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Stock Market & Financial Investment News

News Breaks
October 8, 2012
09:35 EDTKMXCarMax retail revenue growth acclerating, says ITG Research
ITG Research said CarMax used retail revenue growth is tracking up 16.7% year-over-year vs. 13.3% and that same-store used unit retails sales are likely ahead of Street estimates.
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February 1, 2016
06:51 EDTKMXCarMax promotes Bill Nash to President, Cliff Wood to COO
CarMax announced that, as the culmination of a multi-year management succession plan, Bill Nash has been promoted to President and Cliff Wood has been promoted to COO, effective February 1, 2016. Tom Folliard plans to retire as CEO prior to the end of 2016, at which time it is anticipated that Nash will assume the role of CEO. Upon Folliard's retirement, the board expects that he will serve as the non-executive Chairman of the Board.

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