CarMax Inc Stock News

Oppenheimer cut CarMax, Inc. (NYSE: KMX) price target from $100 to $75. . Oppenheimer analyst Brian Nagel maintained an Outperform rating on the stock. CarMax shares fell 1.3% to $56.47 in pre-mark

Companies In The News Are: MU, KMX, TSLA, AMC.

CarMax (KMX) now envisions fiscal 2023 capex to be around $450 million, lower than $500 million estimated earlier.

CarMax (KMX) now envisions fiscal 2023 capex to be around $450 million, lower than $500 million estimated earlier.

CarMax is the market leader in the highly fragmented used car industry, in a strong position to continue to gain market share. The company has averaged net income of roughly $680MM over the last 11 ye

U.S. markets witnessed another sell-off on Thursday, dampening hopes of a "Santa Claus" rally following the temporary rebound. Prominent market commentator Jim Cramer highlighted three reasons behi

U.S. markets witnessed another sell-off on Thursday, erasing all optimism surrounding a "Santa Claus" rally following a rebound in the previous session as investors and traders began considering th

U.S. stocks tumbled on Thursday, but ended well off session lows following a fleeting rally in the previous session.

KMX earnings call for the period ending September 30, 2022.

Shares of CarMax are down after the company announced it was pausing hiring, halting share buybacks, and cutting expenses following a major drop in profit in its third quarter.

Scott Nations, Nations Indexes president and CEO, joins 'Power Lunch' to discuss Nation's investing take on three stocks: CarMax, AMC and Kraft Heinz.

CarMax, Inc. (NYSE:KMX ) Q3 2023 Earnings Conference Call December 22, 2022 9:00 AM ET Corporate Participants David Lowenstein - Investor Relations Bill Nash - President and Chief Executive Officer En

Unlike some of its competitors, the used-auto retailer is chasing profitable sales instead of short-term market share gains.

CarMax Inc. said Thursday that it has decided to stop buying back its stock, as it will take a conservative approach to its finances until the used car market and the economic backdrop improves.

KMX stock dived Thursday after Q3 earnings deeply undercut analysts' target. Used car prices are falling.