CarMax Auto Finance’s delinquencies rose across its securitization trust in December, although improvement is expected in 2026 as consumers ...
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 ...
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 ...
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 ...
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, Inc. (KMX) Securities Class Action Litigation: The litigation is focused on the propriety of CarMax's disclosures about the strength of its business model and growth prospects. More ...
More than 230 CarMax employees were laid off on Wednesday, including 113 in the Richmond area, according to a CarMax ...
The Home Office and CarMax Auto Finance departments were the two affected by this.
KMX’s omnichannel model struggles with inventory, but CVNA’s digital focus attracts younger buyers. Used-car demand is selective, but CVNA’s retail-driven stock could fall if macro conditions worsen.
When it comes to used cars in the United States, CarMax Inc. (NYSE: KMX) stands out as the largest used car dealership. The auto/tires/trucks sector giant operates more than 245 physical dealerships ...
Member of the Board David McCreight Named Interim President and CEO; Chair of the Board, Tom Folliard, to be Interim Executive Chair of the Board Search for Permanent CEO Underway Provides Preliminary ...