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Industry experts spend immeasurable hours making predictions about shopping trends, yet it’s actual consumer transactions ...
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” first quarter ...
In today’s competitive used car market, finding great deals can feel like searching for a needle in a haystack. Yet Carvana ...
Carvana's streamlined operations, scalable platform and distinctive business model position it well for more upside.
We think CarMax has the liquidity to fight the pandemic and supply chain issues and also fund store expansion. We think there is an ample real estate base to do sale-leasebacks or borrow against if ...
The stock price of CarMax, the largest retailer of used cars in the U.S., is free-falling after releasing its latest earnings ...
Richmond-based CarMax made news on Thursday, not the good kind, reporting to investors that it had decided to suspend the timelines for its previously announced long-term growth targets ...
The drops came just as Goldman Sachs (GS) cut its 2025 forecast for U.S. auto sales by nearly a million units, citing softening demand and the rising cost burden from President Donald Trump’s proposed ...
Shares of used-car retailer CarMax were plunging 19.9% in recent ... That selloff weighed on shares of other in the used-car business, with Carvana's down 11.8% and AutoNation's down 7.7%.
CarMax reported earnings of 58 cents a share for the quarter ended Feb. 28, below the 66 cents analysts anticipated, according to FactSet. Net revenue increased 6.7% from a year a ...
There was a bright side, however, as CarMax said the growth in the number of vehicles sold was at highest rate in more than three years, and the average price for a car rose, to snap an eight ...
Carvana is hardly a small business. In fact, it’s a Fortune 500 company that had revenues of almost $14 billion last year selling used vehicles online and via its unique “car vending machines.” But it ...