CarMax Inc.'s net income fell 33 percent to $152.4 million in its fiscal first quarter ended May 31 when compared with the same time last year in part because the company recorded fewer vehicle sales.

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...

Tighter supply of used vehicles and intensified auto retail competition pose challenges for CarMax Inc. as it reports fiscal first-quarter earnings June 21, analysts covering the company said. The ...

CarMax is the first U.S. car retailer to launch an app in ChatGPT, providing customers a new fast and easy way to shop for their next vehicle. By bringing its nationwide inventory of more than 45,000 ...

Its prices are down, but still not enough to see sales of its used cars rise from last year’s level, CarMax Inc. reported.

The nation's top seller of used vehicles has opened its Amherst store, with a local native returning home to run it. CarMax began selling vehicles Thursday at its location on Niagara Falls Boulevard, ...

A new CEO is set to take over at used-car buyer and seller CarMax later this month. Activist investor Starboard Value has a few ideas for the company, which hopes to reverse a substantial share slide ...