KMX - Why Used Vehicle Retailer CarMax's Shares Are Diving Today | Benzinga
Used vehicle retailer CarMax Inc (NYSE: KMX) reported a second-quarter FY24 revenue decline of 13.2% year-on-year to $7.07 billion, beating the analyst consensus estimate of $7.03 billion.
The company sold 342,662 units through combined retail and wholesale channels, a decrease of 9% year-over-year.
KMX said vehicle affordability challenges continued to impact Q2 unit sales performance, as ...