Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of CarMax, Inc. related to misrepresentation of the company's growth prospects [1][2]. Group 1: Investigation Details - The investigation is focused on whether CarMax insiders misrepresented or failed to disclose critical information regarding the company's growth, which was influenced by temporary factors such as customer speculation about tariffs [2]. - Allegations suggest that statements made about CarMax's business operations and future prospects were materially false and misleading, lacking a reasonable basis during relevant times [2]. Group 2: Shareholder Participation - Shareholders who purchased KMX shares prior to June 20, 2025, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3]. - The firm covers all case costs and does not charge its investor clients, emphasizing the importance of shareholder involvement in maintaining market integrity [4].

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][3]. Company Overview - CarMax, Inc. is a retailer specializing in used cars, which has recently faced legal challenges due to allegations of misleading investors regarding demand for its vehicles [4]. Financial Performance - In the second quarter of fiscal year 2026, CarMax reported disappointing financial results, including 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 [6]. - The company's net income for the second quarter was approximately $95.4 million, down from $132.8 million in the previous year [6]. Stock Performance - Following the announcement of disappointing financial results on September 25, 2025, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [7]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary outlook for Q3 2025, led to an additional stock price drop of over 24% [7]. Legal Proceedings - Investors have until January 2, 2026, to request to be appointed to lead the class action case, which is currently pending in the U.S. District Court for the District of Maryland [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in CarMax securities [3].

Core Viewpoint - Investors have until January 2, 2026, to file lead plaintiff applications in securities class action lawsuits against CarMax, Inc. for securities purchased between June 20, 2025, and November 5, 2025 [1] Group 1 - The lawsuits are being led by Kahn Swick & Foti, LLC and former Louisiana Attorney General Charles C. Foti, Jr. [1] - The class action pertains to investors who acquired CarMax's securities during the specified class period [1]

Core Viewpoint - Kirby McInerney LLP is investigating Car-Mart, Inc. for potential violations of federal securities laws and other unlawful business practices by the company and/or its senior management [1] Group 1: Investigation Details - The investigation is focused on Car-Mart, Inc. (NASDAQ: CRMT) and its senior management's possible legal violations [1] - On July 15, 2025, Car-Mart announced a delay in filing its annual report due to management identifying the need for further review [1]

Core Insights - Carvana has achieved a significant corporate turnaround, with its stock price rising from $3 in late 2022 to current levels, indicating a remarkable recovery in its business performance [1] Company Performance - The stock price of Carvana (NYSE: CVNA) has seen a substantial increase, reflecting the company's successful efforts to improve its financial health and operational efficiency [1]

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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Maryland, titled Jason Cap v. CarMax, Inc., et al., No. 1:25-cv-03602, with investors having until January 2, 2026, to seek lead plaintiff status [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [3]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including 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 [6]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [6]. - Following the financial report, 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 [7]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock drop of over 24% [7]. Group 3: Company Background - CarMax operates in the used car sales industry, promoting a strong demand for its vehicles based on customer experience [4]. - The firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is leading the lawsuit against CarMax [9].

Core Insights - AutoZone, Inc. (AZO) is a leading specialty retailer and distributor of automotive replacement parts and accessories in the U.S., benefiting from strong DIY and commercial business performance as well as omnichannel strategies [2] Financial Performance - AutoZone reported record sales for 36 consecutive years, with Q1 fiscal 2026 revenues of $4.6 billion, reflecting an 8.2% year-over-year increase [3] - The company anticipates continued growth in fiscal 2026, driven by strong performance in DIY and commercial sectors [3] Expansion Strategies - AutoZone is expanding its market penetration through the rollout of mega hubs, with 137 locations established by the end of Q1 fiscal 2026, aiming for over 200 mega hubs [4] - The company plans to open 350 to 360 new stores in fiscal 2026, compared to 304 net new stores in fiscal 2025, with a focus on international markets like Mexico and Brazil [5] Omnichannel Efforts - The company's omnichannel initiatives, including next-day shipping and in-store pickup, are enhancing customer experience and driving online traffic [6] - A transformation of the distribution network aims to improve inventory availability and delivery speed [6] Share Repurchase Program - AutoZone's robust share buyback program saw $1.5 billion in shares repurchased in fiscal 2025 and $431.1 million in Q1 fiscal 2026, with over $1.7 billion remaining under its repurchase authorization [7] Capital Expenditures and Debt - The company plans to increase capital expenditures from $1.4 billion in fiscal 2025 to $1.6 billion in fiscal 2026, focusing on technology investments and store expansion [8] - AutoZone's total debt-to-capital ratio stands at 1.63, significantly higher than the industry average of 0.90, indicating high leverage [10] Margin Pressures - A noncash LIFO accounting charge of $98 million impacted gross margin, operating profit, and earnings per share in Q1 fiscal 2026, with expectations of additional charges of about $60 million for the next three quarters [11]

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for allegedly making false and misleading statements regarding its growth prospects during the Class Period from June 20, 2025, to September 24, 2025, leading to investor losses [5]. Allegation Details - The lawsuit claims that CarMax's management overstated the company's growth potential, attributing earlier growth in fiscal year 2026 to temporary factors related to customer behavior influenced by tariff speculation [5]. - It is alleged that the statements made by the defendants about CarMax's business operations and future prospects were materially false and misleading [5]. Financial Performance - On April 10, 2025, CarMax reported its fourth quarter and fiscal year 2025 results, which missed consensus estimates, leading to a stock price drop of $13.61, or 17%, closing at $66.45 per share [5]. - On September 25, 2025, CarMax disclosed significant declines in revenue and profit, including a 6.0% revenue decline, a 7.2% decline in total retail used vehicle revenues, and a 5.6% decline in total gross profit, resulting in a further stock price drop of $11.45, or 20.1%, closing at $45.60 per share [5].

NEW YORK, Dec. 29, 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 ...

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][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Maryland, titled Jason Cap v. CarMax, Inc., et al., No. 1:25-cv-03602, and claims are made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 2, 2026, to request to be appointed to lead the case [3]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including 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 [6]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [6]. - Following the financial report, 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 [7]. - An unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 outlook, led to an additional stock drop of over 24% [7]. Group 3: Company Background - CarMax is known for selling used cars and had previously promoted strong demand driven by a seamless customer experience [4]. - The firm Bleichmar Fonti & Auld LLP, which is representing the plaintiffs, has a history of successful recoveries in securities class actions, including over $900 million from Tesla, Inc.'s Board of Directors [9].