The used car sector’s softening retail demand continues to influence CarMax Auto Finance’s lending volume. While gross profit per unit has marginally improved, Wall Street anticipates mid-single-digit earnings growth contingent on the broader consumer credit environment. Chris Bottiglieri (BNP Paribas) probed the company’s approach to expanding credit penetration into riskier segments. Nash clarified, “We are not talking about deep subprime,” and emphasized a disciplined approach to credit expansion. If you’d like more information and answers to frequently asked questions about the CarMax investigation, read more » Technical chart patterns show KMX forming a base above its 50-day moving average, with CarMax Auto Finance loan book stability serving as a fundamental underpinning. Traders see potential upside if delinquency trends improve over the next quarter.
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