CarMax posted a 7% increase in net earnings in the latest quarter of 2011
CarMax Inc. reported a 7% increase in net earnings to $95 million as well as a 10% climb in revenue to $2.5 billion in the latest quarter that ended Feb. 29. The Richmond, Va.-based... Read more
CarMax to hire 965 people for positions in sales and service operations
To satisfy seasonal staffing requirements, CarMax Inc. will be hiring over 965 people throughout the U.S. CarMax, a used-car retailer based in Richmond, Va., said that it wants to hire... Read more
CarMax aims to expand and to open up to 55 used-car stores
CarMax Inc. aims to expand and to open up to 55 used-car stores through February 2016, a 50% climb in store count. Based in Richmond, Va., Carmax announced that its net earnings and... Read more
CarMax posted increases in net income and sales in the latest quarter
CarMax Inc. recorded a boost in net income and sales in the latest quarter while raising concerns regarding waning consumer confidence. Specifically, the company posted a net income of... Read more
CarMax will make its first national splash in the Super Bowl in February
The United States' largest used-car retailer - CarMax Inc. – has two 30-second ad spots for the Super Bowl in February 2011. One ad will run in the second quarter while the other will be... Read more
CarMax’s profits in 3rd quarter 2010 are up 10%
In the third quarter of 2010, CarMax Inc.’s profits rose by 10% over the same period the previous year due to higher wholesale vehicle sales. CarMax, the country’s biggest used car... Read more
CarMax posted solid revenue and profit growth in Q2
Due to the strong demand for used cars, CarMax Inc. was able to post solid revenue and profit growth for the quarter ended Aug. 31. The net income of the nation’s largest used-vehicle... Read more
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