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Analysis-South Korea's booming used car exports cushion impact of US tariffs
Yahoo Finance· 2025-09-29 22:02
By Ju-min Park INCHEON, South Korea (Reuters) -From the muddy grounds of a former amusement park on South Korea's coast, tens of thousands of vehicles are being packed for shipment overseas as booming used car exports help to mitigate the impact of U.S. tariffs on new car sales. Soaked in sweat from the outdoor heat, workers are loading and strapping cars into containers around the clock for shipment from the makeshift facilities at South Korea's largest used car export hub in Incheon, west of Seoul. ...
How The Amazon-Hertz Deal Could Disrupt Dealerships
Youtube· 2025-09-29 16:01
About a quarter century ago, Amazon said it wanted to sell anything and everything a person would want to buy online. Since then, revenues have grown 38,000% every time it sells a new product. Even veteran rivals fear getting Amazon.I would never bet against Amazon. They effectively have unlimited resources. Up until recently, one of the very few areas Amazon wasn't disrupting cars.But now it is making moves. The latest deal is to help sell used cars owned by the rental company Hertz. It could be a boon for ...
Uxin(UXIN) - 2026 Q2 - Earnings Call Transcript
2025-09-29 13:02
Uxin Limited (NasdaqGS:UXIN) Q2 2026 Earnings Call September 29, 2025 08:00 AM ET Company ParticipantsNone - TranslatorKun Dai - CEOFeng Lin - CFOAli Wong - Director of Investor RelationsConference Call ParticipantsNone - Analyst 2None - Analyst 1OperatorLadies and gentlemen, thank you for standing by and welcome to Uxin Limited's earnings conference call for the quarter ended June 30, 2025. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a Q&A se ...
These Analysts Cut Their Forecasts On CarMax After Downbeat Q2 Results - CarMax (NYSE:KMX)
Benzinga· 2025-09-26 17:11
CarMax Inc (NYSE: KMX) posted weaker-than-expected second-quarter results on Thursday.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.The company bought 293,000 vehicles in total in the second quarter, a 2.4% decrease. Of these, 262,000 came from consumers (down 2.7%) and 31,000 from dealers (up 0.2%)."While this was a challeng ...
Here's Why You Should Retain CarMax Stock in Your Portfolio Now
ZACKS· 2025-09-26 15:56
Key Takeaways CarMax benefits from its nationwide footprint, reconditioning centers, and logistics network.Acquisition of Edmunds and EV battery insights via Recurrent boost digital and EV market position.CarMax faces tariff risks, a stretched balance sheet, and stiff competition from online rivals.CarMax, Inc. (KMX) , the largest retailer of used vehicles in the United States, is set to gain from its extensive footprint, strategic buyout and investor-friendly moves. However, reciprocal tariffs and a stretc ...
Carmax: Now is the Time to Load Up On This Used Car Stock
MarketBeat· 2025-09-26 14:09
CarMax TodayKMXCarMax$45.03 -0.57 (-1.25%) 52-Week Range$42.75▼$91.25P/E Ratio12.40Price Target$69.67Add to WatchlistCarmax's NYSE: KMX share price fell 25% following the Q2 earnings release, hitting rock bottom in the process. Rock bottom aligns with the COVID-19-induced lows of 2020, a launchpad for share prices five years ago and one that will pay off again in the not-too-distant future. The question is how long the stock price slump will last, and it could last for a few more quarters. The company rep ...
Uxin Announces Grand Opening of Zhengzhou Used Car Superstore
Prnewswire· 2025-09-26 06:00
Accessibility StatementSkip Navigation BEIJING, Sept. 26, 2025 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced that its new used car superstore in Zhengzhou, Henan Province will officially open on September 27, 2025. The Zhengzhou used car superstore has a gross floor area of approximately 150,000 square meters, integrating one of China's largest used-car showrooms with an in-house reconditioning facility. The site is designed to acco ...
CarMax, Inc. (NYSE:KMX) Faces Market Challenges Despite Solid Unit Margins
Financial Modeling Prep· 2025-09-25 17:00
公司业务与市场地位 - 公司是美国领先的二手车零售商 运营两个业务板块:CarMax销售运营和CarMax汽车金融 以一口价定价和全面车辆检测流程为特点 竞争对手包括AutoNation和Carvana [1] 财务业绩表现 - 每股收益0.64美元 低于市场预期的1.03美元 营收65.9亿美元 未达70.2亿美元预期目标 [2][6] - 零售二手车销量下降5.4% 同店二手车销量下降6.3% 批发车辆销量减少2.2% [3][6] - 单车毛利保持稳定 零售二手车单车毛利2,216美元 批发车辆单车毛利993美元 延长保修计划(EPP)单车毛利576美元 与去年同期持平 [4][6] 财务指标与资本结构 - 市盈率约15.54倍 市销率约0.32倍 企业价值与销售额比率约0.98 [5] - 企业价值与经营现金流比率约25.17倍 债务权益比率约2.85倍 显示较高财务杠杆 [5] - 流动比率约2.39倍 表明公司短期偿债能力较强 [5]
CarMax(KMX) - 2026 Q2 - Earnings Call Transcript
2025-09-25 14:02
CarMax (NYSE:KMX) Q2 2026 Earnings Call September 25, 2025 09:00 AM ET Company ParticipantsDavid Lowenstein - VP - IRBill Nash - President, CEO & DirectorJon Daniels - EVP - CarMax Auto FinanceEnrique Mayor-Mora - EVP & CFORajat Gupta - Executive Director - AutosSharon Zackfia - Group Head–ConsumerJosh Young - Equity Research Senior AssociateJeff Lick - Managing DirectorMichael Montani - Managing DirectorConference Call ParticipantsBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceChris Bottigl ...
CarMax(KMX) - 2026 Q2 - Earnings Call Transcript
2025-09-25 14:02
CarMax (NYSE:KMX) Q2 2026 Earnings Call September 25, 2025 09:00 AM ET Company ParticipantsEnrique Mayor-Mora - EVP and CFOBill Nash - President and CEODavid Lowenstein - VP of Investor RelationsJon Daniels - EVP of CarMax Auto FinanceConference Call ParticipantsDavid Bellinger - Senior AnalystDavid Whiston - Senior Equity AnalystJeff Lick - Senior Equity AnalystRajat Gupta - AnalystJames Bottiglieri - AnalystMichael Montani - Research AnalystScot Ciccarelli - Senior Equity AnalystSharon Zackfia - AnalystCh ...