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

Barely two months after laying off 350 employees, including many locally, CarMax has just cut hundreds more jobs.

The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.

CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...

Shares of CarMax (NYSE: KMX) fell a whopping 53% in 2025, according to data from S&P Global Market Intelligence. The national ...

CarMax price cuts 2026 mark a strategic shift as the retailer lowers margins, boosts marketing, and restructures leadership ...

Richmond, VA, Aug. 23, 2024 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is excited to announce the launch of its latest and zaniest campaign yet: ...

CarMax Inc.'s net income fell 33 percent to $152.4 million in its fiscal first quarter ended May 31 when compared with the same time last year in part because the company recorded fewer vehicle sales.

CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...