Revenue segments as reported by the company.

Used vehicle sales

Wholesale vehicle sales

Other sales and revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Finance Income

Selling, general, and administrative expenses

Depreciation and amortization

Interest expense

Other (income) expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

CarMax

CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment pertains to its finance operation, which offers vehicle financing services to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in 1993 and is headquartered in Richmond, VA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

CarMax Q1 2023: Sales Decline, Focus on Efficiency and Market Share

CarMax faces challenges in declining sales and customer conversion due to higher prices and affordability issues. However, the company is focused on leveraging expenses, delivering a customer-centric experience, and gaining market share. Despite the current environment, CarMax believes it is well positioned to emerge stronger and is investing in long-term capabilities.

CarMax (KMX) Q2 2023 Earnings: Sequential Improvement Amid Challenges

CarMax (KMX) reported a decline in total sales but demonstrated strengths in retail and wholesale GPU, customer-centric initiatives, and high self-sufficiency in sourcing inventory. The company faced challenges related to steep depreciation, limited vehicle availability, and pressure on compensation expenses. However, opportunities exist in increasing self-sufficiency, navigating supply challenges, and stabilizing depreciation.

CarMax (KMX) reports sequential improvements driven by omnichannel investments

CarMax (KMX) reports sequential year-over-year improvements in key business components, driven by omnichannel investments. While facing challenges related to inflationary pressures and bonus accruals, the company is focused on leveraging opportunities to improve efficiency and capitalize on increased customer traffic and market share growth.

CarMax adapts to industry challenges, eyes growth opportunities ahead

CarMax navigated challenges in the used auto industry by focusing on cost reductions, maintaining profitability, and adjusting strategies to market conditions.
Despite a decline in sales and earnings, the company remains committed to gaining profitable market share and enhancing operational efficiencies.
Opportunities lie in structural growth segments and market share expansion, while challenges persist in financial performance amid industry headwinds.

CarMax reports Q1 sales decline, focuses on affordability and growth

CarMax's Q1 performance reflected declines in sales and income, offset by improvements in service and cost efficiencies.
Despite challenges in CAF income and market dynamics, the company maintained strong credit approval rates and affordability focus.
Opportunities for growth include expanding used EV sales, optimizing merchandise mix, and leveraging AI technology for market share.
Overall, CarMax's strategic initiatives position it well to navigate challenges and capitalize on emerging opportunities in the automotive market.

CarMax reports resilient Q2 performance amidst challenges and growth opportunities

CarMax's Q2 performance showed resilience with sequential improvements in key metrics, reflecting operational strength and adaptability in a challenging environment.
While facing challenges such as decreased CAF income and affordability issues, CarMax's focus on efficiency, value maximization, and prudent risk management positions it well for future growth.
Opportunities lie in further enhancing inventory sourcing self-sufficiency, optimizing advertising strategies, and leveraging stabilized trends for sustained profitability and success.

CarMax reports Q3 growth amidst market challenges and expansion plans

CarMax's Q3 performance showcased improvements in key metrics, with a focus on efficiency and customer engagement through omnichannel investments.
While facing market challenges and fluctuating trends, the company remains agile in managing staffing levels and costs to drive profitability.
Opportunities lie in enhancing sales efficiency, expanding to new locations, and strategic advertising efforts to navigate market dynamics and drive growth.

CarMax reports solid Q4 performance amidst market challenges and opportunities

CarMax's Q4 performance showcased growth in used unit sales and operational improvements, despite challenges in net earnings and market dynamics.
The company's strengths in affordability focus, consumer demand alignment, and strategic tools position it for continued growth.
Challenges in lending standards, market share dynamics, and consumer sentiment require strategic responses for sustained success.
Opportunities in affordability enhancements, operational efficiency, and market expansion present avenues for future growth and performance optimization.

CarMax Q1 2025 Earnings: Sales Decline, Strategic Growth

CarMax's Q1 2025 earnings reflected a challenging quarter with declines in sales and earnings. However, strategic initiatives such as expanding sourcing capabilities, enhancing lending services, and focusing on electric vehicles provide a pathway for future growth. The company's strong financial management is evident in its share repurchases and debt repayment.

CarMax reports robust Q2 performance amidst industry challenges

CarMax's Q2 2025 performance showcased strong sales, margins, and cost efficiencies, despite challenges in CarMax Auto Finance income and increased SG&A expenses.
The company's strategic strengths lie in its consistent gross profit, omnichannel retail focus, and commitment to efficiency and stakeholder support.
While facing challenges in finance and expenses, CarMax has opportunities to drive growth through online sales, credit strategies, and operational efficiencies, positioning it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Here are a long and a short stock recommendation for the near-term.

Stocks This Week: Buy Carmax

Shares of used-car seller CarMax jumped 3.2% after the company reported first-quarter results that beat expectations.

Used-car sales accelerate at CarMax

Canopy Growth

Canopy Growth fell after reporting a big loss.

Canopy Growth's losses and sales volume disappoint investors

CarMax Inc. released its first-quarter results before the opening bell on June 21.

CarMax Posts Stronger-Than-Expected 1st-Quarter Earnings

Korn/Ferry Int.

CarMax rises, Korn Ferry falls on financial results.

2 Stocks Move Friday

CarMax, Inc. (KMX) CEO Bill Nash on Q1 2020 Results - Earnings Call Transcript

A big pickup from recent quarters has many seeing a promising future for the dealer.

CarMax Sees Used-Car Sales Soar

CarMax (KMX) delivered earnings and revenue surprises of 6.71% and 2.77%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?

CarMax (KMX) Q1 Earnings and Revenues Beat Estimates

CarMax (KMX) opens three stores in new television markets and one in the existing market in first-quarter fiscal 2020.

CarMax (KMX) Earnings Surpass Estimates in Q1, Rise Y/Y

CarMax, Inc. (NYSE: KMX) released its fiscal first-quarter financial results before the markets opened on Friday.

Should CarMax Get More Credit for Q1 Earnings?

Used car retailer CarMax, Inc. (NYSE: KMX) shares are trading higher after the company reported better than expected first-quarter earnings and sales results.

CarMax Shares Trade Higher After Positive Q1 Earnings

CarMax reported earnings and revenue for the first quarter early Friday, helped by strong web traffic. 
The post CarMax Earnings, Revenue Beat, Helped By Strong Web Traffic appeared first on Investor's Business Daily.

CarMax Earnings, Revenue Beat, Helped By Strong Web Traffic

CarMax Inc. shares KMX, -0.59% rose 3.6% in premarket trade Friday, after the used car retailer topped profit and sales estimates for its fiscal first quarter.

CarMax shares up 3.6% premarket as earnings blow past estimates

CarMax (NYSE: KMX) announces its next round of earnings this Friday, June 21.

CarMax Q1 Earnings Preview

Used car retailer CarMax, Inc. reported weakness in its past few quarters, but any headwinds should now ease moving forward, according to RBC Capital Markets.

RBC Raises CarMax Price Target, Says Headwinds Will Ease

Set to report earnings Friday morning, the used car retailer is focused on expanding stores and improving its online strategy.

CarMax Reports Earnings in 'Inflating Parabolic Bubble'

CarMax's (KMX) store-expansion initiative is likely to make a positive impact on sales in first-quarter fiscal 2020.

CarMax (KMX) to Release Q1 Earnings: Is a Beat in Store?

The used-car retailer is aiming for a second straight quarter of sales growth.

CarMax Earnings Preview: The Trends to Watch

Kroger

Winnebago

Look for Winnebago, CarMax, and Kroger stocks to make big moves over the next few trading days.

3 Things to Watch in the Stock Market This Week (June 17)

Does CarMax (KMX) have what it takes to be a top stock pick for momentum investors? Let's find out.

CarMax (KMX) Is Up 2.35% in One Week: What You Should Know

Lovesac Company

Williams-Sonoma

While slower demand and complex macro environment are likely to affect RH's fiscal first-quarter results, cost-saving initiatives, higher margins & strong pricing should provide considerable support.

Will RH's Pricing Power Combat Slower Demand in Q1 Earnings?

CarMax (KMX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can CarMax (KMX) Keep the Earnings Surprise Streak Alive?

Molson Coors Brewing

The chairman, CEO and chief investment officer of Ariel Investment LLC, John Rogers, (Trades, Portfolio) bought shares of the following stocks during the first quarter.

John Rogers Buys Molson Coors Brewing & CarMax

Advance Auto Parts

AutoZone

O'Reilly Automotive

Higher demand has brightened revenue growth prospects of the industry. However, uncertainty pertaining to tariffs is a headwind.

Auto Retail & Wholesale Parts Industry Near-Term Ride Smooth

CarMax (KMX) reported earnings 30 days ago. What's next for the stock?

News for CarMax Stock (KMX)