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Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the second quarter of fiscal 2026, hurt by lower sales. Net sales and operating revenues decreased to $6.59 billion in the second quarter from $7.01 billion in the comparable quarter of FY25. During the quarter, retail used unit sales and … Read more
CarMax, Inc. (NYSE: KMX) reported disappointing results for the second quarter of FY26, triggering a stock selloff on Thursday following the announcement. Sales and profit declined YoY and missed Wall Street’s expectations mainly due to inventory depreciation and the impact of tariff-driven sales pull-forward in prior quarters. The used car retailer’s stock plunged as much … Read more
Used car retailer CarMax, Inc. (NYSE: KMX) on Friday reported an increase in sales and profit for the first quarter of fiscal 2026. The company has accelerated the pace of share buybacks. Net sales and operating revenues increased to $7.55 billion in the first quarter from $7.11 billion in the comparable quarter of FY25. During … Read more
CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased 78.8% to $89.9 million and earnings per share grew 81.3% to $0.58 compared to last year. During the quarter, retail used unit sales increased 6.2% … Read more
After reporting robust earnings growth for the third quarter, CarMax, Inc. (NYSE: KMX) is preparing to publish Q4 results next week. Over the years, the company has fostered customer loyalty through strategic pricing and by offering a flexible buying experience that seamlessly integrates online and in-store options. The Stock The used car dealer’s stock is … Read more
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