CarMax Inc

KMX: XNYS (USA)
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We Expect Better Revenue Growth for CarMax After Fiscal 2026

Business Strategy and Outlook

CarMax's revenue has grown at a compound annual rate of 10.8% since fiscal 2000 from the success of customer-friendly sales practices and use of information technology. We think the firm will eventually reach its over 5% zero to 10-year-old vehicle market share target, up from 3.7% in calendar 2023 and 2024. Revenue of at least $33 billion should come before reaching another goal of selling a combined 2 million annual retail and auction units.

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