used car market
| 8:15AM 9/22/2010
CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier.
Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%....
| 6:00PM 4/01/2010
The Wall Street Journal is reporting (subscription required) that there is a thawing in the car loan market, which is making it easier for people to get car loans at lower rates than were available at the height of the credit crunch.
According to the Journal, "The recovery in the auto credit...
| 11:30AM 6/19/2009
CarMax Inc. (KMX) reported its fiscal first-quarter financial results this morning. The auto retailer's profit fell 2.7 percent on a 17 percent sales drop, but it still beat Wall Street expectations, sending shares soaring over 12 percent shortly after the open.
CarMax, which operates 100 used car...