CarMax Reports Second Quarter Fiscal Year 2026 Results
Core Insights - CarMax, Inc. reported a decrease in retail used unit sales by 5.4% and a 6.3% decline in comparable store used unit sales for the second quarter ended August 31, 2025 [1] - Wholesale units also saw a decrease of 2.2% [1] - Despite the decline in unit sales, the company maintained solid unit margins, with gross profit per retail used unit at $2,216, gross profit per wholesale unit at $993, and Extended Protection Plans (EPP) margin per retail unit at $576, all consistent with the prior year's second quarter [1]