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U.S. equities brushed off Wednesday's selloff and went back to their winning ways at midday on Thursday after several companies reported better-than-expected results. The Dow, S&P 500, and Nasdaq all advanced.
Although the revenue and EPS for CarMax (KMX) give a sense of how its business performed in the quarter ended November 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Used-car retailer CarMax resumed stock repurchases after pausing for a year. Third-quarter earnings topped views, but sales came in light.
Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss Paychex, CarMax, and Carnival.
The “Halftime Report” Investment Committee share what they're watching in tomorrow's earnings calls.
Beyond analysts' top -and-bottom-line estimates for CarMax (KMX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2023.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the third quarter ended November 30, 2023 before the market opens on December 21, 2023, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed by dialing.
Amazon.com Inc (NASDAQ:AMZN) has greenlit car sellers to use the e-commerce site to directly sell to customers, launching via a partnership with Hyundai. The South Korean automaker will deliver a digital showroom on Amazon in 2024 through the new team-up.
Shares of online car sellers tumbled on Thursday after Amazon (AMZN) announced it will begin selling vehicles to U.S. customers starting in 2024.
Amazon.com Inc. AMZN, -0.27% announced Thursday that it will launch online vehicles sales in the U.S., starting in 2024 with sales of Hyundai Motor Co. 005380, +1.26% vehicles. That sent shares of auto retailers CarMax Inc. KMX, -5.86% and Carvana Co. CVNA, -6.79% diving in afternoon trading.