CarMax faces declining sales due to lower demand for used vehicles, macroeconomic challenges, and easing supply issues in new car production. The company is investing in long-term growth drivers such ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...

Thanks to the presence of online car marketplaces, buying or selling used cars is not the hassle it used to be. Two platforms, namely CarMax and Carvana, stand out due to their ease of use and ...

CarMax crushed third-quarter earnings estimates early Thursday as the used-car retailer's revenue unexpectedly rose. CarMax stock jumped. Online auto sales rival Carvana tumbled. For the three months ...

Based on recent securitization pricing and continued deterioration in the credit markets (increased delinquency rates), the analyst sees potential for KMX's net interest margin to be squeezed beyond ...

Two-door cars are nowhere near as popular as they were decades ago, but there are still quite a few on sale in the United States. CarMax recently released sales data that shows its coupes account for ...