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In its fiscal 2025 first quarter, CarMax reported earnings of $0.97 per share, down 34% year over year, though last year's figure benefited from a $0.28 per share one-time legal settlement. On an ...
CarMax stock managed to pop 10% as of Tuesday afternoon on a 24-cent earnings beat. But the red flags in the results and broader car market are hard to overlook. Combined retail and wholesale used ...
Last quarter's average per-car retail price fell 2.7% to $26,526, while its average wholesale per-car price fell 10.3% to $8,094. If this was the first time we'd seen such a headwind, it might be ...
CarMax officially split from Circuit City as of October 1, 2002, when it was spun off as a stock dividend for Circuit City shareholders, with shares also issued to those holding CarMax tracking stock. [11] CarMax sold over 750,000 vehicles to consumers in Fiscal Year 2021 (March 1, 2020–February 28, 2021). [2] According to the CarMax fiscal ...
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.
Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. [2] [3] After multiple purchases and a successful run on ...