CarMax rises after quarterly revenue beat

Carmax

17/06/2026 11:48

** Shares of CarMax KMX.N rise 4% to $54.26 premarket
** Q1 retail used-vehicle unit sales increase slightly, benefitting from tariff-driven demand
** Wholesale vehicle unit sales increase 8.4%
** Q1 total revenue up 6.2% from a year ago to $8 billion, beating analysts' estimate of $7.42 billion - data compiled by LSEG 
** KMX earns Q1 profit of $1.31 per share vs $1.38 per share a year ago
** As of last close, stock up 34.9% YTD

 (Reporting by Aatreyee Dasgupta)
 ((Aatreyee.Dasgupta@thomsonreuters.com))