CarMax Stock News

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...

This week will bring the September jobs report and data on personal consumption, manufacturing, and home prices. Carnival, Conagra, and Jefferies report earnings.

Paramount reached a settlement with state attorneys general from a dozen states, including California and New York, removing a major hurdle to its megamerger with Warner Bros. Discovery, my colleagues Jessica Toonkel and Paul Kiernan report.