CarMax Cuts Ties With CEO, Expects Weak Third Quarter

The Wall Street JournalThursday, November 6, 2025 at 4:10:00 PM
CarMax Cuts Ties With CEO, Expects Weak Third Quarter

CarMax Cuts Ties With CEO, Expects Weak Third Quarter

CarMax has made the significant decision to terminate CEO Bill Nash amid expectations of a challenging third quarter, with projected used-unit sales declining by 8% to 12%. This leadership change highlights the company's struggles in a competitive market and raises concerns about its future performance, making it a crucial moment for investors and stakeholders.
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