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Stock impact report

Carvana vs. CarMax: Which Used Car Stock Has More Fuel for Growth? [Yahoo! Finance]

CarMax Inc (KMX) 
Last carmax inc earnings: 4/2 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.carmax.com/home/default.aspx
Company Research Source: Yahoo! Finance
These tariffs, set to take effect tomorrow, are expected to disrupt the auto industry, strain supply chains and lift vehicle prices — creating affordability challenges that could weaken demand. With new car prices rising, more buyers may shift to the used car market, further widening the price gap between new and used vehicles. Initially, the used car industry might benefit from a surge in demand before potential price increases follow. Against this backdrop, let's see if either of these used vehicle retailers — CarMax KMX or Carvana CVNA — is a buy now. CarMax is the largest used vehicle retailer in the United States but its sales figures aren't that impressive. In fiscal 2024 (ended Feb. 28, 2024), CarMax retailed 765,572 used vehicles, down more than 5% year over year. In the first three quarters of fiscal 2025, the company sold 606,395 units, with revenues declining to $20.3 billion from $20.9 billion in the prior-year period. However, retail used vehicle gross margin has impr Show less Read more
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