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 KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more affordable ...
CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...
(Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more ...
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 ...
Earnings Results CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives CarMax’s stock was having its worst day in three years as quarterly profit, sales and average ...
Sept 25 (Reuters) - CarMax (KMX.N), opens new tab reported a drop in second-quarter profit on Thursday, as excess inventory build up, depreciation costs and fall in used-vehicle prices hammered its ...
Shares of CarMax plummeted after the company reported second-quarter earnings and sales well below analysts expectations and said it sold significantly fewer cars compared with the previous year. The ...
To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...
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 ...
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