Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CarMax, Inc. and reminds investors of the deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the company [2][4]. Group 1: Legal Action and Investor Information - Investors who purchased CarMax securities between June 20, 2025, and September 24, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action lawsuit is January 2, 2026 [2]. - The lawsuit alleges that CarMax and its executives made false and misleading statements regarding the company's growth prospects, which were overstated due to temporary factors [4]. Group 2: Financial Performance and Impact - CarMax reported a decrease in income from CarMax Auto Finance (CAF) by 11.2%, with a provision for loan losses amounting to $142.2 million in the second quarter of fiscal 2026, compared to $112.6 million in the same period the previous year [5]. - The provision for loan losses included an increase of $71.3 million in the estimate of lifetime losses on existing loans, primarily due to worsening performance among the 2022 and 2023 vintages [5]. - Following the financial results announcement, CarMax's stock price fell by $11.45 per share, approximately 20%, closing at $45.60 per share on September 26, 2025 [5].

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 FY 2026, with a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [5]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year [5]. - Following the announcement of these results, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [6]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock price drop of over 24% [6]. Group 3: Market Context - CarMax's previous claims of strong demand were allegedly inflated due to a temporary boost from U.S. tariffs on cars, which prompted customers to purchase vehicles before the tariffs took effect [3]. - The lawsuit also investigates whether CarMax properly assessed or reserved for its portfolio of car loans following the CEO's departure [4].

Core Viewpoint - CarMax, Inc. is facing a class action lawsuit due to significant declines in revenue and profit, which were attributed to inventory adjustments and increased loan loss provisions, leading to a substantial drop in share price [2][3][4]. Financial Performance - CarMax reported a revenue decline of 6.0% year-over-year for Q2 2026, with total retail used vehicle revenues down 7.2% and total gross profit declining by 5.6% [2]. - The company experienced a $71.3 million increase in loan loss provisions, impacting overall financial results [2]. Share Price Impact - Following the release of the disappointing financial results, CarMax's share price fell by $11.45, or 20.1%, closing at $45.60 per share on September 25, 2025 [3]. Allegations in the Lawsuit - The class action complaint alleges that CarMax's management made materially false and misleading statements regarding the company's growth prospects, which were overstated and not reflective of the actual business conditions [4]. - It is claimed that the earlier growth in the 2026 fiscal year was a temporary effect driven by customer speculation regarding tariffs, which was not disclosed to investors [4]. Legal Proceedings - Investors who purchased CarMax securities between June 20, 2025, and November 5, 2025, are eligible to file a lead plaintiff motion by January 2, 2026, in the ongoing class action lawsuit [1][5].

NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and November 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-submis ...

NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of CarMax, Inc. (NYSE: KMX) between June 20, 2025 and November 5, 2025, both dates inclusive (the "Class Period"), of the important January 2, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased CarMax securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs ...

Core Viewpoint - The article discusses a securities class action lawsuit against CarMax, Inc. alleging that the company misled investors about its business stability and growth prospects, resulting in significant stock declines [2][4]. Summary by Sections Lawsuit Details - The lawsuit claims that CarMax and its executives concealed critical information regarding the company's operational challenges, leading to two major stock crashes [2][5]. - The class period for the lawsuit is defined as June 20, 2025, to November 5, 2025 [3]. Allegations - The complaint identifies two main undisclosed issues: 1. CarMax misrepresented its Q1 2026 growth as sustainable, failing to disclose it was driven by a temporary surge in customer demand due to anticipated tariffs [4]. 2. Management assured investors about the stability of their loan portfolio, which later revealed a significant risk, resulting in a $142 million loan loss provision, a 40% increase sequentially [4]. Stock Performance - Following the disclosure of poor Q2 results on September 25, 2025, which included a 24% drop in net EPS, the stock fell by 20% [4]. - The unexpected termination of the CEO on November 6, 2025, amid weak Q3 guidance led to another severe decline in stock value [4]. Investor Actions - Investors who suffered losses are encouraged to contact Hagens Berman to discuss their rights and potential involvement in the lawsuit, with a lead plaintiff deadline set for January 2, 2026 [5][6].

NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and November 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-submissio ...

Core Insights - Carvana's stock has experienced a remarkable recovery, rising from below $5 in late 2022 to nearly $472 in 2025, significantly outperforming the S&P 500's 17% increase and CarMax's 50% decline [2][3] Financial Performance - Carvana's revenue has grown at an average rate of 11.6% over the past three years, with a notable 46% increase from $13 billion to $18 billion in the last twelve months, and a 54.5% year-over-year growth to $5.6 billion in the latest quarter [7] - The company generated $1.7 billion in operating income over the past year, achieving an operating margin of 9.4%, which, while improved from previous losses, remains below the S&P 500's average of nearly 19% [8] - Operating cash flow was approximately $666 million, resulting in a cash flow margin of 3.6%, while net income of $629 million reflects a 3.4% net margin, indicating that Carvana is functional but not yet a margin leader [9] Valuation Metrics - Carvana's market capitalization exceeds $100 billion, with a price-to-sales ratio of around 2.9x, slightly below the S&P 500's 3.2x, but its price-to-earnings ratio is approximately 92 times, over three times the S&P 500's 23 [4][6] - The stock's valuation implies expectations of extremely strong and sustained profitability, with significant risks associated with any shortfall in performance [6] Financial Stability - Carvana has a debt total of $5.6 billion, resulting in a debt-to-equity ratio of roughly 5.5%, which is better than the S&P average, and a cash-to-assets ratio near 27%, significantly higher than the broader market's single-digit level [10] Market Behavior - The stock has shown high volatility, with a 99% decline during the inflation shock of 2022, compared to a 25% decline for the S&P 500, and a recovery period of 947 days, which is approximately double that of the index [11][12] - Carvana's stock tends to react sharply to earnings, projections, and operational updates, indicating a high-beta characteristic [13] Investment Considerations - Carvana's turnaround is genuine, and its inclusion in the S&P 500 adds credibility, but the current stock price reflects much of the anticipated growth, suggesting that investors are paying a premium for future performance [14]

CARMAX NOTICE: CarMax, Inc. (KMX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 2December 12, 2025 8:36 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 12, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting fr ...

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance is proud to announce that Valvoline Instant Oil Change has been ranked #16 and the top automotive retail company on Yelp's "Most Loved Brands†list for 2025, recognizing its strong customer loyalty and trusted service at more than 2,300 locations in North America. Yelp's Most Loved Brands ranking highlights the top consumer-preferred brands nationwide, based on key i. ...