CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with th... CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue between $33 billion to $45 billion by fiscal 2026. CarMax is based in Richmond, Virginia. Show more
Period | Change | Change % | Open | High | Low | Avg. Daily Vol | VWAP | |
---|---|---|---|---|---|---|---|---|
1 | 1.295 | 1.50406504065 | 86.1 | 87.79 | 83.94 | 1403052 | 86.13174897 | CS |
4 | 7.495 | 9.38047559449 | 79.9 | 88.87 | 78.06 | 1452355 | 83.84835621 | CS |
12 | 9.815 | 12.651456561 | 77.58 | 91.23 | 77 | 1877428 | 83.46121152 | CS |
26 | 13.465 | 18.2131746246 | 73.93 | 91.23 | 69.95 | 1773523 | 79.79949834 | CS |
52 | 13.925 | 18.9533142779 | 73.47 | 91.23 | 65.83 | 1877445 | 77.18520657 | CS |
156 | -21.505 | -19.7474747475 | 108.9 | 113.54 | 52.1 | 1987101 | 76.13879096 | CS |
260 | -10.075 | -10.3365137991 | 97.47 | 155.98 | 37.59 | 1759592 | 85.03165577 | CS |
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