KMX Investigation: Kessler Topaz Meltzer & Check, LLP Encourages CarMax, Inc. (NYSE: KMX) Investors with Significant Losses to Contact the Firm

Core Insights - CarMax, Inc. is currently under investigation for potential violations of federal securities laws following a significant decline in its financial performance [1][2] Financial Performance - For the second quarter of fiscal year 2026, CarMax reported a revenue decline of 6.0% year over year [2] - Total retail used vehicle revenues decreased by 7.2% [2] - Total gross profit fell by 5.6% [2] - Following the financial results announcement, CarMax's stock price dropped by $11.45 per share, approximately 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [2]