CarMax Inc. (KMX)
CarMax Stock Sinks as Q4 Profit Falls Short, Growth-Target Timelines Suspended
CarMax (KMX) shares dropped in premarket trading Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in below analysts' expectations.
CarMax Gears Up to Report Q4 Earnings: Here's What to Expect
The Zacks Consensus Estimate for KMX's fiscal fourth-quarter earnings and revenues is pegged at 64 cents per share and $5.97 billion, respectively.
CarMax Stock Gearing Up for Quarterly Results
Used car retailer CarMax Inc (NYSE:KMX) will report fourth-quarter results before the open on Thursday, April 10.
CarMax (KMX) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Get a deeper insight into the potential performance of CarMax (KMX) for the quarter ended February 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
More Tariffs Fallout, Delta, Wells Fargo, CarMax, and More to Watch This Week
Big banks report earnings this week, along with Cal-Maine and Levi Strauss. The consumer price index data will be the economic highlight of the week.
CarMax and Carvana: Steering the Used Car Market
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 these contrasting trajectories.
Fast-paced Momentum Stock CarMax (KMX) Is Still Trading at a Bargain
CarMax (KMX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
CarMax Plans Nearly 5-Acre Expansion Along Madison Avenue In Murrieta
MURRIETA, CA — CarMax Inc. in Murrieta is set to grow. The giant national used vehicle retailer plans to expand its site at 25560 Madison Avenue by nearly 5 acres. During the Jan. 22 Murrieta Planning Commission meeting, the commissioners gave a unanimous green light to the proposal. The existing 46-acre CarMax site is situated between Interstate 15 and Madison Avenue. Three vacant land parcels, totaling 4.62 acres, along Madison Avenue, are where CarMax plans to build out. According to company representatives, the new construction area will mainly house vehicle inventory. In 2015, the initial CarMax project was approved under the state's required environmental review process. As such, the city did not require additional environmental review for the new expansion. The entire area is zoned for commercial use. Murrieta Tire and Auto plans to open a new 4,995-square-foot shop next to the expansion area. Read more here. According to CarMax, the expansion is "designed to increase operational efficiency, improve traffic flow, and optimize customer and employee parking for the existing location." Construction will not alter CarMax's existing operations, according to the company. The city requires extensive landscaping and walls measuring up to 7 feet 6 inches in height around the expansion area. A CarMax spokesperson said the expansion is expected to begin as soon as possible and could wrap up by year's end. There were no public comments for or against the expansion proposal. Last month, Richmond, Va.-headquartered CarMax reported its third quarter fiscal year 2025 results. Combined retail and wholesale used vehicle unit sales were 320,256, an increase of 5.8% from 2023's third quarter. Total retail used vehicle unit sales increased 5.4% to 184,243 compared to the prior year’s third quarter. CarMax's stock closed Monday at 84.53, up $1.80 or 2.18%.
CarMax is Firing on All Pistons as Growth Returns
When it comes to used cars in the United States, CarMax Inc. NYSE: KMX stands out as the largest used car dealership. The auto/tires/trucks sector giant operates more than 245 physical dealerships in the country, and it popularized the concept of a “no-haggle” pricing policy for buying used cars.
Why Fast-paced Mover CarMax (KMX) Is a Great Choice for Value Investors
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, CarMax (KMX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Here's Why You Should Add CarMax Stock to Your Portfolio Now
KMX's extensive nationwide footprint and logistics network, strategic buyouts and collaborations, as well as omnichannel initiatives, enhance its prospects.
CarMax: Q3, Earnings Momentum Is Starting To Return
CarMax's fiscal Q3 showed good unit sales trends and resilient gross profit, already pushing great earnings momentum in the previously slow industry. Unit sales trends are also seen to have improved throughout December, but some uncertainty regarding interest rates and used car prices remain. I again estimate KMX stock to be valued with a fair margin of safety at a fair value of $92.
