UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended November 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-31420 CARMAX, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.) 12800 Tuckaho ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

CarMax, Inc. (KMX) , a leading used car retailer in the United States, has an extensive nationwide footprint and logistics network that offer it a competitive advantage. Also, strategic buyouts and collaborations are benefiting the company by enhancing digital capabilities and technology expertise and reinforcing its leadership in the used EV sales sector.Let’s see why you should consider including this Zacks Rank #2 (Buy) stock in your portfolio.Extensive Footprint & Strategic Buyout Aid KMXCarmax’s extens ...

CarMax, Inc. (NYSE: KMX ), the well-established used car retailer, reported its fiscal Q3 results on the 19 th of December. The report showed signs of improvement in the previously slowing industry, as gradually improving consumerI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers ...

CarMax TodayKMXCarMax$84.27 +0.04 (+0.05%) 52-Week Range$65.83▼$91.25P/E Ratio31.68Price Target$85.17Add to WatchlistCarMax NYSE: KMX has headwinds in 2204 but is navigating difficult times well, selling more cars than expected and sustaining a solid margin. The company isn’t thriving but is growing and building leverage for when economic headwinds ease. Between then and now, the company can execute its plans while buying back shares, and the buybacks are significant. Activity in Q3 topped $114 million and ...

Shares of CarMax (NYSE: KMX ) have been a moderate performer over the past year, gaining 10% as it has faced manageable credit losses but weakening used car prices. Shares reacted positively on Thursday to the company’s quarterlyOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’ ...

Today, we revisit CarMax, Inc. (NYSE: KMX ). We had suggested a buy sub-$70 a few months ago when the stock got nailed following Q4 earnings . In June, when the stock was in the low $70s,Missed those gains? Come get moreWin with our playbook to advance your savings and retirement timeline by embracing a blended trading and investing approach at our one-stop shop.We activated our HOLIDAY deal before prices rise January 1st. ACT NOW and you can lock in our best price in years. Join Seeking Alpha's premier ser ...

While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, company officials attributed this growth to strong execution across its business model, led by its omnichannel strategy.This strategy has become a key differentiator, according to CEO Bill Nash. CarMax uses advanced technology to improve car images, reviews and details, providing targeted content based on individual customer preferences. It also a ...

CarMax Inc. (KMX) reported third-quarter fiscal 2025 (ended Nov. 30, 2024) adjusted earnings per share of 81 cents, which beat the Zacks Consensus Estimate of 62 cents. The bottom line also rose from 52 cents per share recorded in the year-ago period. The auto retailer registered revenues of $6.22 billion in the quarter under review, which surpassed the Zacks Consensus Estimate of $5.99 billion. The top line also rose 1.2% year over year.Stay up-to-date with the quarterly releases: See Zacks Earnings Calend ...

CarMax, Inc. (NYSE:KMX) Q3 2025 Earnings Conference Call December 19, 2024 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President and Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Brian Nagel - Oppenheimer Sharon Zackfia - William Blair John Murphy - Bank of America Seth Basham - Wedbush Securities ...