as 12-18-2024 2:39pm EST
CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.
Upcoming Earnings Alert:
Get ready for potential market movements as CarMax Inc KMX prepares to release earnings report on 19 Dec 2024.
Founded: | 1993 | Country: | United States |
Employees: | N/A | City: | RICHMOND |
Market Cap: | 13.0B | IPO Year: | 1997 |
Target Price: | $80.75 | AVG Volume (30 days): | 2.1M |
Analyst Decision: | Buy | Number of Analysts: | 12 |
Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
EPS: | 2.65 | EPS Growth: | -6.84 |
52 Week Low/High: | $65.83 - $88.22 | Next Earning Date: | 12-19-2024 |
Revenue: | $27,679,067,000 | Revenue Growth: | -3.03% |
Revenue Growth (this year): | -7.02% | Revenue Growth (next year): | 3.86% |
KMX Breaking Stock News: Dive into KMX Ticker-Specific Updates for Smart Investing
StockStory
14 hours ago
MT Newswires
a day ago
MT Newswires
a day ago
StockStory
a day ago
Zacks
2 days ago
Zacks
2 days ago
Insider Monkey
3 days ago
Investor's Business Daily
5 days ago
The information presented on this page, "KMX CarMax Inc - Stocks Price | History | Analysis", including historical data, forecasts, news, insider information, and predictions, is provided for educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any securities. Decisions regarding investments should be made only after careful consideration and consultation with a qualified financial advisor. We do not endorse or guarantee the accuracy or reliability of the information provided, and we disclaim any liability for financial losses incurred as a result of decisions made based on the information presented.