14-day Premium Trial Subscription Try For FreeTry Free
A hidden gem in the Mid-Atlantic region has plenty to brag about, if it could only muster an bit of braggadocio.
CarMax Inc. NYSE: KMX is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling experience for customers. CarMax built its reputatio
A sizable debt burden and a lack of profits introduce financial risk for this business. This company will struggle to post consistent growth in a higher rate environment.

Why CarMax Stock Dropped 11.7% This Week

11:26am, Friday, 12'th Apr 2024
Carmax announced lower-than-expected revenue and earnings in its latest quarter. High interest rates have put pressure on consumers, causing them to delay vehicle purchases.
CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars.
David Trainer, New Constructs CEO, joins 'Power Lunch' to give Trainer's investing take on three stocks: CarMax, Constellation Brands, and Zions Bancorp.

Why CarMax Stock Was Pumping the Brakes Today

03:35pm, Thursday, 11'th Apr 2024
CarMax missed analyst estimates on the top and bottom lines. The company is delaying its goal of selling 2 million cars annually.
CarMax (KMX) shares plunged Thursday after the biggest U.S. used-car retailer posted weaker-than-expected quarterly results amid slowing demand.
CarMax, Inc. NYSE: KMX shares are down a solid 10% following a weak Q4 earrings report and a revision in the long-term guidance. The company didn't lower its sales targets.
Used cars are getting harder to obtain just as new cars get more affordable.
CarMax (KMX) lags fiscal fourth-quarter earnings estimates on lower-than-expected sales across all segments.

CarMax Stock Crashes After 4th-Quarter Miss

10:40am, Thursday, 11'th Apr 2024
The shares of CarMax Inc (NYSE:KMX) are plummeting today, after the used car retailer's disappointing fourth-quarter results.
While the top- and bottom-line numbers for CarMax (KMX) give a sense of how the business performed in the quarter ended February 2024, it could be worth looking at how some of its key metrics compare

CarMax shares reverse on earnings miss

09:17am, Thursday, 11'th Apr 2024
CarMax Inc (NYSE:KMX) fell almost 9% in pre-market trading as the vehicle retailer missed fourth-quarter expectations and cautioned on the current trading environment. Revenue fell 1.7% to US$5.6 bill
CarMax Inc down close to 10% after reporting its earnings for the fourth quarter may be an opportunity to buy, says a Wedbush Securities analyst. $KMX down as Q4 results miss Street estimates The used
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE