Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

CarMax Inc.'s net income fell 33 percent to $152.4 million in its fiscal first quarter ended May 31 when compared with the same time last year in part because the company recorded fewer vehicle sales.

Used-vehicle retail giant CarMax Inc. said Thursday that cost cuts and a continued focus on margins in its fiscal third quarter aided profitability, though it noted ongoing vehicle affordability ...

CarMax saw a huge jump in sales, benefiting from a combination of rising momentum and the fact that used cars aren't subject to tariffs. CEO Bill Nash hailed the efforts the company has made to adopt ...

Richmond, VA, June 04, 2025 (GLOBE NEWSWIRE) -- CarMax, Inc (KMX). (NYSE: KMX), the nation’s largest retailer of used cars, today announced a series of strategic initiatives designed to enhance the ...

The nation's top seller of used vehicles has opened its Amherst store, with a local native returning home to run it. CarMax began selling vehicles Thursday at its location on Niagara Falls Boulevard, ...