CarMax, Inc vs Tapestry, Inc. — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while Tapestry, Inc. trades at $140.62 (market cap $28.51B). The key difference: Tapestry, Inc. is far larger — about 3.6× CarMax, Inc's market cap, and Tapestry, Inc. pays a 1.13% dividend while CarMax, Inc pays none. Which is the better fit depends on your goals.
| KMX | TPR | |
|---|---|---|
Market Cap | $7.93B | $28.51B |
Sector | Consumer Cyclical | Consumer Cyclical |
52-Week High | $63.53 | $160.49 |
52-Week Low | $30.88 | $95.69 |
Enterprise Value | $26.44B | $31.37B |
Dividend Yield | — | 1.13% |
Trailing returns across standard periods
CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue between $33 billion to $45 billion by fiscal 2026. CarMax is based in Richmond, Virginia.
Read more on KMX →Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women's footwear.
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