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Tariffs May Have Mixed Effects On Carmax, May Boost Used Car Demand Due To Pricier New Cars: Analyst

Summary

CarMax Inc (NYSE:KMX) posted a 5.1% rise in same-store used vehicle sales in Q4, signaling a rebound from prior softness. Despite macroeconomic uncertainty, the company reaffirmed its long-term goals while enhancing omnichannel efforts and improving SG&A efficiency.

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Article published on April 11, 2025 by benzinga