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CarMax pops on strong Q1 results
CarMaxCarMax(US:KMX) CNBC Televisionยท2025-06-20 15:36

and CarMax this morning popping after strong results today. Although off of the best levels of the session, our Phil Labau joins us to talk more about the takeaways from that and whether or not Phil tariffs are feeding demand for used cars. Well, they're definitely feeding demand.Everybody in the industry knows that because you saw a surge especially in April and in May. That's some of the results that you see reflected by CarMax. They beat on the top and the bottom line, Carl.And when you read the analyst ...