Wednesday’s firings are at least the third sizable round of job eliminations by the Fortune 500 firm since the summer of 2024 ...

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the ...

RICHMOND, Va. (WWBT) - CarMax has announced that nearly 230 employees were laid off by the company. The Home Office and ...

More than 230 CarMax employees were laid off on Wednesday, including 113 in the Richmond area, according to a CarMax ...

CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...

CarMax, Inc. (NYSE:KMX) shares are trading higher after the company reported third-quarter earnings results. Quarterly sales of $6.223 billion beat the street view of $6.042 billion. The company ...

In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, ...

CarMax investors received devastating news as the used car giant’s stock plummeted more than 24 percent following a dismal second-quarter earnings report that missed analyst expectations by a wide ...

KMX’s omnichannel model struggles with inventory, but CVNA’s digital focus attracts younger buyers. Used-car demand is selective, but CVNA’s retail-driven stock could fall if macro conditions worsen.

208,000 vehicles were purchased from consumers, down 12.1% 30,000 vehicles were purchased through dealers, down 8.6% SG&A increased 1.0% to $581.4 million, driven by increased advertising spend as we ...