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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 | -3.41 | -4.0931460809 | 83.31 | 84.26 | 78.94 | 1327440 | 81.29238833 | CS |
4 | 8.57 | 12.0145801206 | 71.33 | 84.26 | 70.75 | 1844941 | 76.95468086 | CS |
12 | 11.89 | 17.482723129 | 68.01 | 84.26 | 65.83 | 1967497 | 72.84961552 | CS |
26 | 9.77 | 13.9312704976 | 70.13 | 88.22 | 65.83 | 2002292 | 74.23261512 | CS |
52 | -3.53 | -4.23109193336 | 83.43 | 88.22 | 59.66 | 1976991 | 73.16009078 | CS |
156 | -54.39 | -40.5018988756 | 134.29 | 155.98 | 52.1 | 1874175 | 81.713556 | CS |
260 | -6.38 | -7.39452943904 | 86.28 | 155.98 | 37.59 | 1704200 | 86.10272344 | CS |
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