CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...

During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for ...

Used-car retailer boosted loan-loss provisions in its latest quarter CarMax Inc.'s stock reversed early losses to trade up 6% Thursday, after the used-car retailer's fiscal second-quarter sales topped ...

CarMax reported Q2 earnings of 85 cents per share, slightly missing estimates, while Auto Finance income fell 14.4% to $115.6 million. Quarterly sales reached $7.01 billion, driven by a 5.1% increase ...

Calculated as category gross profit divided by its respective units sold, except the other category, which is divided by total used units sold.

Richmond, Virginia-based CarMax, Inc. (KMX) is one of the largest retailers of used vehicles in the U.S. and one of the ...

CarMax (NYSE: KMX) is the largest used-car retailer in the United States. CarMax’s earnings report for the first quarter of the fiscal year 2025 was released, painting a picture of resilience despite ...

CarMax investors received devastating news as the used car giant’s stock plummeted more than 24 percent following a dismal second-quarter earnings report that missed analyst expectations by a wide ...

The latest announcement is out from CarMax ( (KMX) ).

CarMax is navigating multiple challenges. The company's CEO has announced his upcoming retirement on December 1st; management has provided bearish guidance indicating sales and profits will miss Wall ...

Mr. McCreight has more than 20 years of executive leadership experience at prominent retail brands in highly competitive and fast-paced markets. His leadership experience includes successful brand ...