CarMax Returns as Front-of-Jersey Sponsor for Richmond Ivy Soccer Club CarMax Returns as Front-of-Jersey Sponsor for Richmond Ivy Soccer Club CarMax Returns as Front-of-Jersey Sponsor for Richmond Ivy Soccer Club CarMax Returns as Front-of-Jersey Sponsor for Richmond Ivy Soccer Club RICHMOND, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Richmond Ivy Soccer Club is thrilled to unveil their kits for the 2025 season, with CarMax (NYSE: KMX), the nation’s largest retailer of used cars, returning as the front-o ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...

JERSEY CITY, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Gotham FC, the preeminent top-tier professional women's soccer club in the New York region, announced on Tuesday the multi-year extension of its marquee partnership with CarMax (NYSE:KMX), the nation's largest retailer of used cars. The renewed partnership continues the dynamic relationship between the two brands, deepening their shared commitment to community and the growth of women's sports.  As part of this renewed collaboration, CarMax will remain th ...

Core Insights - CarMax reports a steady increase in consumer interest for used electric vehicles (EVs) over the last three years, with a 40% drop in average used EV prices during the same period, indicating a shift towards EV adoption [3][8] - The percentage of searches for "electric vehicle" on carmax.com has nearly doubled from January 2022 to February 2025, with notable spikes in March 2022 and June 2024 [3][8] - The Tesla Model 3 and Model Y remain the most popular EVs, while the Ford F-150 Lightning and Rivian R1T have entered the top ten list for the first time [4][8] Consumer Trends - The most traded-in vehicles for EVs at CarMax are sedans and coupes, with Toyota being the top brand traded in, followed by Honda and Ford [5] - The Tesla Model 3 is the top traded-in model for an EV, with many owners transitioning to the larger Tesla Model Y [5] Regional Insights - Oregon has surpassed California as the state with the highest percentage of EV sales relative to total vehicle sales at CarMax, with California and Washington following [6][8] - New states such as Utah, New Mexico, Minnesota, and New Jersey have entered the top ten list for EV sales compared to total vehicle sales [6] Financial Performance - In the fiscal year ending February 28, 2025, CarMax sold approximately 790,000 used vehicles and 540,000 wholesale vehicles at auctions, with CarMax Auto Finance originating over $8 billion in receivables [9]

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether CarMax and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 10, 2025, CarMa ...

Core Viewpoint - CarMax's stock experienced a significant decline following weaker-than-expected earnings, but the current valuation may present a buying opportunity as the price-to-earnings (P/E) ratio has dropped to a one-year low [1]. Financial Performance - CarMax reported a substantial 81% increase in earnings per share (EPS) year-over-year, reaching $0.58, although this fell short of analyst expectations of $0.66 [3]. - Net revenue rose by 6.7% to $6 billion, with retail used unit sales increasing by 6.2% and comparable-store used unit sales up by 5.1% [4]. - The company achieved a record gross profit per retail used unit of $2,322, indicating improved per-vehicle metrics [5]. Market Position - In 2024, CarMax captured a 3.7% share of the nationwide market for used vehicles aged 0 to 10, operating in a highly fragmented market [5]. - Online retail sales accounted for 15% of retail unit sales, with online transactions generating approximately 29% of total revenue [6]. Industry Context - The impact of tariffs on new vehicles may drive consumers towards used cars, potentially benefiting CarMax as prices for new vehicles rise [8]. - Analysts have expressed confidence in CarMax despite the earnings miss, with some upgrading their ratings based on the company's sales momentum and profit growth [9].

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving CarMax and its officers or directors following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - CarMax reported fiscal fourth quarter GAAP earnings per share of $0.58, which missed analyst estimates by $0.08 [3]. - The company announced it would be removing previously assigned timeframes for long-term revenue, unit sales, and market share goals due to potential macroeconomic impacts [3]. - Following the announcement, CarMax's stock price fell by $13.61, or 17%, closing at $66.45 per share on April 10, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of CarMax investors regarding possible securities fraud or other unlawful practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information about the class action [2][6]. Firm Background - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [4].

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises CarMax, Inc. (“CarMax” or “the Company”) (NYSE: KMX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. CarMax investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. ...

LOS ANGELES, April 15, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or "the Company") (NYSE: KMX) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. CarMax released its Q4 and full year financial results on April 10, 2025. The Company mi ...

CarMax NYSE: KMX shares have been trending within a range for over two years and will likely remain within it in 2025. The opportunity for investors is that uncertainty in the outlook opens an entry into an otherwise good buy, driven by end-market normalization, accelerating growth, and rapidly improving operational quality.  CarMax TodayKMXCarMax$68.53 +2.08 (+3.13%) 52-Week Range$63.23▼$91.25P/E Ratio23.23Price Target$87.73Add to WatchlistThe guidance causes uncertainty, reiterating a long-term outlook f ...