CarMax Stock News

RICHMOND, VA, Oct. 20, 2026 (GLOBE NEWSWIRE) -- CarMax (NYSE: KMX) has been named as one of the 2026 Fortune Best Workplaces in Retail™ for the 12th consecutive year, ranking #6 in the large company category. This award underscores CarMax's commitment to creating a workplace where associates feel valued and supported, empowering them to grow, contribute, and do their best work.

Bank of America has upgraded CarMax Inc (NYSE:KMX), the US used-car retailer, to 'buy' from 'underperform' and raised its price target to $65 from $50 as improving price competitiveness drives market share gains. The bank expects enforcement of the Federal Trade Commission's (FTC) price-transparency rules, alongside CarMax's own pricing changes, to support sales growth beyond the initial regula...

CarMax Inc (NYSE:KMX) increased second-quarter diluted earnings per share 81.3% to $1.16 despite pricing actions that squeezed retail profit per vehicle. Revenue rose 19.5% to $7.9 billion in the quarter ended August 31, 2026, part of financial year 2027, while net earnings reached $165.3 million.

CarMax logged higher profit and sales in the latest quarter, as the used-care retailer sold more vehicles at higher prices.

CarMax stock rises after the used-car retailer posts better-than-expected quarterly earnings.

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) today announced two key leadership appointments to advance the company's new Shift into GEAR strategy for growth and strengthen its industry-leading customer experience. Elizabeth Dirgins has been named Executive Vice President, Chief Digital and Customer Officer, a newly created role that will further unify the end-to-end customer experi...

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2026. Second Quarter Highlights:(1) Total net revenues rose 19.5% to $7.9 billion. Combined retail and wholesale unit sales of 387,735, an increase of 14.7%. Retail used unit sales increased 13.8% and comparable store used unit sales increased 13.0%; gross profit per retail use...