CarMax Group
 (KMX)

- NYSE
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Dec. 19, 2014, 9:11 AM
    | Dec. 19, 2014, 9:11 AM | 7 Comments
  • Dec. 19, 2014, 8:04 AM
    • CarMax (NYSE:KMX) reports used unit sales in comparable stores increased 7.4% in Q3.
    • Wholesales vehicle unit sales improved 10.0% as increased appraisal traffic and the growth of the company's store base.
    • Average selling prices: Used vehicles +2.3% to $19,914, New vehicles -1.4% to $27,056, Wholesale vehicles flat at $5,124.
    • Gross profit per used vehicle +15.2% to $2,172.
    • Gross profit per new vehicle +14.8% to $927
    • FY2015 Guidance: Capital expenditure: ~$300M.
    • KMX +6.39% premarket.
    | Dec. 19, 2014, 8:04 AM
  • Dec. 19, 2014, 7:37 AM
    • CarMax (NYSE:KMX): Q3 EPS of $0.60 beats by $0.06.
    • Revenue of $3.41B (+16.0% Y/Y) beats by $150M.
    | Dec. 19, 2014, 7:37 AM
  • Dec. 18, 2014, 5:30 PM
    | Dec. 18, 2014, 5:30 PM | 10 Comments
  • Nov. 17, 2014, 7:47 AM
    • CarMax (NYSE:KMX) is downgraded by Morgan Stanley to an Equalweight rating from Overweight on a valuation call.
    • Shares of KMX have popped 21.3% over the last month.
    | Nov. 17, 2014, 7:47 AM
  • Oct. 23, 2014, 10:14 AM
    • CarMax (KMX +6.6%) trades higher after the company approved a $2B increase in its share repurchase program.
    • The total allowance for buybacks is now $3.8B, with $893M already burnt by the automobile retailer.
    | Oct. 23, 2014, 10:14 AM
  • Oct. 10, 2014, 5:36 PM
    • Top gainers, as of 5:15 p.m.: APH +7.8%. TEL +6.1%. SPWR +5.0%. URI +4.6%. MHR +4.5%.
    • Top losers, as of 5:15 p.m.: SFLY -6.9%. APT -4.9%. SPN -3.6%. BSBR -2.3%. KMX -1.6%.
    | Oct. 10, 2014, 5:36 PM | 2 Comments
  • Oct. 2, 2014, 9:40 AM
    • There's more than passing interest in the auto retailer/dealership group over Warren Buffett's acquisition of Van Tuyl Group.
    • Analysts have already tapped the sector as ripe for M&A opportunities before Buffett skipped into the fray.
    • AutoNation (AN +2.2%), CarMax (KMX +1.5%), Sonic Automotive (SAH +3.5%), Lithia Motors (LAD +7.1%), Penske Automotive (PAG +3.4%), Group 1 Automotive (GPI +3.5%), Asbury Automotive (ABG +5.5%), Rush Enterprises (RUSHA) are all higher in early action.
    • Related: Strong comps at AutoNation.
    | Oct. 2, 2014, 9:40 AM | 12 Comments
  • Sep. 23, 2014, 12:45 PM
    | Sep. 23, 2014, 12:45 PM
  • Sep. 23, 2014, 9:10 AM
    | Sep. 23, 2014, 9:10 AM
  • Sep. 23, 2014, 7:46 AM
    • CarMax (NYSE:KMX): Q2 EPS of $0.70 beats by $0.03.
    • Revenue of $3.6B (+10.8% Y/Y) beats by $30M.
    | Sep. 23, 2014, 7:46 AM | 1 Comment
  • Sep. 23, 2014, 7:45 AM
    • CarMax (NYSE:KMX) reports used unit sales in comparable stores increased 0.2% in FQ2.
    • A calendar shift impacted the comp by a full percentage point.
    • Wholesales vehicle unit sales improved 7.4% during the period.
    • Average selling prices: Used vehicles +4.1% to $20,215, New vehicles -1.2% to $26,991, Wholesale vehicles +4.1% to $5,249.
    • Gross profit per used vehicle flat at $2,173.
    • Gross profir per new vehicle +45% to $803.
    • KMX -4.7% premarket
    | Sep. 23, 2014, 7:45 AM | 1 Comment
  • Sep. 22, 2014, 5:30 PM
    | Sep. 22, 2014, 5:30 PM
  • Sep. 18, 2014, 3:16 AM
    • The Consumer Financial Protection Bureau has put forward a plan to begin supervising the finance units of major car companies, overseeing the 38 largest nonbank lenders in the automotive industry.
    • Under the plan, the regulator will scrutinize whether nonbank car-loan providers are discriminating against minorities, using deceptive tactics in marketing loans and following debt-collection laws.
    • The new plan would put the finance divisions of major automakers under federal supervision for the first time.
    • Related tickers: GM, F, TM, OTCPK:FIATY, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, KMX
    | Sep. 18, 2014, 3:16 AM | 17 Comments
  • Aug. 18, 2014, 2:47 AM
    | Aug. 18, 2014, 2:47 AM | 18 Comments
  • Aug. 18, 2014, 2:25 AM
    • Sonic Automotive (NYSE:SAH) will today announce its creation of EchoPark, a chain of preowned-vehicle stores that will challenge used-car retailers such as CarMax (NYSE:KMX) and Asbury Automotive (NYSE:ABG).
    • EchoPark is part of Sonic's $350M investment to revamp its approach to selling cars, amid increasing U.S. demand for preowned vehicles.
    • As one of the country's largest car-dealer's, Sonic posted $8.8B of sales in 2013.
    | Aug. 18, 2014, 2:25 AM
Company Description
CarMax Inc together with its wholly owned subsidiaries is engaged in sales of used vehicles in the United States. It operates in two reportable segments: CarMax Sales Operations and CarMax Auto Finance.
Sector: Services
Country: United States