Carmax

Focus on companies with proven business models, strong management, and potential for long-term market share growth in large industries. M&T Bank, Ashtead Group, Installed Building Products, Fiserv, Ferguson, Kinsale Capital Group, Align Technologies, and Medpace Holdings are highlighted investments. Emphasis on conservative financial practices, market dominance, and strategic capital deployment to drive future growth and shareholder value.» Mehr auf seekingalpha.com

CarMax (KMX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.» Mehr auf zacks.com

MURRIETA, CA — CarMax Inc. in Murrieta is set to grow. The giant national used vehicle retailer plans to expand its site at 25560 Madison Avenue by nearly 5 acres. During the Jan. 22 Murrieta Planning Commission meeting, the commissioners gave a unanimous green light to the proposal. The existing 46-acre CarMax site is situated between Interstate 15 and Madison Avenue. Three vacant land parcels, totaling 4.62 acres, along Madison Avenue, are where CarMax plans to build out. According to company representatives, the new construction area will mainly house vehicle inventory. In 2015, the initial CarMax project was approved under the state's required environmental review process. As such, the city did not require additional environmental review for the new expansion. The entire area is zoned for commercial use. Murrieta Tire and Auto plans to open a new 4,995-square-foot shop next to the expansion area. Read more here. According to CarMax, the expansion is "designed to increase operational efficiency, improve traffic flow, and optimize customer and employee parking for the existing location." Construction will not alter CarMax's existing operations, according to the company. The city requires extensive landscaping and walls measuring up to 7 feet 6 inches in height around the expansion area. A CarMax spokesperson said the expansion is expected to begin as soon as possible and could wrap up by year's end. There were no public comments for or against the expansion proposal. Last month, Richmond, Va.-headquartered CarMax reported its third quarter fiscal year 2025 results. Combined retail and wholesale used vehicle unit sales were 320,256, an increase of 5.8% from 2023's third quarter. Total retail used vehicle unit sales increased 5.4% to 184,243 compared to the prior year’s third quarter. CarMax's stock closed Monday at 84.53, up $1.80 or 2.18%.» Mehr auf patch.com