CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
CarMax (KMX) is expanding, partnering with Angel City FC, and tackling technician shortages amidst trade war concerns. KMX stock shows positive momentum.
Comprehensive analysis of CarMax (KMX): expansion plans, financial performance, competitive landscape, and macroeconomic risks. Explore the future outlook for the used car giant.
CarMax (KMX) is strategically expanding, hiring technicians, and engaging in community partnerships amidst a dynamic used car market. Key developments and financial insights analyzed.
CarMax (KMX) is expanding, engaging with communities, and tackling technician shortages amidst market shifts. Financials show growth, but trade war risks loom.
CarMax (KMX) navigates evolving market with strategic expansions, hiring, and community engagement. Read on for a comprehensive analysis of their market position and strategy.