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Why CarMax stock is rising: The evolution of the American car buying experience CarMax is on the rise as the company increases its inventory. Here's why it's winning in 2025.
CarMax (NYSE:KMX) stock surged nearly 6% during trading on Friday. These gains were driven by the company reporting better-than-expected Q1 results, with revenue rising around 6% year-over-year to ...
CarMax reported better-than-anticipated earnings as its retail vehicles sales increased.
CarMax, one of America’s largest used car retailers, has exceeded market expectations with its latest earnings report, driven primarily by an uptick in retail vehicle sales. The company’s ...
CarMax embraces AI for sales and efficiency, focusing on 'generative engine optimization' to boost search visibility and improve customer experience.
CarMax Park is on schedule to open in time for the Richmond Flying Squirrels to open the 2026 season.
Used-car retailer CarMax logged higher profit and sales in its latest quarter as tariff uncertainty sparked an uptick in demand for used cars.
CarMax also reported used-vehicle unit sales of 230,210, a 9% increase on the prior year's comparable quarter, and the fastest quarterly growth since the reporting period ending in November 2021.
NEW KENT — CarMax is holding in-person hiring event on Thursday as it seeks to fill 60 open positions at its new reconditioning and auction center in New Kent County.
Why it matters: We think the market has long been frustrated with CarMax's performance due to off-and-on comparable-store unit growth and used vehicle affordability pressures from the chip shortage.
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