Shareholders who lost money in shares of CarMax, Inc. (NASDAQ: KMX) Should Contact Wolf Haldenstein Immediately

Core Viewpoint - A federal securities class action lawsuit has been filed against CarMax, Inc. and certain executives for alleged violations of federal securities laws, specifically for misleading investors regarding the company's growth prospects [1][7]. Summary by Relevant Sections Class Action Details - The class period for the lawsuit is from June 20, 2025, to September 24, 2025 [2]. - Investors who acquired CarMax securities during this period can move to be appointed lead plaintiff by January 2, 2026 [3]. Allegations Against CarMax - CarMax and its executives are accused of violating the Securities Exchange Act of 1934 by overstating growth prospects [7]. - The growth reported in early FY2026 was allegedly temporary, driven by short-term customer purchases related to tariff speculation [7]. Financial Performance - On September 25, 2025, CarMax disclosed disappointing Q2 FY2026 results: - Retail unit sales decreased by 5.4% [7]. - Comparable store unit sales fell by 6.3% [7]. - Net earnings per diluted share were $0.64, down from $0.85 a year earlier [7]. - Following the announcement of these results, CarMax's stock price dropped approximately 20% [7].