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Stocktwits on MSNCarMax Well Positioned For Growth, Says Wedbush: Retail Sentiment ImprovesCarMax (KMX.N) is well-positioned to capture greater market share in the used car sector, supported by its omnichannel ...
CarMax’s stock having worst day since 2022 after profit misses expectations, long-term goals were put on hold given economic ...
CarMax hit a speed bump the day of its fourth-quarter earnings conference call, as it shed 17% of its value in one trading ...
Carmax fourth-quarter profit rose as used-car prices inched up. The used-car retailer posted a profit of $89.9 million, or 58 cents a share, in the three months ended in February, compared with $50.3 ...
JPMorgan lowered the firm’s price target on CarMax (KMX) to $65 from $72 and keeps an Underweight rating on the shares. The implementation of 25% tariffs on all imported automobiles, in addition to ...
President Trump's 25% auto tariffs could indirectly benefit CarMax by increasing used car prices, though this may not boost long-term profitability. Higher used car prices may provide a one-time ...
Tariffs May Have Mixed Effects On Carmax, May Boost Used Car Demand Due To Pricier New Cars: Analyst
CarMax Inc (NYSE:KMX) posted a 5.1% rise in same-store used vehicle sales in Q4, signaling a rebound from prior softness. Despite macroeconomic uncertainty, the company reaffirmed its long-term goals ...
He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment. CarMax ( NYSE:KMX ) Full Year ...
CarMax shares fell sharply Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in ...
Stephens analyst Jeff Lick increased the price target for CarMax stock from $86 to $90, indicating nearly 20% upside potential. KMX stock gained more than 1% on Wednesday but is down 8% so far ...
After a rough 2022, 2023 was a pleasant event, with all the indices posting gains and seven out of 11 S&P 500 (SPX) sectors posting nice to extraordinary gains. At the end of 2022, about 50% of ...
There was a bright side, however, as CarMax said the growth in the number of vehicles sold was at highest rate in more than three years, and the average price for a car rose, to snap an eight ...
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