Home » CarMax hopes to get back on track after growth dip in 2018
CarMax hopes to get back on track after growth dip in 2018
Investors into CarMax have been looking for a sign that the retail company's recent downward growth would finally be fixed. The used vehicle retailer's sales dipped in the beginning of 2018 and just recently moved back onto a positive pace.
In its third-quarter earnings report this week, the company again posted core sales figures that described growth struggles at existing locations, even as CarMax wins more business online and from its expanding store footprint.
Here's a look at how the latest results stacked up against the prior-year period: