Business

CarMax Reports Earnings Beat, Outlines Turnaround Plan

Updated 2026-06-17 17:55 UTC 1 source Neutral

CarMax shares fell after reporting earnings that beat expectations. However, questions remain about the company's future growth and cost-cutting efforts amid tough market conditions.

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CNBC

CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan

Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.

2026-06-17 17:12 UTC