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 ...
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, 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 ...
During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for ...
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CarMax lays off more than 200 employees
RICHMOND, Va. (WWBT) - CarMax has announced that nearly 230 employees were laid off by the company. The Home Office and ...
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 ...
CarMax touted robust Q1 2026 growth, failing to disclose that it was a temporary "pull-forward of customer demand" (customers buying early to avoid announced tariffs). Distortion of core retail demand ...
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