RICHMOND, Va., 30. Juni 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), der größte Gebrauchtwagenhändler der Nation, wurde von Points of Light als 2026-Ausgezeichneter der Civic 50® anerkannt, die die sozial engagiertesten Unternehmen in den Vereinigten Staaten anhand einer umfassenden jährlichen Umfrage würdigt. Die Civic 50-Ausgezeichneter werden für ihre Exzellenz in Mitarbeiterengagement...
CarMax stock fell in midday trading Wednesday as questions remain about the company's ability to grow and cut costs. The used vehicle retailer's new CEO, Keith Barr, told CNBC that he has a new plan to turn the company around, which will take years to execute.
CarMax revenues are up, and CEO Keith Barr said he is focused on improving the company's digital car shopping experience. The used car dealer reported quarterly earnings Wednesday (June 17) that showed net revenues of $8 billion, a 6.2% increase.
CarMax Inc (NYSE:KMX) shares fell more than 6% in early trade on Wednesday as investors looked past a better-than-expected first quarter earnings report and focused on margin pressure, credit risks and concerns about the company's profitability strategy. The used-vehicle retailer reported adjusted earnings per share of $1.31 for the quarter, well above analyst estimates of $0.95.
CarMax topped revenue estimates for the first quarter on Wednesday, helped by higher used-vehicle prices and stronger wholesale demand.
CarMax said its fiscal first-quarter profit was hurt by price cuts the company had implemented to help spur sales.
CarMax stock advances after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings.