: The company reported a significant swing to a $120.7 million loss for the quarter, compared to a profit of $89.9 million in the prior year.
: To offset lower margins from price cuts, CarMax is aiming to reduce administrative spending by $150 million . Should I Buy a Car From CarMax? - RateGenius carmax buy car prices
: To attract budget-conscious buyers, CarMax is expanding its inventory to include more older, higher-mileage vehicles . : The company reported a significant swing to a $120
As of April 2026, CarMax's financial results reflect the pressure of their pricing adjustments and broader market headwinds: : Totaled $5.79 billion , a 6.9% decrease. a 6.9% decrease.