CarMax had a disappointing second quarter, with revenue and earnings declines. Management pointed to cost-cutting and marketing efforts aimed at mitigating a challenging economic environment. The ...
CarMax (NYSE:KMX) shares have dropped by 23% during the past five trading days, reaching approximately $44 per share. Furthermore, the stock is now down over 40% year-to-date. At these prices, it ...
Earnings Results CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives CarMax’s stock was having its worst day in three years as quarterly profit, sales and average ...
CarMax Inc.’s stock took a dive toward a more than five-year low in early Thursday trading, after the used-car seller reported second-quarter profit, sales and used car prices that fell below Wall ...
CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Carmax (NYSE:KMX) stock plunged to a 52-week low last ...
CarMax , the biggest seller of used cars, wrapped up a tough week Friday with its shares down 23% over the past five sessions. Most of the decline came Thursday, when the company said its sales and ...
Morgan Stanley slashes its price target on CarMax shares but sees upside despite competition from Carvana Morgan Stanley sees "investor capitulation" on display as CarMax and Carvana shares have ...
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