CarMax continues to build on ‘momentum’
CarMax booth at the 2024 NIADA Convention and Expo in Las Vegas. Photo by Andrew Friedlander.
CarMax booth at the 2024 NIADA Convention and Expo in Las Vegas. Photo by Andrew Friedlander.
CarMax is seeing a lot of momentum in its business.
Just ask the company’s president and CEO, Bill Nash. He and others said the word, “momentum,” several times during the company’s fourth quarter fiscal year 2025 earnings release conference call. In fact, he used the word three times in one sentence during the Q&A portion of the earnings call.
“We expect that momentum that we’ve been seeing for the last three quarters, we’re coming into the year very strong, and we’ve got some good momentum, and we would expect to continue that momentum ...” Nash said.
Earlier in the call, Nash provided examples of that momentum, noting that digital tools and enhancements have ...
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