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CarMax Auto Finance income was $115.6 million, a decline of 14.4% from last year’s second quarter. An increase in the provision for loan losses outweighed growth in CAF’s average managed ...
In this video, Travis and Jose cover Carmax's (NYSE: KMX) business model, management quality, and financial standing g. Perfect for seasoned investors looking to glean new insights! All in under ...
Consumer complaints against car dealerships are usually investigated by the Attorney General's office in the state where the dealership is located. In states where the DMV licenses and regulates car dealerships, the DMV may have responsibility for initially handling consumer complaints and the state AG's office becomes involved only when there ...
The effects of those challenges were littered through the auto dealer's financial statements. CarMax stock managed to pop 10% as of Tuesday afternoon on a 24-cent earnings beat. But the red flags ...
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 October 2022, CarMax operates 238 locations. [3]
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The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...
Alphyn Capital Management, an investment management firm, released its third-quarter 2022 investor letter. The same can be downloaded here. In the third quarter, the fund returned -10.95% net ...