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Mid-Morning Market Update: Markets Mixed; CarMax Results Miss Estimates

2014-04-05 09:48:37| Steel - Topix.net

Following the market opening Friday, the Dow traded up 0.14 percent to 16,595.16 while the NASDAQ declined 0.45 percent to 4,218.54.

Tags: results market update miss

 

CarMax 4Q profit falls 7 pct on accounting change

2014-04-04 18:31:21| Auto Dealers - Topix.net

Its revenue rose but missed Wall Street expectations. For the quarter ended Feb. 28, CarMax earned $99.2 million, or 44 cents per share, compared with $107.2 million, or 46 cents per share, a year ago.

Tags: change accounting falls profit

 
 

How CarMax Could See Used Car Profits Grow

2014-03-20 18:23:57| AutomotiveDigest.com - Automotive Industry News

Used car giant CarMax got a mixed review for stockholders from The Motley Fools Alex Planes. Revenue over the past three years got a passing market with its 51% increase, but improving profit margin didnt make the cut. Heres what the analyst sees as strong potential for CarMax and likely for other growing used [...]The Article How CarMax Could See Used Car Profits Grow appeared first on Automotive Digest.

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CarMax building new store to enter Reno used-car market

2014-02-27 23:24:22| Auto Dealers - Topix.net

Virginia-based used-car retailer CarMax Inc., plans to build a 45,000-square-foot store in south Reno to open later this year.

Tags: enter store market building

 

CarMax to hire more than 1,200 across country

2014-02-26 23:31:53| Auto Dealers - Topix.net

The Richmond-based company said in a news release that the positions include sales, service operations, purchasing and the business office.

Tags: country hire carmax

 

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