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CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States.

It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions.

It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions.

The company was founded in 1993 and is based in Richmond, Virginia.

Latest News >
Walmart, Home Depot Sued for Patent Infringement
Walmart, Home Depot Sued for Patent Infringement
Aug 16, 2024
01:22 PM EDT, 08/16/2024 (MT Newswires) -- Walmart ( WMT ) and Home Depot ( HD ) were both sued Thursday in a federal court in Texas by Convergent Assets for patent infringement. Convergent Assets alleges that retailers have infringed on its patented method of developing targeted content for a user based on that user's social-networking activities. Walmart ( WMT...
Morgan Stanley Unusual Options Activity For August 16
Morgan Stanley Unusual Options Activity For August 16
Aug 16, 2024
Deep-pocketed investors have adopted a bullish approach towards Morgan Stanley ( MS ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MS usually suggests something big is about to happen. We gleaned this information...
Sector Update: Health Care
Sector Update: Health Care
Aug 16, 2024
01:41 PM EDT, 08/16/2024 (MT Newswires) -- Health care stocks were mixed Friday afternoon, with the NYSE Health Care Index fractionally lower and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) was little changed. In corporate news, Maravai LifeSciences ( MRVI ) shares jumped past 20% as Reuters reported Friday that the company...
Update: Walmart, Home Depot Sued for Patent Infringement
Update: Walmart, Home Depot Sued for Patent Infringement
Aug 16, 2024
01:45 PM EDT, 08/16/2024 (MT Newswires) -- (Updates with Walmart's ( WMT ) response.) Walmart ( WMT ) and Home Depot ( HD ) were both sued Thursday in a federal court in Texas by Convergent Assets for patent infringement. Convergent Assets alleges that retailers have infringed on its patented method of developing targeted content for a user based on...
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