CarMax Inc Stock News

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.

CarMax Inc (NYSE: KMX) had a terrible third quarter as inflation and higher interest rates muted a meaningful increase in used cars demand.

An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation's largest retailer of used cars, with a network of 230 stores, posted its Q3

Yahoo Finance Live anchors discuss CarMax third-quarter earnings and the used car company's subsequent stock drop.

CarMax (KMX) delivered earnings and revenue surprises of -58.62% and 10.09%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

CarMax posted a 21% drop in total unit sales for the period while average selling prices increased.

The used car retailer said it faced challenges with vehicle affordability due to inflationary pressures, rising interest rates, and low consumer confidence.

Shares of CarMax Inc. KMX, +2.79% took an 11.9% dive in premarket trading Thursday, after the used vehicle seller reported fiscal third-quarter profit and sales that dropped well below expectations, a

Yahoo Finance's Dave Briggs discusses expectations for CarMax earnings out Thursday morning.

As CarMax, Inc (NYSE:KMX) gears up for its third-quarter earnings report, due out before the open on Thursday, Dec. 22, options players are taking note.

Traders anxiously wait for the earnings season to make quick gains from the stock price movement, both before and after the earnings announcement.

With so much pain that materialized in the market this year, it's possible that shares can still fall further because of tax-loss harvesting. What exactly am I talking about?

RICHMOND, Va.--( BUSINESS WIRE )--CarMax, Inc. (NYSE:KMX) will report its financial results for the third quarter ended November 30, 2022 before the market opens on December 22, 2022, and it will host

CNBC's Phil LeBeau joins 'The Exchange' to remark on trends towards a normalization in auto sale prices, the unveiling of Tesla's first electric semi truck and the status of automotive supply chains.