CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...

The used-car retailer reports another year-over-year drop in earnings and revenue.

Starboard Value has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming CEO Keith Barr. The activist investor ...

The move comes after Starboard urged the used-car retailer’s new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.

Amid forecasts of dismal third quarter earnings, Bill Nash is out as president and CEO at national used-vehicle retailer CarMax, even as its chief rival, Carvana, marked record quarterly results. Nash ...

CarMax achieved its success in part by recognizing that most consumers found used car buying experiences to be unpleasant and stressful. More than 20 years ago, the company developed its “The way car ...

CarMax saw a huge jump in sales, benefiting from a combination of rising momentum and the fact that used cars aren't subject to tariffs. CEO Bill Nash hailed the efforts the company has made to adopt ...

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 ...