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Stock Quote Today & Recent News CARMAX Inc KMX

CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue of $33 billion-$45 billion by fiscal 2026. CarMax is based in Richmond, Virginia.

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Stock Price Chart (NYSE:KMX)

Fundamentals Snapshot (NYSE:KMX)

Opinion & Analysis (NYSE:KMX)

No current opinion is available.

Bullboard Posts (NYSE:KMX)

CarMax Reports Record Third Quarter Results

CarMax Reports Record Third Quarter Results RICHMOND, Va.--(BUSINESS WIRE)--Dec. 20, 2012-- CarMax, Inc. (NYSE:KMX) today...
bc4u - December 23, 2012

CarMax Reports Quarterly Results

CarMax Reports Quarterly Results RICHMOND, Va.--(BUSINESS WIRE)--Sep. 20, 2012-- CarMax, Inc. (NYSE:KMX) today reported results for the...
bc4u - September 20, 2012

RE: Small profit margins

Its quite amazing they can operate fully at its current margins. I definitely do not see the end of their issues, with buyers confidence...
amy89 - June 21, 2008

RE: Small profit margins

It is quite evident that with increasing gas prices, consumers will be cutting back on the purchase of cars (speaking from experience...
investology - June 13, 2008

RE: Small profit margins

You guys hit the nail right on the head.  What is worrying is the fact that this margin has been dropping, from their fiscal 2007...
SurajKGupta - June 8, 2008

RE: Small profit margins

The article also mentions that KMX was only able to increase profit 1% of sales, which i agree is too small to have an impact on the...
vforvalue - June 7, 2008