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CarMax: A Market Melt-Up Waiting to Happen for this Stock
KMXCarMax(KMX) MarketBeat·2024-06-21 14:27

CarMax Today CarMax +1.45 (+2.03%) ▼ P/E Ratio 24.03 Add to Watchlist Get CarMax alerts: CarMax struggled in Q1, with volume and pricing impacting the top and bottom lines. However, the company's $7.11 billion in revenue outpaced the consensus reported by MarketBeat despite the 7.5% decline. The critical details are that the revenue was slightly better than expected and aided performance on the bottom line. Regarding units sold, total units fell by 5.3%, while used same-store comparable sales fell by 3.8% a ...