S&P Dow Jones Indices recently announced that CarMax has been removed from the S&P 500 following Honeywell's spinoff of Solstice Advance Materials, and is now part of the S&P 600 index. This index ...
GOOCHLAND, Va. (WWBT) - CarMax, which is headquartered in Goochland County, says about 350 positions across the country were eliminated this week. The company says the cuts come after a “comprehensive ...
RICHMOND, Va. — CarMax announced this week it would eliminate approximately 350 Customer Experience Center (CEC) jobs nationwide. The Goochland-based used car company said about two dozen people ...
A CarMax store in Colma, Calif. CarMax no longer represents the large-cap space, S&P Dow Jones said. Two newcomers that will soon be spun off from a couple of industrial heavyweights are part of the ...
CarMax had a disappointing second quarter, with revenue and earnings declines. Management pointed to cost-cutting and marketing efforts aimed at mitigating a challenging economic environment. The ...
RICHMOND, Va. — CarMax Park is one step closer to completion: sod was laid down this week for the new home of the Flying Squirrels. Charlotte company Carolina Green put down just over 100,000 square ...
CarMax (NYSE:KMX) shares have dropped by 23% during the past five trading days, reaching approximately $44 per share. Furthermore, the stock is now down over 40% year-to-date. At these prices, it ...
Earnings Results CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives CarMax’s stock was having its worst day in three years as quarterly profit, sales and average ...
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CarMax Stock Just Tanked. Time to Buy?
The latest quarter disappointed, but unit margins held up, and management is moving to cut costs. Financing credit losses rose again, masking progress elsewhere and clouding near-term earnings. After ...
CarMax Inc (NYSE: KMX) posted weaker-than-expected second-quarter results on Thursday. The used-car retail giant reported second-quarter earnings per share of 64 cents, missing the analyst consensus ...
While CarMax Inc.’s earnings results — and subsequent 20% rout — dashed Wall Street’s expectations, the stark miss has been a $171 million boon to short-sellers. The shortfalls were across the board ...
CarMax shares plunged 20% after weak Q2 results, now down nearly 40% year-over-year, reflecting ongoing affordability and credit challenges. KMX missed earnings expectations, saw revenue fall 6%, and ...
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