NEW YORK, Dec. 19, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of CarMax, Inc. (NYSE: KMX) between June 20, 2025 and November 5, 2025, both dates inclusive (the “Class Period”) of the important January 2, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased CarMax securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or co ...

Core Insights - CarMax is currently facing financial challenges, including declining revenues and unit sales, which have led analysts to set a price target of $36 for its stock, indicating potential downside from its current trading price of $39.34 [1][3] Company Overview - CarMax, Inc. is a leading retailer of used vehicles in the United States, operating through two segments: CarMax Sales Operations and CarMax Auto Finance. The company is facing competition from other used car retailers and online platforms [2] Financial Performance - In Q3 2025, CarMax reported an 8% decrease in retail used vehicle unit sales and a 12.9% reduction in total gross profit, attributed to intense competition and stabilization of used car prices [3] - The stock has fluctuated between $38.34 and $41.97 on a recent trading day, with a market capitalization of approximately $5.91 billion and a trading volume of 12.26 million shares on the NYSE [4] Management Actions - Despite the financial challenges, CarMax is actively repurchasing shares, with $1.36 billion authorized for this purpose, signaling management's confidence in the company's future prospects [4]

CarMax Inc. (NYSE:KMX) reported better-than-expected third-quarter 2025 earnings on Thursday.The used-car retail giant reported earnings per share of 43 cents, beating the analyst consensus estimate of 39 cents. Adjusted earnings per share for the quarter were 51 cents, which excluded restructuring charges of 8 cents per share. Quarterly sales of $5.794 billion, down 6.9% year-over-year, surpassed the Street view of $5.678 billion.“Our unmatched physical and digital infrastructure, beloved national brand, a ...

CarMax Inc. (NYSE:KMX) reported better-than-expected third-quarter 2025 earnings on Thursday.The used-car retail giant reported earnings per share of 43 cents, beating the analyst consensus estimate of 39 cents. Adjusted earnings per share for the quarter were 51 cents, which excluded restructuring charges of 8 cents per share. Quarterly sales of $5.794 billion, down 6.9% year-over-year, surpassed the Street view of $5.678 billion.“Our unmatched physical and digital infrastructure, beloved national brand, a ...

Legal Analysis: Undisclosed Business Weakness & Risk The complaint details the alleged gap between the Company's public statements about sustainable growth and the undisclosed material adverse facts regarding its operational and financial stability. | Disclosure Event | Impact on KMX Stock Price | Alleged Securities Violation Revealed | | --- | --- | --- | | Q2 2026 Earnings | Stock fell 20%; comparable | Misrepresenting the nature of demand; failing to disclose | | (Sept. 25, 2025) | unit sales down 6.3%. ...

Key Takeaways CarMax posted Q3 EPS of $0.51, topping estimates, while revenues of $5.8B declined 6.9% year over year.KMX used-vehicle sales fell 7% as units dropped 8%, partly offset by a 0.9% rise in average selling price.CarMax saw wholesale revenues down 6.3%, auto finance income up 9.3%, and repurchased $201.6M in shares.CarMax Inc. (KMX) reported third-quarter fiscal 2026 (ended Nov. 30, 2025) adjusted earnings per share of 51 cents, which beat the Zacks Consensus Estimate of 32 cents. The bottom line ...

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Two investors whom I greatly respect, Akre Capital Management and Giverny Capital Management, had held a position in CarMax ( KMX ) for a long time in their funds. That's why I took a closer look atMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. The ideal scenario is for these companies to demonstrate a long-term capability of capital compounding, with a high enough compound annual growth rate to pote ...

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 FY 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [5]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [5]. - Following the financial report, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [6]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock drop of over 24% [6]. Group 3: Company Background - CarMax is a leading retailer of used cars, emphasizing a seamless customer experience and strong demand for its vehicles [3]. - The law firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is handling the lawsuit against CarMax [10].

Core Viewpoint - CarMax Inc. plans to reduce retail margins and increase marketing spending despite reporting better-than-expected third-quarter sales, leading to a nearly 2% decline in shares [1] Financial Performance - The company reported earnings of $0.43 per share for the third quarter of fiscal 2026, surpassing the consensus estimate of $0.37 [1] - Revenue decreased approximately 7% year over year to $5.8 billion, but exceeded analyst expectations of $5.69 billion [1] Sales Trends - Retail used unit sales fell 8% compared to the previous year, while comparable store used unit sales declined 9% [2] - CarMax provided a preliminary outlook for the fourth quarter of fiscal 2026, focusing on initiatives to improve sales trends [2] Strategic Initiatives - The company plans to enhance price competitiveness by lowering retail used unit margins during the upcoming quarter [2] - CarMax expects to increase marketing spending on a total unit basis compared to the previous year, although at a lesser degree than in the third quarter [3] - Marketing efforts will concentrate on customer acquisition to support vehicle purchases and overall sales as the company aims to stabilize demand [3]