The move comes as industry experts say Trump's tariffs could steer budget-conscious shoppers toward the used-car market.

We like this strategy; CarMax's scale allows it to price below ... the firm did borrow from the line to help buy expensive inventory and took on a $700 million term loan to support inventory ...

Investors should monitor CarMax's inventory management strategies and competitive positioning as it navigates market changes. Adjustments to wholesale profit margins, fueled by broader market ...

(Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more ...

CarMax posted significant growth in earnings in its latest quarterly results, yet missed market expectations on revenue and ...