CarMax Stock Rises on Strong Earnings and Demand
TL;DR Summary
CarMax shares surged to their best day in two years after reporting first-quarter profits that exceeded expectations, driven by the highest growth in used-vehicle sales since 2021, benefiting from tariffs on foreign cars that have increased demand for used vehicles.
- CarMax sees strong used-car demand in the wake of tariffs. The stock is climbing. MarketWatch
- Carmax Posts Higher Profit, Revenue WSJ
- CarMax Stock Climbs After Earnings Beat Barron's
- CarMax (KMX) Is About to Report Q1 Earnings Tomorrow. Here’s What to Expect TipRanks
- CarMax’s (NYSE:KMX) Q2 Earnings Results: Revenue In Line With Expectations, Stock Soars FinancialContent
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