KMX faces falling sales, rising marketing costs and heavy debt as competition intensifies, making investors consider exiting.
It's a similar story in terms of margins. With a gross profit margin of 11%, CarMax ranks second to last in the peer group.
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.
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CarMax reports weaker earnings as used car demand cools
CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as ...
CarMax plans lower margins and more marketing to recover sales after a 9% decline in used-vehicle sales and rising online ...
CarMax delivers used vehicle sales, auto finance, and reconditioning services, with structured auction operations and ...
Earnings beat estimates, but shrinking sales, CEO upheaval, and rising competition are putting investors on edge.
CarMax, Inc. is rated a Buy as shares rebounded 30% with current valuation at 14x forward earnings. Learn more about KMX stock here.
CarMax Inc. said it sold fewer used cars than expected last quarter, adding pressure on interim management to turn the beleaguered used-car retailer around.
Used automotive vehicle retailer Carmax (NYSE:KMX) reported Q4 CY2025 results beating Wall Street’s revenue expectations, but ...
CarMax reports $5.79 billion in third-quarter sales, exceeding expectations, while retail used unit sales drop 8% and wholesale units fall 6.2% year-over-year.
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