Carmax's Trading Volume Surges 101.3% to $729 Million, Stock Jumps to 105th in Market Rankings

On June 20, 2025, Carmax's trading volume reached $729 million, marking a 101.3% increase from the previous day. The company's stock price rose by 6.61%, placing it at the 105th position in the day's market rankings.

Carmax reported its first-quarter fiscal year 2026 results, showcasing a strong performance. The company's earnings per share stood at $1.38, with revenue growing by 6% year-over-year to $7.55 billion. This growth was driven by a significant increase in used vehicle sales, which rose by 8.1%.

Analysts have noted that Carmax's Q1 results were particularly impressive, with total sales reaching $7.5 billion and earnings per share surging by 42% to $1.38. This performance exceeded market expectations, indicating a robust turnaround for the company. The strong sales figures and earnings growth suggest that Carmax is well-positioned to continue its upward trajectory in the coming quarters.