Why put a target out there?'

The company points to the "potential impact of broader macro factors."

Sports Illustrated

Kevin Harlan Had an ‘Anchorman’ Moment During Ad Read on Celtics-Knicks Broadcast

Kevin Harlan introduced America to CarMax’s new chicken tenders during Knicks-Celtics game.

Barchart

Here's What to Expect From CarMax’s Next Earnings Report

CarMax is scheduled to release its fourth-quarter earnings this month, with analysts anticipating a strong triple-digit surge in its bottom line.

Barchart

Is CarMax Stock Underperforming the Dow?

Despite CarMax’s recent underperformance relative to the Dow, analysts remain moderately optimistic about the stock’s prospects.

MarketBeat

CarMax and Carvana: Steering the Used Car Market

Carvana's strategies are gaining traction and disrupting the used car market, while CarMax's established model helps maintain its competitive position.

Latin Times

Shocking Video Shows SUV Ramming Into Car Dealership, Destroying Showroom Floor and Injuring 8

A customer dispute at Carmax in California led to a horrifying scene when the patron decided to drive their vehicle through the showroom, injuring 8 people, including two critically.

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