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Top related persons:
Bill Nash - 4 Jim Cramer - 2 CarMax - 2 It's - 1 CNBC's Jim Cramer it's - 1 Nash - 1 Motors — - 1 hasn't - 1
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UAW - 3 United Autoworkers Union - 1 Detroit - 1 Ford - 1 CarMax - 1 Auto - 1 Thomson - 1

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☆ CarMax CEO Bill Nash discuss UAW strike effect, inflation and used car prices
  + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
CarMax CEO Bill Nash discuss UAW strike effect, inflation and used car pricesCarMax CEO Bill Nash joins 'Mad Money' host Jim Cramer to talk vehicle affordability, inflations impact on the used car market and rising rates.
Persons: Bill Nash, Jim Cramer Organizations: UAW
☆ CarMax CEO on UAW strike: It's too early to tell how it will affect used-car market
  + stars: | 2023-10-10 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarMax CEO on UAW strike: It's too early to tell how it will affect used-car marketCarMax CEO Bill Nash joins 'Mad Money' host Jim Cramer to talk vehicle affordability, inflations impact on the used car market and rising rates.
Persons: It's, Bill Nash, Jim Cramer Organizations: UAW
☆ CarMax CEO says it's 'a little early' to see how the UAW strikes will impact business
  + stars: | 2023-10-10 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CEO of used-car retailer CarMax , Bill Nash, told CNBC's Jim Cramer it's "a little early" to tell what effect the United Autoworkers Union strike will have on his company's business. "I think as far as the UAW strike [is concerned], it's a little early to tell the impact it's going to have on the business — you know, it really depends on how long it goes, and if there's going to be an expansion," Nash said. The UAW began its strike on three Detroit automakers — Ford Motor , Stellantis and General Motors — last month. CarMax will continue to monitor the strike, Nash said, but added so far it hasn't played into the overall industry. Nash also discussed how inflation and high interest rates are affecting customers looking to buy both newer and older models.
Persons: Bill Nash, CNBC's Jim Cramer it's, Nash, Motors —, CarMax, hasn't Organizations: United Autoworkers Union, UAW, Detroit, Ford
☆ CarMax beats profit estimates powered by cost-cuts; shares jump
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +1 min
Shares of the pre-owned car retailer were up about 8% before the bell. Auto retailer AutoNation (AN.N), in April, missed Wall Street estimates for first-quarter revenue as higher new vehicle and after-sales demand was offset by weakness in used vehicle and customer financial service businesses. On Friday, CarMax reported an adjusted profit of $1.16 per share, compared with average analysts' expectation of 79 cents per share, as per Refinitiv data. Net revenue came in at $7.69 billion, compared with analysts' estimates of $7.53 billion. Reporting by Kannaki Deka and Nathan Gomes in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Persons: Bill Nash, CarMax, Kannaki Deka, Nathan Gomes, Shailesh Organizations: CarMax, Auto, Thomson Locations: Bengaluru
☆ CarMax shares crater as its huge earnings miss signals an end to the used car boom
  + stars: | 2022-09-29 | by ( Robert Hum | ) www.cnbc.com   time to read: +4 min
CarMax shares are cratering Thursday after the used car dealer posted one of its biggest earnings misses ever. That's the phrase generating all the headlines, but it's not the first time CarMax has used that line. It said it back in its June earnings report , too – when the company posted a 7-cent earnings beat. Is it that used car prices have suddenly gone through the roof, making purchases unaffordable? Yes, car prices are much higher than pre-pandemic, but prices have been elevated for about a year.
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