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CarMax misses 3rd quarter forecasts, cites 'challenging sales'

2015-12-19 23:02:20| Auto Dealers - Topix.net

But he noted in a statement that "we continued to grow both total revenues and EPS, reflecting the contributions from new stores and continued share repurchase activity." The Richmond, Virginia, company earned $128.2 million, or 63 cents per share, in the quarter that ended Nov. 30. That compares with earnings of $130 million, or 60 cents per share, a year ago.

Tags: sales 3rd quarter challenging

 

CarMax and BlackBerry are big market movers

2015-12-18 23:09:35| Auto Dealers - Topix.net

" Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market: The owner of Olive Garden said sales at the restaurant chain edged up in the latest quarter as diners ordered pricier dishes. The chain of car dealerships said that sales of used cars at dealerships open at least a year slipped 0.8 percent.

Tags: big market blackberry movers

 
 

CarMax, Inc (KMX) Earns Buy Rating from Stifel Nicolaus

2015-12-18 00:08:51| Auto Dealers - Topix.net

's stock had its "buy" rating restated by equities researchers at Stifel Nicolaus in a note issued to investors on Thursday, Market Beat Ratings reports. They currently have a $80.00 price target on the stock.

Tags: buy rating earns carmax

 

If CarMax opens offices in downtown Richmond, where should they go?

2015-12-14 18:38:30| Auto Dealers - Topix.net

A local Fortune 500 is on the hunt for downtown digs. Multiple sources have said CarMax is looking to lease office space in downtown Richmond.

Tags: they should offices opens

 

Kovitz Investment Group Cuts Stake in CarMax, Inc

2015-12-10 11:39:06| Auto Dealers - Topix.net

Kovitz Investment Group cut its stake in shares of CarMax, Inc by 0.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission . The institutional investor owned 387,623 shares of the company's stock after selling 2,186 shares during the period.

Tags: inc group investment cuts

 

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