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 | 0.93 | 1.13386978786 | 82.02 | 83.626 | 78.94 | 1328508 | 80.46812047 | CS |
4 | 9.8 | 13.3971291866 | 73.15 | 84.26 | 70.75 | 1826731 | 77.9739065 | CS |
12 | 13.52 | 19.4728503529 | 69.43 | 84.26 | 66.87 | 1940033 | 73.29998839 | CS |
26 | 13.45 | 19.3525179856 | 69.5 | 88.22 | 65.83 | 2005873 | 74.40638596 | CS |
52 | 0.78 | 0.949251551661 | 82.17 | 88.22 | 59.66 | 1981350 | 73.16104885 | CS |
156 | -51.34 | -38.2306947651 | 134.29 | 155.98 | 52.1 | 1874188 | 81.71480921 | CS |
260 | -6.84 | -7.61777480789 | 89.79 | 155.98 | 37.59 | 1704879 | 86.06557384 | CS |
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