Core Points - CarMax, Inc. is facing a class action lawsuit for allegedly misleading investors about its growth prospects for fiscal year 2026 [1][3] - The class period for the lawsuit is from June 20, 2025, to September 24, 2025 [1] - Following the release of disappointing financial results for Q2 FY 2026, CarMax's stock price dropped significantly, falling $11.5 per share or 20.07% to close at $45.60 on September 25, 2025 [2] Allegations - Plaintiffs claim that CarMax's management overstated the company's growth potential, attributing earlier growth to temporary factors such as customer speculation regarding tariffs [3] - The stock continued to decline, falling an additional 1.62% to close at $44.86 the day after the disappointing results [2] Legal Actions - Shareholders interested in participating in the class action must submit their papers by January 2, 2026, to serve as lead plaintiff [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]
KMX Stockholders with Large Losses Should Contact Robbins LLP to Learn About the Securities Class Action Lawsuit Against CarMax, Inc.