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CarMax, Inc. (KMX) Class Action Lawsuit: Levi & Korsinsky Reminds Investors of January 2, 2026 Deadline
Newsfile· 2025-11-18 21:25
New York, New York--(Newsfile Corp. - November 18, 2025) - If you suffered a loss on your CarMax, Inc. (NYSE: KMX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=178005&wire=5&utm_campaign=1or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A class ...
KMX CLASS NOTICE: BFA Law Alerts CarMax, Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 2 Deadline
Newsfile· 2025-11-18 20:33
KMX CLASS NOTICE: BFA Law Alerts CarMax, Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 2 DeadlineNovember 18, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 18, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company's senior executives for securities fraud after a significant stock drop resul ...
CarMax outlook clouded by soft securitization trends, leadership changes
Proactiveinvestors NA· 2025-11-18 18:20
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
KMX INVESTOR ALERT: CarMax, Inc. (KMX) Class Period in Securities Class Action Expanded Amid CEO Termination-- Hagens Berman
Prnewswire· 2025-11-18 16:06
Core Viewpoint - A new securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include investors who acquired CarMax securities between June 20, 2025, and November 5, 2025, following significant market reactions to the company's leadership changes and financial disclosures [1][2][3]. Group 1: Class Action Details - The expanded class period now includes investors affected by the announcement of CEO Bill Nash's termination, which led to a share price drop of $9.48, or 23%, on November 6, 2025 [2]. - The lawsuit focuses on allegations that CarMax misled investors regarding its business model and growth prospects, particularly in light of its Q1 2026 earnings claims [3][4]. Group 2: Financial Performance - On June 20, 2025, CarMax reported a double-digit EPS growth for Q1 2026, claiming a strong market position, but the lawsuit alleges this was misleading as it did not account for consumers pulling forward purchases to avoid tariffs [4]. - CarMax's Q2 2026 results revealed a 24% year-over-year decline in net EPS, a 5.4% drop in retail used unit sales, and a 6.3% decrease in comparable store used unit sales [5]. - Concerns were raised about the quality of CarMax's Auto Finance loan portfolio, with an 11.02% revenue decline attributed to a $142 million loan loss provision, marking a nearly 40% sequential increase and a 24% year-over-year rise [6]. Group 3: Market Reaction and Analyst Commentary - Following the CEO's termination, analysts expressed concerns that the situation indicated deeper issues within CarMax, shifting perceptions from a value play to a potential "falling knife" scenario [7].
CarMax Rolls Out Nationwide At-Home Pickup— Sell Your Car Without Leaving Your Driveway
Globenewswire· 2025-11-18 14:00
New Offer Watch tool lets customers track their vehicle’s value over time and choose when to sell CarMax Rolls Out Nationwide At-Home Pickup— Sell Your Car Without Leaving Your Driveway New Offer Watch tool lets customers track their vehicle’s value over time and choose when to sell CarMax Rolls Out Nationwide At-Home Pickup— Sell Your Car Without Leaving Your Driveway New Offer Watch tool lets customers track their vehicle’s value over time and choose when to sell RICHMOND, VA, Nov. 18, 2025 (GLOBE ...
Investors in CarMax, Inc. Should Contact Levi & Korsinsky Before January 2, 2026 to Discuss Your Rights – KMX
Globenewswire· 2025-11-17 20:47
NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and September 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-subm ...
KMX SECURITIES ALERT: BFA Law Notifies CarMax, Inc. Investors of Important January 2 Securities Class Action Deadline
Newsfile· 2025-11-17 20:18
KMX SECURITIES ALERT: BFA Law Notifies CarMax, Inc. Investors of Important January 2 Securities Class Action DeadlineNovember 17, 2025 3:18 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 17, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting from the p ...
Class Action Lawsuit Filed: CarMax, Inc. (KMX) - Join by January 2, 2026 - Contact Levi & Korsinsky
Newsfile· 2025-11-17 14:17
New York, New York--(Newsfile Corp. - November 17, 2025) - If you suffered a loss on your CarMax, Inc. (NYSE: KMX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=177691&wire=5&utm_campaign=8or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A class ...
CARMAX, INC. (NYSE: KMX) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds CarMax, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-11-17 14:00
NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? Do you, or did you, own shares of CarMax, Inc. (NYSE: KMX)?Did you purchase your shares between June 20, 2025 and November 5, 2025, inclusive?Did you lose money in your investm ...
Paige Bueckers and Donovan Mitchell Take the Wheel in CarMax’s “Wanna Drive?” Campaign
Globenewswire· 2025-11-17 14:00
The new faces of CarMax prove that confidence isn’t just for game day Paige Bueckers and Donovan Mitchell Take the Wheel in CarMax’s “Wanna Drive?” Campaign The new faces of CarMax prove that confidence isn’t just for game day Paige Bueckers and Donovan Mitchell Take the Wheel in CarMax’s “Wanna Drive?” Campaign The new faces of CarMax prove that confidence isn’t just for game day RICHMOND, VA, Nov. 17, 2025 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars and ...