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CarMax Stock Hits 52-Week Low After Q2 Earnings - Here's Why
Yahoo Finance· 2025-09-25 12:57
CarMax Inc (NYSE: KMX) breached its 52-week low on Thursday after the firm’s second-quarter results were hit by weaker retail sales and higher loan loss provisions, leading to earnings and revenue misses. The used-car retail giant reported second-quarter earnings per share of 64 cents, missing the analyst consensus estimate of $1.09. Quarterly sales of $6.594 billion (down 6% year over year) missed the Street view of $7.024 billion. Also Read: Banks Can Now Streamline Operations With Nasdaq Calypso On AWS ...