U.S. Supreme Court Invalidates Some Trump Tariffs, But Most Auto Industry Tariffs Remain In Effect
The U.S. Supreme Court has invalidated some tariffs enacted by the Trump administration under the International Emergency Economic Powers Act of 1977, deeming them unconstitutional. However, most auto industry-related tariffs, including those on auto parts, steel, aluminum, and vehicles, remain in effect as they were issued under other laws like the Trade Expansion Act of 1962. This ruling means that car buyers should not expect immediate drops in new-car prices, as automakers continue to bear significant tariff costs.
Lithia zigs toward older used cars while others zag
Lithia Motors is actively encouraging its dealerships to sell more used cars that are 9 years old or older, with CEO Bryan DeBoer stating that some stores are underpricing these "Value Autos." This strategy contrasts sharply with competitors like AutoNation and Penske Automotive, who are hesitant about older used vehicles due to reconditioning costs, reliability concerns, and potential customer dissatisfaction. Despite a slight dip in its "Value Autos" sales mix in Q4 2025, Lithia reported record revenue of $37.6 billion in 2025, emphasizing their commitment to this segment.
Conagra Brands appoints John Mulligan, Pietro Satriano to its board of directors
Conagra Brands has appointed John Mulligan and Pietro Satriano to its Board of Directors, increasing the board's size to 12 members. These appointments aim to strengthen the company's governance and bring additional operational and financial expertise, particularly in retail operations, supply chain resilience, and C-suite leadership. The move is expected to support Conagra's strategic focus on portfolio optimization, innovation, and shareholder returns in a competitive market.
Key facts: Baird Raises CarMax Price Target to $48 on Positive Forecasts
Baird has increased its price target for CarMax (KMX) to $48.00 per share, up from $44.00. This adjustment is based on optimistic industry forecasts for 2026, which anticipate improved inventory levels that are expected to boost sales for used car retailers.
Live Earnings Blog: Will Pan American Silver Soar After Earnings Tonight?
Pan American Silver (PAAS) shares surged 139% over the past year as silver prices broke through $80 per ounce. The company exceeded Q4 production guidance and reported record revenue and net earnings for Q4 2025 and FY 2025, surpassing analyst estimates. Investors are now focused on management's 2026 guidance, particularly regarding margin expansion, all-in sustaining costs, and capital allocation.
Conagra Brands Announces Appointment of John Mulligan and Pietro Satriano to its Board of Directors
Conagra Brands has appointed John Mulligan, former COO of Target, and Pietro Satriano, former CEO of US Foods Holding Corp., to its board of directors, increasing the board to 12 members. Both bring extensive experience in retail, corporate governance, and the food industry, which Conagra believes will support its strategy, technology integration, and innovation agenda.
Why Is CarMax (KMX) Stock Soaring Today
Shares of CarMax (NYSE: KMX) surged 7.4% after Baird increased its price target for the company from $42 to $48, maintaining an Outperform rating. This positive adjustment follows industry forecasts predicting a favorable used car market in 2026, with improved inventory levels expected to benefit retailers like CarMax. Despite today's gain, CarMax's shares are still trading significantly below their 52-week high.
Why Is CarMax (KMX) Stock Soaring Today
Shares of CarMax (KMX) jumped 7.4% after an analyst at Baird raised the company's price target to $48 from $42, maintaining an Outperform rating. This more optimistic valuation was influenced by industry forecasts predicting a favorable market for used car buyers in 2026 due to improved inventory levels. Despite the recent rise, CarMax's stock is still trading 49% below its 52-week high from February 2025.
Baird Raises Price Target for CarMax (KMX) to $48 | KMX Stock Ne
Baird has reaffirmed its "Outperform" rating for CarMax (KMX) and increased the price target from $44 to $48, reflecting a positive outlook on the company's future performance. This adjustment follows several recent analyst ratings for CarMax, with both increases and decreases in price targets. CarMax, the largest used-vehicle retailer in the US, aims to expand its market share beyond the current estimated 3.7% of vehicles 0-10 years old.
Carmax To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Wednesday
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4Season 4Runner: How Our Long-Term Toyota Does in the Snow
The article discusses the performance of a long-term 2025 Toyota 4Runner TRD Off-Road Premium in snowy conditions, highlighting limitations due to its part-time 4WD system and all-terrain tires. The author notes that while the SUV is capable off-road, its chosen setup is not ideal for severe winter weather, suggesting that full-time 4WD and dedicated winter tires would significantly improve its performance. The piece emphasizes the importance of understanding different 4WD/AWD systems and tire types for optimal safety and capability in various driving conditions.
Why Is CarMax (KMX) Stock Soaring Today
CarMax (KMX) stock jumped 7.4% today after an analyst at Baird raised its price target from $42 to $48, maintaining an Outperform rating. The improved outlook is attributed to industry forecasts predicting better inventory levels for used car buyers in 2026, which could positively impact retailers like CarMax. Despite today's rise, the stock is still trading 49% below its 52-week high, and investors who bought five years ago would have seen a significant decrease in their investment value.
Sonic Automotive Reports Fourth Quarter and Full Year Financial Results
Sonic Automotive announced its financial results for the fourth quarter and full fiscal year ended December 31, 2025. The company achieved all-time record annual revenues of $15.2 billion and record annual gross profit. Despite a dynamic environment, all segments—Franchised Dealerships, EchoPark, and Powersports—contributed to strong performance, with particularly notable improvements in EchoPark's segment income and adjusted EBITDA.
Why Is CarMax (KMX) Shares Surging Right Now
CarMax (KMX) shares surged by 7.4% after Baird analysts raised their price target from $42 to $48, reaffirming an Outperform rating. This upgrade is driven by predictions of a more favorable used car market in 2026 due to improved inventory. Despite a 15.7% year-to-date climb, the stock currently trades at $45.45, which is 49% below its 52-week peak.
CarMax Inc (KMX) Shares Up 2.99% on Feb 17
CarMax Inc (KMX) shares surged 2.99% in mid-day trading on February 17, closing at $42.67. This places the stock 52.31% below its 52-week high and 41.01% above its 52-week low. Analysts provide an average price target of $40.09, suggesting a potential downside, while GuruFocus estimates a one-year GF Value of $73.57, indicating a significant upside.
Drivers Underestimate the Annual Cost of Car Ownership by More Than $4,500, New Synchrony Survey Finds
A new survey by Synchrony reveals that drivers significantly underestimate the annual cost of car ownership, paying nearly 167% more than expected, a discrepancy of over $4,500. This misinformation puts a strain on household budgets and shifts consumer behavior, with many opting to keep their vehicles longer. The survey highlights that insurance is the biggest contributor to these rising costs, followed by maintenance and repairs, and indicates that younger generations (Gen Z and Millennials) are leading spenders across various car-related expenses.
OPENLANE Earnings: What To Look For From OPLN
OPENLANE (NYSE:OPLN) is set to announce its earnings this Wednesday before market open. Analysts are projecting a 4.1% year-on-year revenue growth to $473.4 million, with adjusted earnings expected at $0.27 per share. The company has a strong record of exceeding revenue estimates and analysts have reconfirmed their estimates leading up to the announcement.
CarMax named one of TIME’s America’s Most Iconic Companies
CarMax has been recognized by TIME Magazine as one of "America’s Most Iconic Companies" in a project celebrating the United States' 250th anniversary. The used car retailer was honored for its long-standing dedication to transparent and customer-centric experiences, including its "no-haggle" pricing model which revolutionized car buying. This recognition highlights CarMax's significant impact on American business, culture, and identity.
Avient Powers Through 2025 on Non-PFAS Innovation and SEM Momentum, Sets Sights on 2026 Growth
Avient Corporation reported its full-year and fourth-quarter 2025 results, demonstrating modest revenue growth, margin expansion, and reduced debt, driven by strategic execution and portfolio transformation. The company achieved adjusted EPS growth and expanded its adjusted EBITDA margin, despite mixed global demand. Avient is focusing on high-value engineered materials, non-PFAS innovation, and anticipates continued earnings growth in 2026 through operational discipline and a focused portfolio.
Targa Resources Shares Dip After Dividend Declaration
Targa Resources (TRGP) shares dipped slightly after the company declared a quarterly cash dividend of $1.00 per share for Q4 2025 and announced an intended increase to $1.25 for Q1 2026, subject to board approval. The company also confirmed the closure of its $1.25 billion acquisition of Stakeholder Midstream, which is expected to add significant fee-based revenue streams and enhance its Permian Basin operations.
AAP - Advance Auto Parts Inc Stock Price and Quote
Advance Auto Parts (AAP) reported beating Q4 2025 adjusted EPS expectations and declared a $0.25 dividend. The company plans a major footprint optimization, including closing over 700 stores and consolidating distribution centers for significant savings. Despite forecasting strong revenue and adjusted operating margin for 2026, concerns remain about achieving its 7% margin goal due to various headwinds.
AutoNation shifts gears from cars to bikes for pediatric cancer patients from Sylvester Comprehensive Cancer Center’s alex’s place
AutoNation associates built and donated bikes to pediatric cancer patients from Sylvester Comprehensive Cancer Center’s alex's place, aligning with the upcoming Dolphins Cancer Challenge DCC XVI event. This initiative is part of AutoNation's DRV PNK program, which supports cancer research and has raised significant funds. AutoNation is a long-standing supporter of Sylvester Comprehensive Cancer Center and the DCC.
The Truth About CarMax Inc: Is This Used-Car Giant Still Worth Your Money?
This article examines whether CarMax (KMX) is still a worthwhile option for car buyers and investors. It explores the company's no-haggle pricing, user experience, and safety net features, weighing them against potential higher prices compared to competitors. The article concludes that CarMax offers predictability and a low-stress buying experience, which may justify its premium for some, while others who prioritize cost savings might find better deals elsewhere.
Richmond-based CarMax appoints Keith Barr as new CEO
CarMax, Inc., headquartered in Goochland, Va., has announced the appointment of Keith Barr as its new President and CEO, effective mid-March. Barr, with over 25 years of executive experience including as CEO of InterContinental Hotels Group, replaces Bill Nash who departed in December. This leadership change follows recent layoffs at CarMax, including over 100 employees in the Richmond area.
Asbury seeks to sell 8 more dealerships in 1st quarter as company continues to pay off Herb Chambers deal
Asbury Automotive Group plans to sell eight more dealerships in the first quarter, continuing its strategy to reduce debt incurred from the Herb Chambers acquisition. This follows the recent sale of nine dealerships, including one to Matt Bowers Auto Group. The divestitures aim to strengthen Asbury's financial position.
The Truth About CarMax Inc: Is This Used-Car Giant Still Worth Your Money?
This article examines whether CarMax (KMX) is still a worthwhile option for used-car buyers amidst changing market conditions and increasing competition. It analyzes CarMax's "no-haggle" pricing, user experience, and safety net features, contrasting them with rivals. The piece also briefly touches on KMX as an investment, advising potential investors to consider market trends and company strategy.
Richmond-based CarMax appoints Keith Barr as new CEO
CarMax, Inc., based in the Richmond area, announced that Keith Barr has been appointed as its new President and CEO, effective mid-March. Barr brings over 25 years of executive leadership experience, including a recent role as CEO of InterContinental Hotels Group. This leadership change follows the resignation of previous CEO Bill Nash and recent employee layoffs.
CarMax Taps Former Hotel CEO Keith Barr After Sales Slump
CarMax has appointed Keith Barr, former CEO of InterContinental Hotels Group Plc, as its new President and CEO, effective March 16. This move comes after the used car retailer terminated its previous CEO in November due to lagging sales and a significant slump in stock value. Barr is expected to modernize the company and revive performance, leveraging his experience in digital transformation and customer experience improvements.
CarMax taps former IHG chief Keith Barr as CEO
CarMax has appointed Keith Barr, former CEO of InterContinental Hotels Group, as its new chief executive, effective March 16. Barr will lead the used-car retailer through a turnaround plan amidst challenges like lower demand and margin pressures, as the company previously acknowledged a need for change after its former CEO stepped down.
Albemarle Earnings: Shares Sell Off Despite Strong Profit Growth Outlook Above Consensus
Albemarle's shares fell 7% despite fourth-quarter earnings showing improved sequential lithium prices and a management outlook above consensus estimates. Morningstar maintains its $200 fair value estimate for Albemarle, viewing it as slightly undervalued with a Very High Uncertainty Rating. The company anticipates substantially improved profits and free cash flow in 2026 due to higher lithium prices, even with reduced medium-term volume growth assumptions.
Chain Store Age will be closed on Presidents Day
Chain Store Age announced that its offices will be closed on Monday, February 16, in observance of Presidents' Day. Publication of DayBreaker will resume the following day, Tuesday, February 17. The article also includes several other news briefs about executive appointments, new tech features, and retail acquisition bids.
CarMax, with eyes on Carvana, taps hotel executive known for customer experience, digital transformation as new CEO
CarMax has appointed Keith Barr, former CEO of InterContinental Hotels Group, as its new president and CEO, effective March 16. Barr is known for his expertise in customer experience and digital transformation, which CarMax hopes will help it compete with companies like Carvana. He previously led a global hotel chain with over 345,000 employees across 6,000 properties.
Academy Sports Outdoors stock hits 52-week high at $60.35
Academy Sports Outdoors Inc. (ASO) recently hit a new 52-week high of $60.35, driven by a 12.55% increase over the past year and a 19.02% year-to-date return. Despite this rally, InvestingPro analysis suggests the stock remains undervalued based on Fair Value estimates, supported by a healthy P/E ratio and aggressive share buybacks. Analyst opinions are mixed, with some raising price targets due to strong performance and future catalysts like the 2026 World Cup, while others maintain more cautious ratings.
This or That: Toyota Highlander or Grand Highlander | Videos
This article and video compare the Toyota Highlander and Grand Highlander, highlighting their differences in size, cargo space, legroom, and powertrain options. The Grand Highlander offers more rear passenger and cargo room and additional hybrid choices, while surprisingly starting at a lower base price due to its front-wheel-drive and lower trim level. The reviewer, a dad of three, ultimately recommends the Grand Highlander for families needing more space.
CarMax names Keith Barr as chief executive officer
CarMax Inc. has appointed Keith Barr as its new President and Chief Executive Officer, effective March 16, 2026. Barr previously served as CEO of InterContinental Hotels Group and is currently on the board of MGM Resorts. This appointment follows Bill Nash's stepping down in November 2025, with current interim CEO David McCreight returning to his role as an independent director and Tom Folliard remaining as interim executive chair until June 2026.
CarMax names Keith Barr as chief executive officer
CarMax Inc. has appointed Keith Barr as its new President and Chief Executive Officer, effective March 16, 2026, succeeding Bill Nash. Barr previously served as CEO of InterContinental Hotels Group and is currently on the board of MGM Resorts. David McCreight, interim president and CEO, will return to his role as an independent director, while Tom Folliard will remain interim executive chair until June 2026.
Wallace Weitz Exits CarMax Inc, Impacting Portfolio by -1.58%
Wallace Weitz submitted his 13F filing for Q4 2025, revealing significant changes to his portfolio. He completely exited four holdings, most notably CarMax Inc (KMX), and reduced stakes in 17 others, including Charter Communications Inc (CHTR) and Alphabet Inc (GOOG). Conversely, he added Euronet Worldwide Inc (EEFT) and increased positions in 12 stocks, with the largest increase in Liberty Broadband Corp (LBRDK).
CarMax appoints Keith Barr as president and chief executive officer
CarMax, Inc. (NYSE: KMX) has appointed Keith Barr as its new president and chief executive officer, effective March 16, 2026. Barr, who also joins the company's board, previously served as CEO of InterContinental Hotels Group and is credited with enhancing customer experience and leading digital transformations. David McCreight will return to his role as an independent director, while Tom Folliard will remain interim executive chair until June 2026.
CarMax names new CEO: What we know about Keith Barr
CarMax has announced Keith Barr, formerly of InterContinental Hotels Group (IHG), as its new President and CEO. Barr's appointment comes as CarMax seeks to navigate a "critical juncture" and drive future growth, following recent layoffs and leadership changes. He brings experience in enhancing customer experience, leading digital transformations, and building brand loyalty.
CarMax names Keith Barr as new CEO
CarMax, the largest retailer of used automobiles in the nation, has appointed Keith Barr as its new President and Chief Executive Officer, effective March 16. Barr previously served as CEO of InterContinental Hotels Group (IHG) and brings over 25 years of executive leadership experience to the role. This leadership change follows a period of disappointing financial results and workforce reductions for CarMax.
CarMax Names a New CEO. He’s Not a Car Guy.
CarMax has appointed a new CEO from outside the auto industry, signaling a strategic move to revitalize the company after its post-pandemic struggles. This change in leadership aims to kickstart a turnaround for the used car retailer.
CarMax Appoints Keith Barr as New President and CEO
CarMax has appointed Keith Barr, former CEO of InterContinental Hotels Group, as its new President and CEO, effective March 16, 2026. This move signals CarMax's strategy to bolster its omni-channel growth and leverage technology for efficiency in the competitive used-vehicle market. Barr's extensive experience in digital transformation and customer experience is expected to deepen customer engagement and uphold CarMax's market position.
CarMax Taps Hotel Veteran to Lead Turnaround
CarMax, the largest used-car retailer in the U.S., has appointed Keith Barr, the former CEO of InterContinental Hotels Group, as its new leader. Barr will take over in March, with the aim of revitalizing CarMax's stagnant sales performance since 2022. This move signals a strategic effort to turn around the company's fortunes by bringing in leadership from a different industry sector.
CarMax Names Keith Barr as Chief Executive Officer
CarMax, Inc. announced the appointment of Keith Barr as President, Chief Executive Officer, and a member of the Board of Directors, effective March 16, 2026. Barr previously served as CEO of InterContinental Hotels Group, bringing extensive leadership experience in consumer-centric businesses. David McCreight will return to his role as an independent Director, and Tom Folliard will remain Interim Executive Chair until June 2026.
CarMax Names Keith Barr as Chief Executive Officer
CarMax, Inc. announced the appointment of Keith Barr as President and Chief Executive Officer, effective March 16, 2026. Barr previously served as CEO of InterContinental Hotels Group and is expected to lead CarMax into its next phase of growth by focusing on customer experience, digital transformation, and brand loyalty. David McCreight will return to his role as an independent Director of the Board, and Tom Folliard will resume his duties as non-executive Chair after the June 2026 Annual Meeting.
CarMax Names Keith Barr as Chief Executive Officer
CarMax, Inc. (NYSE: KMX) has announced the appointment of Keith Barr as its new President and Chief Executive Officer, effective March 16, 2026. Barr, a seasoned leader with extensive experience in driving growth and operational excellence in consumer-centric businesses, including a significant tenure at InterContinental Hotels Group, will also join the Board of Directors. David McCreight will return to his role as an independent Director, and Tom Folliard will continue as Interim Executive Chair until June 2026.
CarMax Names Keith Barr as Chief Executive Officer
CarMax, Inc. announced the appointment of Keith Barr as President and Chief Executive Officer, and a member of its Board of Directors, effective March 16, 2026. Barr previously served as CEO of InterContinental Hotels Group. David McCreight, interim CEO, will return to his role as an independent Director, and Tom Folliard will remain Interim Executive Chair until June 2026.
Exclusive | CarMax Taps Hotel Veteran to Lead Turnaround
CarMax, the largest used-car retailer, is bringing in former IHG Hotels & Resorts CEO Keith Barr to lead a turnaround. Barr, expected to be announced Thursday and start in March, will focus on improving online sales and reducing costs for vehicle acquisition and reconditioning. This leadership change comes as CarMax's sales have stalled since 2022 and its previous CEO departed in November.
CarMax Names Keith Barr as Chief Executive Officer
CarMax has appointed Keith Barr as its new President and Chief Executive Officer, effective March 16, 2026. Barr previously served as CEO of InterContinental Hotels Group, bringing extensive experience in leadership, customer experience enhancement, and digital transformation to CarMax. David McCreight will return to his role as an independent Director, and Tom Folliard will remain Interim Executive Chair until the Annual Meeting in June 2026.
Scorpio Tankers (STNG) Q4 Earnings Report Preview: What To Look For
Scorpio Tankers (NYSE:STNG) is set to announce its Q4 earnings, with analysts expecting an 18.7% year-on-year revenue growth to $228 million and adjusted earnings of $1.55 per share. The company met revenue and beat EBITDA and EPS estimates last quarter, although its total vessel count decreased. Investor sentiment in the transportation and logistics sector has been positive, with Scorpio Tankers experiencing a 25.6% stock price increase over the last month.
