CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...

CarMax price cuts 2026 mark a strategic shift as the retailer lowers margins, boosts marketing, and restructures leadership ...

CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...

Shares of CarMax plummeted after the company reported second-quarter earnings and sales well below analysts expectations and said it sold significantly fewer cars compared with the previous year. The ...

CarMax Inc. said it sold fewer used cars than expected last quarter, adding pressure on interim management to turn the beleaguered used car retailer around. Comparable used vehicle sales shrank 9% in ...

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Shares of CarMax (NYSE: KMX) fell a whopping 53% in 2025, according to data from S&P Global Market Intelligence. The national ...

Used-vehicle sales came to about 169,557 models as the average selling price increased to $26,383. However, the average price of a new vehicle hovers around $50,000. Former CEO Bill Nash stepped down ...

Automotive retailer CarMax Inc. said Tuesday that its fiscal third-quarter net income rose more than 10 percent as an uncertain economy continued to boost sales of previously owned vehicles. But ...