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CarMax Shares Fall After Q1 Earnings and Revenue Miss

CarMax shares fell 1.9% after missing Q1 earnings and revenue estimates; the company eyes future growth despite a decrease in sales units.

by Mark Eisenberg
Fri, Jun 21, 2024 7:07pm
in Business
• 2 mins read
14.8k
CarMax Shares Fall After Q1 Earnings and Revenue Miss | FinOracle

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CarMax Shares Dip on Q1 Earnings and Revenue Miss

CarMax Inc. saw its stock price drop by 1.9% after announcing first-quarter earnings and revenue that didn't meet Wall Street's expectations.

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