From Financial Modeling Prep: 2025-06-20 16:44:00

William Blair reaffirms Outperform rating on CarMax (NYSE:KMX), citing strong sales momentum and potential for profitability acceleration by 2025 through improved operating efficiency. Analysts see upside as CarMax gains national market share in used vehicles, expecting profits to outpace sales growth with better SG&A leverage and finance division performance. However, risks include managing depreciating inventory, reliance on asset-backed securitizations, and macro sensitivity. Overall, William Blair believes CarMax is well-positioned for significant business growth in the future.



Read more at Financial Modeling Prep:: William Blair Reaffirms Outperform on CarMax, Sees…