CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...
CarMax had a disappointing second quarter, with revenue and earnings declines. Management pointed to cost-cutting and marketing efforts aimed at mitigating a challenging economic environment. The ...
CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...
Earnings Results CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives CarMax’s stock was having its worst day in three years as quarterly profit, sales and average ...
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Why CarMax Stock Crashed Today
Wall Street analysts forecast strong earnings growth for CarMax last quarter. Instead, profits fell 25%. CarMax stock looks cheap -- but profits must resume growing for it to be a bargain. 10 stocks ...
CarMax Inc. shares tumbled the most in three years after the company’s weaker-than-expected results showed deepening strain in the used-car market. The auto retailer pointed to fallout from President ...
Wall Street analysts forecast strong earnings growth for CarMax last quarter. Instead, profits fell 25%. CarMax stock looks cheap -- but profits must resume growing for it to be a bargain. Heading ...
CarMax (NYSE:KMX) slumped in early trading after falling short of consensus estimates with its second-quarter earnings report. The retailer saw revenue decline 6.0% to $6.59 billion during what it ...
Shares of CarMax Inc (NYSE:KMX) were last seen in a 22.2% hole, trading at $44.37 after missing fiscal second-quarter expectations, reporting earnings of $0.64 on revenue of $6.59 billion. The company ...
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