CarMax Auto Finance’s delinquencies rose across its securitization trust in December, although improvement is expected in 2026 as consumers ...
CarMax operates a nationwide network of used vehicle retail stores, offering financing and ancillary services to U.S.
Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the ...
CarMax, Inc. (NYSE:KMX) shares are trading higher after the company reported third-quarter earnings results. Quarterly sales of $6.223 billion beat the street view of $6.042 billion. The company ...
Wednesday’s firings are at least the third sizable round of job eliminations by the Fortune 500 firm since the summer of 2024 ...
In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, ...
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 ...
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 ...
The Home Office and CarMax Auto Finance departments were the two affected by this.
KMX’s omnichannel model struggles with inventory, but CVNA’s digital focus attracts younger buyers. Used-car demand is selective, but CVNA’s retail-driven stock could fall if macro conditions worsen.
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 ...