CarMax: The Recovery Can Continue (NYSE:KMX)

Core Viewpoint - CarMax, Inc. (KMX) shares have significantly underperformed over the past year, losing approximately 50% of their value due to weak sales driven by affordability pressures on lower-income consumers, which has also led to the departure of its CEO [1] Company Performance - The used car retailer has faced challenges with sales, particularly among lower-income consumers who are experiencing financial strain [1] Leadership Changes - The departure of the CEO is a notable event linked to the company's struggles, indicating potential issues in management or strategy [1]