Shareholders of CarMax would probably like to forget the past six months even happened. The stock dropped 30.4% and now trades at $44.65. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Retailers are overhauling their operations as technology redefines the shopping experience. But many seem to be moving too slowly as their demand is lagging, causing the industry to underperform the market -
over the past six months, retail stocks' 19.3% return has fallen short of the S&P 500’s 22.8% gain.
A number of stocks fell in the afternoon session after a confluence of negative economic data pointed to a weak economy. The latest Survey of Consumer Expectations from the New York Fed revealed that households' short-term inflation expectations are rising, while their outlook on the labor market is deteriorating. Consumers expressed greater concern about potential job losses and expect lower earnings growth, factors that directly impact discretionary spending.
CarMax’s third quarter results were met with a significant negative market reaction, reflecting both top-line and bottom-line misses relative to Wall Street’s expectations. Management attributed the underperformance to inventory and pricing missteps following a demand pull-forward caused by tariff speculation earlier in the year, as well as ongoing consumer caution. CEO Bill Nash explained that the company “fell into a spot where we weren’t as competitive” on pricing, which impacted sales volumes and required rapid adjustments to inventory and price strategy. Management’s commentary was notably cautious as they described softening demand and heightened competitive pressure in the used car retail market.
Stocks rallied to end the week on in-line inflation news; the Federal Reserve may focus on the upcoming Jobs report, but investors should focus on earnings
Richmond, VA – September 26, 2025 – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, sent shockwaves through the automotive retail sector today, reporting a dismal second-quarter fiscal year 2026 earnings that significantly missed analyst expectations. The company announced diluted earnings per share (EPS) of just $0.64 for
September 26, 2025 – The financial markets today present a compelling paradox: a broader market pullback coexisting with remarkable individual strengths within the technology sector. As the S&P 500 (NYSE: SPY) and Nasdaq Composite (NASDAQ: QQQ) experienced a mild cool-off after recent record highs, spurred by cautious remarks from Federal
As the trading week draws to a close on Friday, September 26, 2025, Jim Cramer, the influential host of CNBC's "Mad Money," has once again offered his discerning insights into the stock market's immediate landscape. His top ten things to watch highlight a stark and growing bifurcation in the U.
Carmax's lousy quarter was driven by declining demand and weak pricing that impacted the outlook for the year. Analysts' sentiment is cooling for this stock.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Friday to find the gap up and gap down stocks in today's session.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
