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CarMax profit tanked 33% because used cars are still expensive
Quartz· 3 days agoCarMax reported a 33% decrease in first-quarter profit on Friday as the company sells fewer used...
Used car retailer CarMax posts 33% drop in first-quarter profit
Reuters via Yahoo Finance· 4 days agoPre-owned vehicle retailers have had a bumpy ride with profitability worsening over the last few...
Car-bidding marketplace The Lasso adds $5M
Axios· 9 hours agoLasso, a platform for dealerships to bid on cars, raised $5 million in additional seed funding last year, bringing its total to $9.9 million. Why it...
CarMax (KMX) Q1 Earnings Miss Estimates, Revenues Fall Y/Y
Zacks via Yahoo Finance· 4 days agoDuring the fiscal first quarter, CarMax repurchased shares worth $104 million. As of May 31, 2024,...
CarMax (NYSE:KMX) Reports Q2 In Line With Expectations
StockStory via Yahoo Finance· 4 days agoUsed automotive vehicle retailer Carmax (NYSE:KMX) reported results in line with analysts'...
CarMax planning an auction hub for dealers in New Kent County
Daily Press· 5 days agoCarMax is the latest business to announce it is setting up a facility in fast-growing New Kent...
Carmax Q1 earnings: 'AutoNation and Carvana are crushing them' | Invezz
Invezz· 3 days agoCarmax Inc (NYSE: KMX) is being crushed by the likes of AutoNation Inc and Carvana Co, says Landon...
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
PYMNTS.com· 3 days agoThe majority of consumers now seek out both digital and physical channels in their car buying...
CarMax Q1 FY25 Earnings: EPS Misses, Revenue Falls Short Amid Ec
Guru Focus· 4 days agoRevenue: $7,113.4 million, fell short of estimates of $7,245.34 million, reflecting a 7.5% year-over-year decline.GAAP EPS: $0.97, down from $1.44 in the prior
Group 1 Automotive says CDK cyberattack has disrupted some U.S. operations
Market Watch· 16 hours agoThe company’s dealerships in the U.K. are not affected as they don’t use CDK’s dealers’ systems, it...
