CarMax Q3: Revenue Misses, Cost Cuts, and Recovery
Update: 2025-09-26
Description
CarMax hit a financial pothole! Revenue and profits tanked, missing Wall Street's expectations by a mile. What went wrong? Pricing missteps, inventory stumbles, and cautious consumers slammed sales. Now, CarMax is shifting gears with $150 million in cost cuts and a new Wanna Drive campaign. Can they steer back to success, or will the road ahead remain bumpy?
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