CarMax, Inc. News
CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.
see moreCarMax, Inc. Market News
1d
Starboard Pushes CarMax as JPMorgan Stays Cautious
- This week CarMax (KMX) drew activist attention from Starboard, which nominated two board candidates, while JPMorgan maintained an underweight rating citing margin and volume pressures. These developments raise governance-driven strategic change and near-term earnings risk for investors.
15d
CarMax KMX: Credit Strain Sparks Stock Volatility!
This week CarMax (KMX) saw renewed volatility as rising auto‑finance stress, higher loan provisions and leadership changes pressured the stock. Daily swings and below‑average volume underscore investor caution; delinquencies and competitor gains amplify downside risk.
22d
CarMax Rally, Dip After Keith Barr CEO Switch Now!
CarMax (KMX) saw sharp intraday swings after naming former IHG CEO Keith Barr as its new leader. Stock moved from a Feb. 12 pullback into an 8% surge on Feb. 18 before renewed weakness later in the week as investors weighed leadership change against persistent used-vehicle headwinds and higher rates.
29d
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.
10 Feb at 14:08
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.