In the company’s third quarter, CarMax earned $0.81, which beat consensus by $0.20, as revenue rose by 1% to $6.2 billion.
Welcome to the third-quarter fiscal year 2025 CarMax earnings release conference call. [Operator instructions] Please be ...
Why it matters: A dramatic rise in odometer fraud is costing used car buyers an average of $4,000 per vehicle, with modern ...
CarMax Auto Finance’s originations declined in the third quarter as the lender looked to improve collections and credit ...
(Reuters) -CarMax on Thursday posted its first quarterly sales increase in more than two years that also topped Street ...
Carmax Auto Finance (CAF) income increased by 7.6% to $159.9 million, driven by growth in CAF’s net interest margin ...
Major U.S. indexes rallied at midday Thursday, rebounding from Wednesday's selloff as a report showed the U.S. economy ...
Odometer fraud is a growing problem that’s costing used car buyers a fortune. CARFAX now estimates there are 2.1 million cars ...
Used-car seller CarMax, in the midst of a turnaround attempt, smashed earnings estimates as revenue unexpectedly rose.
Other metrics key to CarMax's business improved as well. The company said retail sales of used vehicles increased 5.4% to 184,243 from a year earlier, a sign that demand is returning after a prolonged ...
CarMax reported better-than-expected third-quarter results as lower prices helped boost demand. Retail unit sales gained 5.4% ...
If you're a recent retiree, your next car could be the last vehicle you ever buy -- if you choose wisely. The coming model ...