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Source: www.miamiherald.com --- 14 days ago
Auto retailer CarMax Inc. said Friday its fiscal first-quarter profit fell 2.7 percent on a double-digit sales drop, a loss in its auto financing arm and charges related to loans, but still beat Wall Street expectations. ... Source: www.cnbc.com --- 16 days ago
The Lightning Round is extended in this CNBC.com exclusive feature. Read More Topics: Stock Picks | Stock Market Companies: IHS Inc | FMC Technologies, Inc. | Global Industries, Ltd. | Monro Muffler Brake Inc | CarMax INC Permalink ... Source: www.salon.com --- 10 days ago
CarMax Chief Executive Tom Folliard says the auto retailer is focused on eliminating waste and improving execution to weather the weak automotive market and better position it for future growth. Folliard spoke at the company's annual shareholder meeting in Richmond on Tuesday. Rich... ... Source: www.salon.com --- 14 days ago
Auto retailer CarMax says its fiscal first-quarter profit fell 2.7 percent on a double-digit sales drop. Its results still beat Wall Street expectations. Richmond, Virginia-based CarMax Inc. said Friday it earned $28.7 million, or 13 cents per share, in the three months ended May 31. That... ...
Source: www.stockworld.de --- 11 days ago
... Source: www.theglobeandmail.com --- 14 days ago
Auto retailer's sales fell 17 per cent in the quarter ... Source: www.stockworld.de --- 11 days ago
... Source: www.streetinsider.com --- 89 days ago
Visit StreetInsider.com at http://www.streetinsider.com/Downgrades/BGB+Securities+Downgrades+CarMax+%28KMX%29+to+Hold/4540174.html for the full story. ... Source: www.dividend.com --- 11 days ago
Auto retailer CarMax, Inc (KMX) saw its price target raised slightly by Goldman Sachs on Monday. Goldman maintained its “Sell” rating on KMX shares, but raised its price target to $13 from a previous level of $12.50. CarMax shares closed Friday at $15.31. Goldman cited a normalized valuation on the shares and a better risk/reward proposition for [...] ... Source: www.streetinsider.com --- 36 days ago
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/Deutsche+Bank+Upgrades+CarMax+%28KMX%29+to+Buy/4687848.html for the full story. ... Source: www.finanztreff.de --- 11 days ago
Rating-Update: Toronto (aktiencheck.de AG) - Die Analysten von RBC Capital Markets stufen die Aktie von CarMax (ISIN US1431301027/ WKN 662604) weiterhin mit dem Rating "sector perform" ein. Das Kursziel werde von 9 auf 12 USD angehoben. (22.06.2009/ ... Source: digital50.com --- 14 days ago
RICHMOND, Va.-(Business Wire)-June 19, 2009 - CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2009. Net sales and operating revenues decreased 17% to $1.83 billion from $2.21 billion in the first quarter of last... ... Source: www.newratings.com --- 36 days ago
NEW YORK, May 28 (newratings.com) - Analysts at Deutsche Bank Securities upgrade CarMax (ticker: KMX) from "hold" to "buy." The target price has been raised from $10 to $15. [ more ] ... Source: miamiherald.com --- 16 days ago
Car dealership chain CarMax Inc. reports earnings for its fiscal first quarter on Friday. The following is a summary of key developments and analyst opinion related to the period. ... Source: www.marketwatch.com --- 24 days ago
... Source: www.businessweek.com --- 36 days ago
... Source: www.timesdispatch.com --- 10 days ago
CarMax Inc. CEO Tom Folliard told shareholders and employees yesterday that the automotive retailer is working its way through the economic downturn and is poised to rebound. “We don’t want to sit back and wait for the economy to come back. We want to use this as an opportunity to improve,“ he said yesterday at company’s annual meeting. ... Source: www.cnbc.com --- 86 days ago
Among the premarket stories for Wednesday, April 8, from AP Financial News: Read More Permalink ...
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Zachary Scheidt submits: CarMax, Inc. (KMX) will announce earnings next week as its fiscal first quarter ended on May 31. Despite sagging sales the last three quarters, investors appear optimistic that this report will be a bit stronger. The stock is currently trading near $13 after hitting a low of $5.76 on November 21. Unfortunately, while KMX has been a great success story for 2009, the current stock price appears vulnerable to a sharp decline if the news is anything but spectacular. Analysts are expecting the current year (fiscal 2010 ending February 28) to generate earnings of 23 cents per share leaving the stock with a current PE of 57. Now to be fair, I should also point out that 2011 is expected to generate earnings of $0.49 so the multiple on earnings 2 years out is only 26.5. However, that is still fairly high for such a speculative growth story. Much of the recent strength has been due to increasing expectations of used car sales, and positive financing data. The logical argument is that as the consumer deals with lower employment and reduced balance sheets, he or she will more likely buy a used car instead of springing for that shiny new set of wheels. And the high profile bankruptcies of the US car manufacturers has certainly not hurt the trend towards buying used cars. Complete Story » ...
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