The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.
A series of securities class action lawsuits has been filed against CarMax, alleging that past disclosures concealed operational headwinds, temporary demand pull-forward effects, and rising risks in ...
CarMax Auto Finance plans to scale its "no-impact-to-your-credit-score" pre-qualification feature — first tested in March — across the U.S. during the rest of the year, Jon Daniels, senior vice ...
With more potential buyers falling into the subprime credit tier, CarMax is looking to leverage its captive finance company more often to fund deals its third-party lenders might not be buying at ...
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CarMax, Inc. ("CarMax ...
Used-car retailer CarMax this year started showing consumers the level of financing they qualify for before they start their online car shopping. The new feature means shoppers using carmax.com and ...
CarMax, Inc. (NYSE:KMX) shares are trading higher after the company reported third-quarter earnings results. Quarterly sales of $6.223 billion beat the street view of $6.042 billion. The company ...
originations strengthen during Q1 of its 2013 fiscal year as results came out as a part of CarMax's overall financial report earlier this week. For the period that ended May 31, officials tabulated ...
CarMax (KMX), the largest used car retailer in the US, said its seeing a huge spike in electric vehicle interest from its customers. And when those customers do buy EVs, they are buying Teslas. In its ...
CarMax Inc (NYSE: KMX) breached its 52-week low on Thursday after the firm’s second-quarter results were hit by weaker retail sales and higher loan loss provisions, leading to earnings and revenue ...
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