CarMax Stock News

If a rising tide can lift all boats, as the Wall Street saying goes, then the opposite must also be true.

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax NYSE: KMX, a long-standing leader known for its brick-and-mortar presence and established brand, and Carvana NYSE: CVNA, an online disruptor that has experienced dramatic recent volatility, exemplify thes...

President Donald Trump upended the U.S. car business by imposing “draconian” 25% tariffs on all cars imported to America and up to 25% tariffs on key auto parts.

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2025 before the market opens on April 10, 2025, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon...

LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Angel City Football Club (ACFC) today announced CarMax (NYSE: KMX), the nation's largest retailer of used cars, as a Founding Partner and its Official Used Auto Retailer. This partnership will focus on community impact, with a dedicated emphasis on supporting youth sports programs in the Los Angeles area, fan engagement activities, and special prom...

President Trump put a 30-day pause on levying 25% tariffs on Canada and Mexico but proceeded to levy an additional 10% tariff on Chinese imports. Trump has also acknowledged that he would be levying tariffs on European imports in time.

RICHMOND, VA, Feb. 06, 2025 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is hosting in-person hiring events for automotive technicians and service professionals in 12 cities across the country on Thursday, February 20 from 10:00 a.m. to 7:00 p.m. local time. CarMax will interview candidates for various positions, including technicians, detailers, pai...

Focus on companies with proven business models, strong management, and potential for long-term market share growth in large industries. M&T Bank, Ashtead Group, Installed Building Products, Fiserv, Ferguson, Kinsale Capital Group, Align Technologies, and Medpace Holdings are highlighted investments. Emphasis on conservative financial practices, market dominance, and strategic capital deployment...