CarMax remains a "Buy" as shares rebounded 30%, with a current valuation at ~14x forward earnings and further upside potential. Q3 results showed weak sales and margins, but CarMax Finance delivered ...
In recent months, CarMax has reported shrinking same-store sales, rising financial leverage, and the departure of CEO Bill ...
CarMax Inc (NYSE: KMX) breached its 52-week low on Thursday after the firm’s second-quarter results were hit by weaker retail sales and higher loan loss provisions, leading to earnings and revenue ...
The latest quarter disappointed, but unit margins held up, and management is moving to cut costs. Financing credit losses rose again, masking progress elsewhere and clouding near-term earnings. After ...