Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

Why CarMax’s ChatGPT App Matters for Investors CarMax (KMX) has launched the first U.S. auto retail app in the ChatGPT app store, giving car shoppers and sellers an AI powered way to search inventory, ...

Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and selling platform and tighten ...

CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...

Starboard Value pressures CarMax (KMX) to cut costs, revamp pricing, and streamline digital sales, nominating 2 directors.

CarMax Inc.’s stock was down early Thursday, after the used-car retailer’s fiscal second-quarter sales topped estimates — but it was not enough to offset pressure on its car-loan business. The company ...

CarMax shares rose in premarket trading after activist investor Starboard Value disclosed a $350 million stake and nominated ...

CarMax (NYSE:KMX) stock surged nearly 6% during trading on Friday. These gains were driven by the company reporting better-than-expected Q1 results, with revenue rising around 6% year-over-year to ...

According to a report just released by CarMax, the largest used car retailer in the United States, consumers are warming to used EVs. The company, which sold 789,050 used vehicles, plus 544,312 ...

RICHMOND, Va. — Days after eliminating approximately 350 Customer Experience Center jobs nationwide, CarMax has announced leadership changes. Effective Dec. 1, 2025, current Chief Executive Officer ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...

BML Capital bought 155,000 shares of CarMax in the fourth quarter. As of quarter-end, the CarMax shares were valued at $5.99 million This new stake places CarMax outside the fund’s top five holdings.