Core Insights - CarMax, Inc. has been recognized by TIME Magazine as one of America's Most Iconic Companies, celebrating its commitment to a transparent and customer-centric experience in the used car retail industry [1][3] Company Overview - CarMax is the largest retailer of used cars in the United States, with 255 stores nationwide and over 28,000 associates [6] - The company has been recognized for 21 consecutive years as one of the Fortune 100 Best Companies to Work For [6] Innovation and Customer Experience - CarMax transformed the car buying and selling process with its "no-haggle" pricing model, making it a straightforward and honest experience for customers [2][6] - Customers have the flexibility to shop online, in-store, or a combination of both, with options for express pickup or home delivery within a 60-mile radius of select stores [6][7] Recognition Criteria - The recognition by TIME and Statista was based on a multi-dimensional methodology that evaluated brand recognition, cultural influence, emotional connection, resilience, and "Americanness" [3][6] - The evaluation involved an independent survey of over 10,000 members of the U.S. general population conducted in the summer of 2025 [3] Customer Assurance - CarMax offers a 10-day Money Back Guarantee and a 30-day limited warranty with no mileage limitation and no deductible, providing peace of mind to customers [6][7] - The company allows customers to receive an online offer for their vehicle in two minutes or less, valid for seven days, and offers at-home pickup for sellers [8]

Carmax Inc. (NYSE:KMX) is one of the best used-car stocks to buy, according to hedge funds. Late last year, the company reiterated plans to boost ad spending as it seeks to repair its business. The company is racing against time to address a significant sales slump that has wiped out nearly half of its market value. CarMax, Inc. (KMX) Turns to Pricing and Marketing Actions to Revitalize Sales “We are optimistic that our immediate pricing and marketing actions will improve our sales performance, but press ...

On February 2, BML Capital Management, LLC disclosed a new position in CarMax (NYSE:KMX), acquiring 155,000 shares in an estimated $5.99 million trade based on quarterly average pricing. What happened According to an SEC filing dated February 2, BML Capital Management disclosed a new position in CarMax (NYSE:KMX), purchasing 155,000 shares during the fourth quarter. The estimated value of the trade was $5.99 million, based on the quarter-end share price. What else to know The new position in CarMax rep ...

分组1 - Giverny Capital Asset Management's portfolio returned 0.01% in Q4 2025, underperforming the S&P 500 which returned 2.66% [1] - Year-to-date, the fund achieved a return of 12.58%, compared to 17.88% for the S&P 500 [1] - The portfolio's underweight in large technology companies and overweight in smaller niche leaders negatively impacted performance [1] 分组2 - CarMax, Inc. (NYSE:KMX) was highlighted in Giverny Capital Asset Management's investor letter, with a one-month return of 15.88% but a 52-week loss of 46.84% [2] - As of January 29, 2026, CarMax's stock closed at $45.53 per share, with a market capitalization of $6.686 billion [2] - Giverny Capital Asset Management expressed disappointment in its relationship with CarMax, citing management's failure to adapt to industry conditions [3] 分组3 - CarMax reported total sales of $5.8 billion in Q3 of fiscal 2026, reflecting a 6.9% decline from the previous year due to lower volume [4] - Despite acknowledging CarMax's potential, Giverny Capital Asset Management believes certain AI stocks offer greater upside potential and less downside risk [4]

CarMax operates a nationwide network of used vehicle retail stores, offering financing and ancillary services to U.S. consumers.On January 22, Courant Investment Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold out its entire position in CarMax (KMX 3.22%), with the estimated transaction value at $11.11 million.What happenedAccording to a SEC filing dated January 22, Courant Investment Management sold its entire stake of 247,520 CarMax shares. The position’s quarte ...

Core Insights - Vulcan Value Partners reported positive results across all its strategies for the year, with the All-Cap Composite returning 1.3% in Q4 and 10.7% YTD, despite overvalued markets [1] - The firm emphasizes safety and long-term gains over short-term performance, drawing parallels to the late 1990s dot-com bubble and current AI disruptions [1] Company Highlights: CarMax, Inc. (NYSE:KMX) - CarMax, Inc. was added to Vulcan's All-Cap Strategy, with a one-month return of 21.80% and a 52-week loss of 42.19%, closing at $47.83 per share with a market cap of $5.826 billion [2] - CarMax is the largest used car retailer in the U.S. and has faced underperformance due to macroeconomic, competitive, and operational factors, including a depressed used car supply and increased competition from Carvana [3] - Despite competitive pressures, CarMax's customer experience, brand strength, scale, vertical integration, and omnichannel approach are seen as competitive advantages that will help it gain market share in a fragmented market [3] - The company is making operational changes to increase volumes, lower costs, and expand profitability, with expectations of a recovery in earnings as the used car market normalizes [3] - CarMax has a solid balance sheet, generates significant free cash flow, and is actively buying back shares at a discount to intrinsic value [3]

Core Insights - CarMax shares experienced a significant decline of 53% in 2025, attributed to a challenging market environment and declining sales [1] - The company is losing market share to competitors like Carvana, which reported a 44% increase in units sold last quarter [4] - CarMax's total revenue fell by 7% year-over-year to $5.8 billion in the third quarter of 2025, with a 2% decline in sales over the first nine months of the fiscal year [3] Company Performance - CarMax operates used car lots, promoting a no-haggle buying and selling process, which has allowed it to achieve significant scale in the U.S. market [2] - The company is facing declining volume, sales, and profit margins, which poses a risk to its stock price [3] - The resignation of CEO Bill Nash in December raised concerns among investors regarding the company's future [4] Market Position - CarMax's current price-to-earnings ratio (P/E) stands at 15, indicating a relatively low valuation after the stock's significant drop [6] - The company has high fixed costs, necessitating a certain level of unit volume to maintain profitability, which is currently under pressure due to declining sales [7] - If CarMax can stabilize its market share and profit margins, there is potential for stock recovery; however, continued competition from Carvana could hinder this [9]

Core Viewpoint - Grabar Law Office is investigating claims on behalf of shareholders of CarMax, Inc. regarding potential breaches of fiduciary duties by certain officers and directors [1] Group 1: Investigation Details - The investigation focuses on whether CarMax's officers and directors made false or misleading statements about the company's growth prospects [3] - Allegations include that CarMax overstated its growth due to temporary benefits from customer behavior influenced by speculation regarding tariffs [3] Group 2: Shareholder Actions - Shareholders who purchased CarMax shares prior to June 20, 2025, and still hold them can seek corporate reforms and the return of funds at no cost [2][4] - Interested shareholders are encouraged to contact Grabar Law Office for more information on the investigation and potential actions [2][4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CarMax, Inc. and has reminded investors of the January 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action filed against the company [1] Group 1 - The investigation is being conducted by a leading national securities law firm with offices in New York, Pennsylvania, California, and Georgia [1] - The federal securities class action has been filed against CarMax, Inc. [1]

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and November 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that defendants made false statements and concealed information regarding CarMax's growth prospects, which were overstated due to temporary benefits from customer purchases driven by speculation about tariffs [2]. - It is alleged that the statements made about CarMax's business operations and prospects were materially false and misleading, lacking a reasonable basis during the relevant time [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until January 2, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].