Historical kmx News Stories
CarMax Shares Fall 10.6% After Keith Barr Hire Now
CarMax (KMX) faced a sharp sell-off this week after a string of declines and the announcement that former IHG CEO Keith Barr will take the helm. The combined effects of weak used‑vehicle demand, heavy trading volume, and a strategic leadership shift create a pivotal inflection point for the S&P 500 retailer.
CarMax Slumps as Auto Sales Hit Three-Year Low Now
CarMax (KMX) saw a modest rebound early this week but remains far below its 52-week high as industry data show U.S. auto sales fell to a three-year low in January. Rising costs, expired EV incentives, tariffs and weather disruptions are creating near-term headwinds for used-car retailers.