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 ...

CarMax Inc. is laying off hundreds of customer experience center employees, about a month after the used-car retailer disappointed Wall Street with weak earnings. The Richmond, Virginia-based ...

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 ...

Two newcomers that will soon be spun off from a couple of industrial heavyweights are part of the latest wave of change at the S&P 500 index, index provider S&P Dow Jones Indices said late Monday.

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 CarMax no longer represents the large-cap space, S&P Dow Jones said.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 ...

RICHMOND, Va. (WWBT) - Besides being the home of the Richmond Flying Squirrels, CarMax Park will be home to numerous other events throughout the year. The Flying Squirrels on Wednesday announced 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 ...

Morgan Stanley slashes its price target on CarMax shares but sees upside despite competition from Carvana Morgan Stanley sees "investor capitulation" on display as CarMax and Carvana shares have ...

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 ...

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 ...