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The move comes as industry experts say Trump's tariffs could steer budget-conscious shoppers toward the used-car market.
Shares of CarMax sank Thursday after the used-car dealer reported fiscal-fourth-quarter earnings that missed expectations and ...
Bill Nash, president and CEO of CarMax, was asked on Thursday’s earnings call for further explanation of why the timeline was ...
Richmond-based CarMax has decided to suspend the timelines for its previously announced long-term growth targets.
April 10 (Reuters) - CarMax (KMX.N), opens new tab is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to ...
President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P ...
CarMax, which sells used cars ... associated with them given the potential impact of broader macro factors.” One of those major factors is tariffs. Consumer sentiment from the University of ...
CarMax shares had held up relatively well in the face of tariffs, on the expectation that ... associated with them given the potential impact of broader macro factors." Meanwhile, the company's ...
CarMax is currently seeing a lot of interest in late-model used cars, Nash said. “I think the other thing to think about on the tariffs that impact our business as well as anybody that sells ...
Tariffs May Have Mixed Effects On Carmax, May Boost Used Car Demand Due To Pricier New Cars: Analyst
CarMax Inc (NYSE:KMX) posted a 5.1% rise in same-store used vehicle sales in Q4, signaling a rebound from prior softness. Despite macroeconomic uncertainty, the company reaffirmed its long-term goals ...
We think highly of CarMax's management and business model, so we consider macroeconomic variables such as tariff impact as the highest risk for the firm rather than company-specific risk factors.
As earnings season continues, uncertainty around tariffs is ... the potential impact of broader macro factors,” sent its stock price tumbling. At market close, CarMax shares were down about ...
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