CarMax Inc.'s net income fell 33 percent to $152.4 million in its fiscal first quarter ended May 31 when compared with the same time last year in part because the company recorded fewer vehicle sales.

CarMax crushed third-quarter earnings estimates early Thursday as the used-car retailer's revenue unexpectedly rose. CarMax stock jumped. Online auto sales rival Carvana tumbled. For the three months ...

Tighter supply of used vehicles and intensified auto retail competition pose challenges for CarMax Inc. as it reports fiscal first-quarter earnings June 21, analysts covering the company said. The ...

Used-vehicle sales came to about 169,557 models as the average selling price increased to $26,383. However, the average price of a new vehicle hovers around $50,000. Former CEO Bill Nash stepped down ...

CarMax, the nation’s largest retailer of used cars, has reeled in the No. 1 spot for the eighth consecutive year as the Top ...

CarMax also received an increase on its credit limit in summer 2008, despite the terrible auto sales climate. CarMax's $1.45 billion credit line expires in June 2024. At the end of fiscal 2021, all of ...