CarMax Inc. (KMX)
Consumer Discretionary6 articles
Price chart
Why is KMX moving today?
+1.3%KMX is +1.3% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
CarMax Inc. (KMX) overview
CarMax is the largest U.S. used-car retailer.
KMX is a member of the S&P 500. It sits in the Consumer Discretionary sector. That sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
CarMax Inc. trades on the NYSE under the ticker symbol KMX. The most recent market data puts the share price at about $53.33. That is up 1.35% on the session. At that price the company is worth roughly $7.57B.
Over the past 52 weeks, KMX has traded between $30.26 and $65.28. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 25.3. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch KMX
KMX is one of the larger names in the Consumer Discretionary sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each KMX story as it breaks, and tags it bullish, bearish or neutral.
What moves KMX
- Earnings. KMX reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from KMX.
- Sector news. Consumer Discretionary stocks often move together, so a rival's news can move KMX too.
Market Mood
Latest KMX news
CarMax (KMX) Cuts 145 Jobs, Totaling 4% of Workforce
CarMax (KMX) has laid off 145 corporate employees, marking the third job cut this year, representing about 4% of its total corporate headcount. This follows prior cuts of 350 jobs in October 2025 and 230 in January 2026, totaling over 1,000 layoffs since 2024. The current CEO, Keith Barr, aims to reduce costs and enhance competitiveness amid challenges from high vehicle prices and rising interest rates. CarMax's revenue grew by 6.2% to $8.01 billion in the last quarter, although net earnings fell by 11.8% to $185.6 million, highlighting ongoing pressures in the used-car market.
Read More: CarMax (KMX) Cuts 145 Jobs, Totaling 4% of Workforce
CarMax (KMX) Shares Drop 10% Despite Earnings Beat and Turnaround Plan
CarMax (KMX) reported earnings per share of $1.31, surpassing expectations of 95 cents, and revenue of $8.01 billion, exceeding the forecast of $7.42 billion. However, shares fell approximately 10% in midday trading due to concerns over growth under the new CEO's turnaround plan. The company's total gross profit declined by 4.4% to $854.4 million, and net earnings decreased 11.8% to $185.6 million compared to the same period last year. Despite these challenges, CarMax's shares remain up about 25% year-to-date.
Read More: CarMax (KMX) Shares Drop 10% Despite Earnings Beat and Turnaround Plan
Premarket Stocks: CarMax, AST SpaceMobile, Lionsgate Movement Updates
Several stocks showed significant movement in premarket trading, including CarMax (KMX) and AST SpaceMobile (ASTS). Specific trading volumes and percentage changes are not provided in the article. The trading activity reflects broader market trends and investor sentiment. Notably, the impacts of these gains or losses could affect their market positions going into the trading day.
Read More: Premarket Stocks: CarMax, AST SpaceMobile, Lionsgate Movement Updates
CarMax (KMX) Earnings Beat Following Carvana Disruption
CarMax (KMX) reported earnings that surpassed analysts' expectations, indicating strong performance in a competitive market. This comes after Carvana announced significant changes that may impact the used vehicle sector. The earnings report from CarMax could signal resilience in their business model despite external disruptions. Investors will be closely monitoring how these developments affect market dynamics and trading volumes in the auto retail sector.
Read More: CarMax (KMX) Earnings Beat Following Carvana Disruption
CarMax (KMX) Reports Quarterly Loss Due to Goodwill Charge
CarMax (KMX) reported a quarterly loss attributed to a goodwill charge amid weak used-car demand. The company has seen a decline in sales volume, impacting its financial performance. This situation highlights the challenges faced in the automotive retail sector, particularly for used vehicles. Investors should monitor CarMax's recovery strategies and any adjustments in market demand to assess future performance.
Read More: CarMax (KMX) Reports Quarterly Loss Due to Goodwill Charge
Toyota Tacoma Sold for $32-33K at CarMax: Market Insights
A woman sold her Toyota Tacoma to CarMax for an amount between $32,000 and $33,000. This sale reflects current market prices for used vehicles and could indicate a stable demand within the automotive sector. The transaction highlights the resale value of trucks in the market, which aligns with broader trends in vehicle pricing. Understanding these figures helps assess market dynamics for automotive investments and consumer behaviors.
Read More: Toyota Tacoma Sold for $32-33K at CarMax: Market InsightsMore Consumer Discretionary stocks
Frequently asked questions
Is CarMax Inc. in the S&P 500?
Yes. CarMax Inc. trades as KMX and is a member of the S&P 500. The index lists it in the Consumer Discretionary sector.
What sector is KMX in?
KMX sits in the Consumer Discretionary sector of the S&P 500.
Where can I find the latest KMX news?
Right here. This page collects recent KMX news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is CarMax Inc.'s stock price?
KMX last traded at about $53.33. Prices move all through the session, so this is the latest quote rather than a live one.
What is CarMax Inc.'s market cap?
KMX is worth roughly $7.57B. Market cap is the share price times the number of shares outstanding.
What is KMX's P/E ratio?
KMX trades at a trailing P/E ratio of about 25.3. The ratio compares the share price with earnings per share over the past year.