CarMax Inc.
Coverage of CarMax Inc. in the Nexus archive.
- The best used sedans for under $15,000, according to Edmunds
Edmunds recommends five used sedans under $15,000, highlighting their reliability, fuel efficiency, and modern features. The suggested models include the Honda Civic, Kia Forte, Mazda 3, and others, with specific model years and trim levels noted for value and availability.
- The best used sedans for under $15,000, according to Edmunds
Edmunds recommends five used sedans under $15,000, emphasizing reliability, fuel economy, and modern technology. Models include the Honda Civic, Kia Forte, Mazda 3, and others, each with high RepairPal reliability scores and availability at retailers like Carvana and CarMax.
- CarMax beat earnings estimates but is facing falling used-car margins as new CEO unveils growth strategy
CarMax exceeded earnings estimates but experienced a $230 decrease in gross profit per retail used vehicle compared to last year's record. CEO Keith Barr introduced a four-pillar growth strategy to boost units and earnings.
- CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
CarMax shares fell despite the company reporting earnings beats and the CEO outlining a turnaround plan. Concerns persist about the company's ability to grow and reduce costs amid challenging market conditions and margin pressure.
- Roundup: G7 summit / Retail sales rise / CarMax earnings
The 2026 G7 summit in France addressed AI regulation and strategic access to advanced U.S. systems. U.S. retail sales surged in May despite high gas prices, showing resilient consumer demand. CarMax's Q1 revenue exceeded expectations due to higher used-car prices, though profits declined.
- Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles
Edmunds recommends five used plug-in hybrid vehicles to help reduce gas costs, including the 2023-2024 Toyota Prius Prime, 2022-2025 Hyundai Tucson Plug-in Hybrid, and 2022-2025 Kia Sorento Plug-in Hybrid. These models offer electric driving ranges and fuel efficiency, with estimated prices between $29,000 and $30,000.
- CarMax: Fiscal Q1 Earnings Snapshot
CarMax Inc. reported fiscal first-quarter net income of $185.6 million, or $1.31 per share, exceeding analysts' expectations of 94 cents per share. The company also generated $8.01 billion in revenue, surpassing forecasts of $7.6 billion.