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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
CarMax's fiscal 2025 first-quarter earnings fell year over year, but the used car dealer's business is still more attractive than Carvana's.
Heading into CarMax, Inc (NYSE: KMX )'s fourth-quarter earnings report Wednesday, investors were likely expecting weak same-store unit comps — which the company delivered , along with an EPS miss.
Can Carmax thrive amid fierce competition and rising rates in today's volatile car market?
Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, it was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. [3]
DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.
CarMax Auto Finance income was $115.6 million, a decline of 14.4% from last year’s second quarter. ... CarMax, Inc. (NYSE:KMX) shares are currently trading higher after the company reported ...
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] Prospect Medical Holdings [7] RadioShack [2] Red ...