CarMax, Inc. (NYSE:KMX) Stock Update and Financial Performance Review

Core Viewpoint - CarMax, Inc. is facing challenges with declining revenues and earnings, but shows some financial stability through increased auto finance income and share repurchases [3][4][6] Financial Performance - CarMax reported a third-quarter fiscal 2026 EPS of $0.51, exceeding the Zacks Consensus Estimate of $0.32, but down from $0.81 in the previous year [3][6] - The company's revenues were $5.8 billion, a 6.9% decline year over year, primarily due to a 7% drop in used-vehicle sales [3][4] - Auto finance income increased by 9.3%, providing some financial stability amidst revenue decline [4][6] Stock Performance and Market Position - RBC Capital maintained a "Sector Perform" rating for CarMax, adjusting the price target from $34 to $37, indicating cautious optimism [2][6] - As of the latest trading, CarMax's stock is priced at $38.59, reflecting a slight decrease of 1.91% [5] - The stock has fluctuated between $37.39 and $38.68 on the trading day, with a market capitalization of approximately $5.8 billion [5]