Class A Commercial Driver
About the job
- Candidates must be at least 21 years old and hold a valid state-issued driver’s license.
- Candidates must have a clean driving record with no serious violations in the past three years and meet CarMax’s Driver Safety Evaluation criteria.
- Candidates must be able to lift and carry up to 50 pounds; secure, block, and restrain vehicles; and perform repetitive physical tasks including pulling, torquing, and tensioning chains, binders, and straps to meet FMCSA and CarMax load securement standards.
- Candidates must be able to climb, bend, and kneel to access and secure vehicles on multi-level transport decks.
- Candidates must meet DOT and FMCSA qualification requirements.
- Candidates must be comfortable working outdoors, including exposure to noise and inclement weather.
- Candidates must hold a valid state-issued Class A Commercial Driver’s License.
- Candidates must have at least two years of Class A CDL driving experience; military heavy/medium tactical vehicle experience is considered.
- Conduct thorough pre-trip and post-trip inspections in compliance with DOT and CarMax standards using a company hauler.
- Maintain accurate and compliant DOT logs and documentation.
- Load, secure, transport, and unload CarMax vehicles safely and efficiently, including hands-on freight handling and working outdoors in all weather conditions.
- Move vehicles between CarMax locations and approved vendors using a company-provided truck, keeping equipment clean, well-maintained, and operationally ready.
- Deliver vehicles accurately and on time to support inventory flow and keep customers and stores on schedule.
- Interact professionally with vendors, store associates, and the public.
About the company
CarMax buys used cars from individuals and auctions, reconditions them to high standards, and sells them at fixed no-haggle prices. Customers can browse inventory, get appraisals, and complete purchases online or in-store, with financing options and extended service plans available. It stands out by offering transparent, fixed pricing, a technology-enabled shopping experience, and being the largest used-car retailer in the United States. Its goal is to provide a straightforward, trustworthy car-buying experience and to maintain leadership in the U.S. used-car market.
Company Size
10,001+
Company Stage
IPO
Headquarters
Richmond, Virginia
Founded
1993
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Simplify's Take
What believers are saying
- September 29, 2026 EPS hit $1.16; revenue rose 19.5 percent to $7.9 billion.
- Used retail comps climbed 13 percent, far above the flat 2026 used-car market.
- CarMax restarts buybacks in Q3 FY2027 and hosts a November 3 strategy update.
What critics are saying
- CarMax cut 145 corporate jobs on September 2026, exposing ongoing cost pressure.
- Used-car affordability and high rates crushed entry-level demand; Q4 2026 stays fragile.
- If AI pricing and digital execution miss, CarMax loses share to dealers and marketplaces.
What makes CarMax unique
- CarMax’s no-haggle model still simplifies used-car buying versus dealer negotiation.
- Shift into GEAR centralizes strategy, AI, pricing, and digital customer experience.
- Edmunds, online tools, and stores create one national omnichannel used-car funnel.
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Benefits
Professional Development Budget
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 10%1 year growth
↑ 10%2 year growth
↑ 10%CarMax (KMX) stock: EPS jumps 81 percent to $1.16 as Buybacks resume in Q3. CarMax posted a broad earnings beat on September 29, with second-quarter EPS of $1.16, up 81 percent from a year ago. Revenue rose 19.5 percent to $7.9 billion, used retail comps grew 13 percent, and the company said it will resume share repurchases this quarter after a long pause. The setup. The used-car market has been rough for two years, with sluggish affordability and high loan rates pressuring demand. CarMax's results show the company winning share anyway. Management credited its Shift into GEAR strategy, which emphasizes competitive pricing, a redesigned extended protection plan, wider financing options, and lower costs. Analysts expected about $0.73 in EPS and $7.03 billion in revenue, so the print cleared both bars by a wide margin. Shares rose more than 6 percent in premarket trading to near $60 after closing at $56.55 the day before. Key numbers from the quarter. | Metric | Q2 FY2027 result | Change | | Diluted EPS | $1.16 | Up 81.3 percent from $0.64 | | Total revenue | $7.9 billion | Up 19.5 percent | | Used retail comps | Up 13 percent | Industry roughly flat to down 1 percent | | Vehicles sold, retail and wholesale | About 388,000 | Up 15 percent | | Total gross profit | $799 million | Up 11 percent | | CarMax Auto Finance income | $135.6 million | Up 32.1 percent | Why earnings grew faster than sales. The beat came from several levers working at once. Extended protection plan margin per retail unit rose $46 to $623. Auto finance income jumped 32 percent as the loan-loss provision fell $28.8 million from a year ago. SG&A grew just 4.6 percent while units climbed 15 percent, meaning overhead per unit improved by $157, or 8.8 percent. Retail gross profit per unit fell $111 to $2,105, which management framed as a deliberate choice. The company lowered prices to win customers, then made up the difference through volume, service, protection products, and cost cuts. The strategy showed up directly in the comp growth, which ran about 14 points ahead of the overall used-car market. What buybacks mean for shareholders. CarMax has $1.31 billion of repurchase authorization remaining. Management plans to restart the program in the third fiscal quarter at a modest pace, below the average quarterly run rate from before the pause. The table shows the shareholder-return picture. | Item | Amount | | Repurchase authorization remaining | $1.31 billion | | Buyback pace, Q3 FY2027 | Modest, below pre-pause average | | SG&A savings target, exit rate | $200 million by end of fiscal 2027 | | Expected severance charge, Q3 | About $6 million | | Pension settlement charges, over time | About $50 million | Buybacks at current prices retire more shares per dollar than they did when the stock traded near its 52-week high of $65.28. A buyer purchasing CarMax today alongside management gets a shrinking share count and a cost base falling by hundreds of millions of dollars. What to watch. * GPU guidance. Management now expects full-year retail gross profit per unit to decline less than the $200 previously guided. Third and fourth quarters should still show declines, but smaller ones. * Financing costs. CarMax Auto Finance depends on securitization markets and consumer credit. The weighted average contract rate hit 11.8 percent, up 60 basis points year over year, and higher rates could cool demand. * Loan losses. The allowance for loan losses rose to 3.07 percent of loans held for investment, up from 2.95 percent in May. Tier 2 originations are growing, which carries higher expected loss rates by design. * The November 3 strategic update. Management will lay out growth plans and milestones at a virtual event, which is the next scheduled catalyst for the stock. Bottom line. The quarter shows a retailer executing well in a hard market: 13 percent comps against a flat industry, SG&A discipline, and a buyback restarting. Risks sit in credit costs and used-vehicle affordability. With the stock near the top of its 52-week range, most of the beat is likely already priced in, but the cost cuts and share repurchases give the story room to run.
CarMax's quarterly profit, revenue rise as pricing boosts used-car sales. Published on 09/29/2026 at 06:52 am EDT - Modified on 09/29/2026 at 10:34 am EDT Sept 29 (Reuters) - CarMax on Tuesday reported a rise in second-quarter profit and revenue, as the used-car retailer leaned on its pricing strategy to drive a rebound in sales, sending its shares up nearly 10%. Higher interest rates and a tighter availability of cheap vehicles in an already inflationary environment have been prompting consumers to hold on to their older cars for longer. Additionally, a shortage of cheaper vehicles in the $10,000 to $15,000 price range has made it difficult for retailers to attract entry-level buyers. Used vehicles priced below $15,000 had only 29 days' supply, 15 days below the industry average, according to data from Cox Automotive. However, CarMax has managed to offset those pressures by using pricing actions to chase volume over profit per vehicle. CarMax saw its higher-income customer base widen during the second quarter, prompting the retailer to shift its inventory toward newer, lower-mileage vehicles, CEO Keith Barr told Reuters. The company reported a modest shift toward hybrids and electric vehicles, but gas-powered vehicles still accounted for the vast majority of sales, he said. Its retail gross profit per used vehicle fell to $2,105 in the second quarter from $2,216 a year earlier, while retail used-vehicle sales rose 13.8% to 227,391 vehicles. CarMax's overall net revenue rose about 20% to $7.9 billion in the three months ended August 31 from a year ago. Its quarterly profit rose to $165.3 million, or $1.16 per share, compared with $95.4 million, or $0.64 per diluted share, from a year earlier. (Reporting by Nathan Gomes in Bengaluru; Editing by Shreya Biswas) By Nathan Gomes (C) Reuters - 2026
CarMax announces leadership appointments to further unify end-to-end customer experience, advance strategy for growth. * 4 hrs ago CarMax, Inc. (NYSE: KMX) today announced two key leadership appointments to advance the company's new Shift into GEAR strategy for growth and strengthen its industry-leading customer experience. Elizabeth Dirgins, CarMax Executive Vice President, Chief Digital and Customer Officer Elizabeth Dirgins has been named Executive Vice President, Chief Digital and Customer Officer, a newly created role that will further unify the end-to-end customer experience, from customer acquisition through vehicle transaction. In this capacity, Dirgins will oversee the company's marketing, product and Edmunds teams, including the digital tools that support both the online and in-store experience. With more than two decades of digital product and customer experience leadership, Dirgins joins CarMax from Volkswagen Financial Services, where she served as the Chief Digital Officer for its North American region and led digital strategy, customer experience and marketing for the business. Dirgins previously held customer experience and product strategy leadership roles at Capital One, Wells Fargo, and Marriott. She will join CarMax on October 5 and report to CarMax President and CEO Keith Barr. CarMax announced the promotion of Jeff Campbell to Senior Vice President of Strategy, leading a newly centralized function that brings together the company's strategy, data science, AI, and pricing teams in order to accelerate key decisions. Campbell joined CarMax in 2016 and has held leadership roles spanning transformation, product and strategy. He most recently served as Vice President of Product, leading the Supply Product group and the Supply Strategy function, while also playing an instrumental role in the development of CarMax's new strategic plan. Campbell joined CarMax from Boston Consulting Group. His appointment was effective in August, and he will report to Barr beginning in January 2027. "Elizabeth and Jeff both bring the skills, experience and focus we need as we build a faster, more connected company that puts the customer at the center of everything we do," said Keith Barr, CarMax President and CEO. "Elizabeth has spent her career building digital experiences and financial products grounded in deep customer understanding, and she'll bring an invaluable perspective to guiding customers through this carefully considered, complex purchase. Jeff has been instrumental in shaping our strategy over the last decade, and in his new role he will support the delivery of our strategic plan with the speed and alignment it demands. I know they'll both create confidence for the road ahead for every customer we serve." "CarMax has built real trust with customers over decades, and I'm excited to continue to grow this beloved brand," said Dirgins. "CarMax gives customers the ease of shopping online with the confidence that comes from seeing and confirming their choice in person. My focus will be making sure that we make every step in the customer's car buying and selling journey simple, fast and connected." "We have a strong strategic plan for growth and incredible runway ahead," said Campbell. "I'm excited about my new role and am grateful for the incredible associates I get to work with in this next chapter. Bringing our strategy, data and pricing teams together will give us a clearer, shared view of the business, which will enhance our decision making." These moves reflect CarMax's continued execution of its strategic plan to strengthen its position as the nation's largest used car retailer. CarMax will host a virtual Strategic Update on November 3 at 8 a.m. ET to provide more details on the company's growth strategy, key initiatives and milestones. About CarMax CarMax, the nation's largest retailer of used autos, has earned customers' trust for more than 30 years by leading with integrity, transparency and honesty. CarMax continues to redefine car buying and selling for millions of customers, delivering the easy and confident experience they love. CarMax has more than 255 store locations, approximately 28,000 associates, and is proud to have been recognized for 22 consecutive years as one of the Fortune 100 Best Companies to Work For(R). During the fiscal year that ended February 28, 2026, CarMax sold approximately 780,000 used vehicles and 540,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated $8 billion in auto loans during fiscal 2026, adding to its $16 billion portfolio. CarMax is committed to helping its communities thrive and reducing the environmental footprint of its operations. Learn more in the 2026 Responsibility Report. For more information, visit www.carmax.com. Media gallery
CarMax names a new Chief Digital and Customer Officer as it centralizes strategy, AI, and pricing. 29 September 2026, 8:29 AM Leadership changes aim to unify the customer journey while speeding up decisions through a centralized strategy function. CarMax (NYSE:KMX) announced two leadership appointments tied to its "Shift into GEAR" strategy for growth: Elizabeth Dirgins will join as Executive Vice President, Chief Digital and Customer Officer, and longtime CarMax leader Jeff Campbell has been promoted to Senior Vice President of Strategy. The company framed both moves around two goals: (1) tightening the connection between online and in-store experiences across the full buying and selling journey, and (2) accelerating decision-making by bringing strategy, data science, AI, and pricing under one umbrella. Elizabeth Dirgins' newly created role consolidates marketing, product, and Edmunds under one customer experience leader. CarMax said Elizabeth Dirgins will join on October 5 as Executive Vice President, Chief Digital and Customer Officer, a newly created role designed to "further unify the end-to-end customer experience, from customer acquisition through vehicle transaction." In this position, Dirgins will oversee the company's marketing, product and Edmunds teams, including the digital tools supporting both online and in-store experiences.
CarMax cuts about 60 Richmond-area jobs. By: WTVR Web Staff Posted 10:37 AM, Sep 18, 2026 and last updated 8:24 AM, Sep 19, 2026 GOOCHLAND COUNTY, Va. - CarMax has laid off approximately 145 corporate employees, with about 60 of those positions cut from the Richmond area. The used car retailer said this week the workforce reduction also impacted corporate offices in Dallas, Atlanta and at Edmunds, which is affiliated with CarMax. In a statement, CarMax said the decision was made to support its strategic priorities and operate with a leaner corporate workforce. Kidschanceva has made the difficult decision to reduce its corporate office staffing by approximately 145 associates to support its strategic priorities and operate with a leaner corporate workforce. These changes will help Kidschanceva move faster and create better alignment across teams. By running leaner as an organization, Kidschanceva is positioning CarMax to be more competitive, drive sustainable growth, and provide even more value for its customers. Its primary focus is supporting its associates throughout this transition. Kidschanceva is grateful for their contributions to CarMax and are committed to supporting them as they take their next step. Kidschanceva is providing resources to the associates who are impacted, including providing severance, outplacement support, and the opportunity to apply for open internal roles. Kidschanceva has approximately 70 open corporate roles, as well as many more open field roles, and are working with interested impacted associates to find opportunities to stay with CarMax.