CarMax Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Substantial Losses of Lead Plaintiff Deadline in Class Action Lawsuit Against CarMax, Inc. - KMX

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for failing to disclose material information during a specified period, leading to significant losses for investors [3][4]. Summary by Sections Class Action Lawsuit Details - Investors who suffered substantial losses from purchasing CarMax securities between June 20, 2025, and September 24, 2025, have until January 2, 2026, to file lead plaintiff applications [1]. - The lawsuit is currently pending in the United States District Court for the District of Maryland [1]. Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales, a 6.3% decrease in comparable store unit sales, and a 2.2% decrease in wholesale units [3]. - The company's net earnings per diluted share fell to $0.64 from $0.85 a year ago [3]. Stock Price Impact - Following the financial results announcement, CarMax's share price dropped by $11.5, or 20.07%, closing at $45.60 per share on September 25, 2025 [4].