CarMax Struggles Amid Weak Results and Consumer Distress

29 days ago

Bill Nash / Market Commentary

"Wall Street analysts and investors really just coming out and saying, "Hey, you know, this is not a good look right now.""

CarMax was the worst performing stock in the S&P 500 this week, down about 23%, following weaker-than-expected results. Management attributed the downturn to a strained used car market, impacted by factors such as consumer distress and fallout from tariffs, casting a negative light on its near-term prospects.

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