KMX INVESTOR NOTICE: CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects, leading to significant investor losses during the specified class period [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it allows investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, to seek lead plaintiff status by January 2, 2026 [1][5]. - The lawsuit claims that CarMax's growth in fiscal year 2026 was overstated and was primarily driven by temporary factors related to customer behavior influenced by tariff speculation [3][4]. Group 2: Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026 [4]. - The company's net earnings per diluted share fell to $0.64 from $0.85 a year ago, which contributed to a 20% drop in share price following the announcement [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is leading the class action, known for its significant recoveries in securities fraud cases, having secured over $2.5 billion for investors in 2024 alone [6].