NEW YORK, Dec. 04, 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 ...

INVESTOR ALERT: The CarMax, Inc. Securities Fraud Class Action is Pending, Investors Urged to Contact BFA Law by January 2 DeadlineDecember 04, 2025 3:46 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 4, 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 resulti ...

Core Viewpoint - AutoZone is positioned as a strong player in the automotive replacement parts market, with significant growth potential across various segments, particularly in the commercial and international markets [2][3]. Company Overview - AutoZone, Inc. is a leading retailer and distributor of automotive replacement parts and accessories in the United States, operating through commercial, DIY, and international segments [1]. - Competitors include O'Reilly Automotive and Advance Auto Parts [1]. Earnings Expectations - The company is set to release its quarterly earnings on December 9, 2025, with Wall Street estimating an earnings per share (EPS) of $32.35 and projected revenue of approximately $4.64 billion [2]. - The commercial segment, especially the Do-It-For-Me (DIFM) market, is experiencing structural and sustainable growth [2]. Analyst Ratings and Market Sentiment - JP Morgan analyst Christopher Horvers maintains an Overweight rating on AutoZone, citing resilient demand and potential for improved long-term earnings [3]. - Horvers has increased his estimates and set a price target of $4,850, noting no structural slowdown in DIY demand despite early-quarter fluctuations [3]. Financial Metrics - AutoZone has a price-to-earnings (P/E) ratio of approximately 25.60, indicating the market's valuation of its earnings [4]. - The price-to-sales ratio stands at about 3.39, reflecting the company's market value relative to its revenue [4]. - The enterprise value to sales ratio is around 4.02, showing the company's total valuation compared to its sales [4]. - The enterprise value to operating cash flow ratio is approximately 24.41, suggesting how the company's valuation compares to its cash flow from operations [4]. - AutoZone's earnings yield is about 3.91%, providing insight into the return on investment for shareholders [4]. - The company has a debt-to-equity ratio of approximately -3.57, indicating a higher level of debt compared to its equity [4]. - The current ratio is around 0.88, suggesting the company's ability to cover its short-term liabilities with its short-term assets [4]. Growth Potential - The upcoming earnings report could significantly impact AutoZone's stock price, with potential upward movement if results exceed expectations [4].

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, expanding the class period to include those who purchased CarMax securities between June 20, 2025, and November 5, 2025 [1] Allegations Against Defendants - The complaint alleges that Defendants made false and/or misleading statements and failed to disclose that they overstated CarMax's growth prospects, attributing earlier growth in the 2026 fiscal year to temporary benefits from customer speculation regarding tariffs [3] - As a result, the positive statements made by Defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis [3] Lead Plaintiff Process - CarMax investors may seek to be appointed as a lead plaintiff representative of the class by January 2, 2026, or may choose to remain an absent class member [4] - The lead plaintiff acts on behalf of all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [4] Law Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of fraud and corporate misconduct [5]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In CarMax To Contact Him Directly To Discuss Their Options If you suffered losses in CarMax between June 20, 2025 and September 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Dec. 4, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading ...

Financial Data and Key Metrics Changes - The company reported a net loss of $22.5 million, which included approximately $20 million in non-cash reserve adjustments and one-time charges related to strategic actions [4][27] - Revenue increased by 0.8% year-over-year, primarily driven by higher interest income and a nominal increase in average retail sales price [12] - Gross profit margin was 37.5%, down from 39.4% in the prior year, but adjusted margins improved by approximately 100 basis points year-over-year [13][14] - SG&A totaled $57.2 million, with a reported SG&A as a percentage of sales at 20.0% [19] Business Line Data and Key Metrics Changes - Credit application volume increased by 14.6% year-over-year, indicating strong consumer demand despite lower inventory levels [11] - The company consolidated five underperforming stores, resulting in an estimated 10% reduction in store footprint [8][17] - The enhanced underwriting platform, LOS V2, led to 76.5% of volume coming from higher-ranked customers, a 12% improvement compared to the prior year [12] Market Data and Key Metrics Changes - The broader wholesale market effects have subsided, with prices continuing to decline seasonally [6] - The company closed a transformative $300 million term loan, enhancing capital flexibility and allowing for operational optimizations [7][24] Company Strategy and Development Direction - The company is focused on optimizing its footprint and cost structure through a multi-phase plan, aiming for over $20 million in annualized SG&A savings [8][21] - The strategy includes prioritizing higher-quality customers and leveraging new payment channels to improve collection efficiency [9][15] - The company aims to complete its capital structure transformation and normalize inventory levels to meet strong demand [30] Management's Comments on Operating Environment and Future Outlook - Management noted that consumer demand for affordable transportation remains robust despite economic uncertainties [5] - The company is preparing for a challenging environment by focusing on higher-quality customer acquisition and operational efficiency [41] - Management expressed confidence in the company's ability to navigate current challenges and return to positive earnings [30][44] Other Important Information - The company has seen a significant increase in collections per active customer, rising to $582 from $561 year-over-year [22] - The allowance for credit losses increased to 24.19% of finance receivables, reflecting observed loss history and macroeconomic uncertainties [23] Q&A Session Summary Question: Can you quantify the performance of newer vintages compared to legacy ones? - Management indicated that newer vintages are performing better, with a 18%-20% improvement in performance metrics compared to legacy loans [33] Question: How is the competitive environment affecting strategy? - Management noted that the sector is under pressure, with challenges in capital procurement and inventory sourcing, but they are positioned to benefit from easing competition [37] Question: What factors are being monitored for signs of improvement in the industry? - Management emphasized the importance of optimizing cost structures and focusing on higher-quality customers to navigate the current environment [41] Question: What are the expectations for sales volume and revenue going forward? - Management expects some near-term noise in sales results due to inventory rebuilding but is optimistic about capitalizing on the upcoming tax season [66]

NEW YORK , Dec. 4, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CarMax, Inc. (NYSE: KMX). Shareholders who purchased shares of KMX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. ...

Financial Performance - Total revenue increased by 0.8% to $350.2 million [6] - Total collections increased 4.6% to $181.7 million [6] - Interest income increased $2.4 million, or 3.9% [6] - Gross margin percentage decreased 190 basis points to 37.5% [6] - Net loss per share was $2.71, with an adjusted loss per share of $0.79 [6, 8] Capital Structure and Liquidity - Closed a $300 million term loan and repaid the revolving line of credit balance [6, 16] - Total cash, including restricted cash, increased to $251 million from $124.5 million [6] - Interest expense decreased 13.1% [6] - In August 2025, the company issued $171.9 million in principal of asset-backed notes with a weighted average coupon of 5.46% [16] Operational Metrics - Credit applications were up 14.6% [6, 34] - Sales volumes decreased 1.1% to 13,637 units [6] - Accounts over 30 days past due improved 36 basis points year-over-year to 3.14% [6] - Allowance for credit loss increased to 24.19% [6] Strategic Initiatives and Cost Control - Targeting approximately 16.5% SG&A as a percentage of sales over time [17] - Identified $8.4 million in savings within the fiscal year and $31.4 million annualized through reorganization, IT spend reduction, store closures, and marketing adjustments [19] - LOS V2 has improved bookings in 4-7 rank customers by 12% vs LOS V1 FYTD [33]

NEW YORK--(BUSINESS WIRE)---- $KMX #classactionlawsuit--The law firm of Kirby McInerney LLP reminds CarMax, Inc. ("CarMax†or the "Company†) (NYSE:KMX) investors of the January 2, 2026 deadline to seek lead plaintiff appointment in the class action filed on behalf of investors who acquired CarMax securities between June 20, 2025 through November 5, 2025 ("the Class Period†). Follow the link below for more information: [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Is The Lawsuit About? The lawsuit allege ...

Core Viewpoint - Hutchinson Capital Management has completely exited its position in CarMax, liquidating approximately $9.96 million worth of shares during the third quarter of 2025, indicating a significant shift in investment strategy towards the company [1][2][7]. Company Overview - CarMax, Inc. operates a nationwide network of stores providing a wide range of automotive products and services, including in-house financing and vehicle repair services [6]. - The company's revenue for the trailing twelve months (TTM) is reported at $27.79 billion, with a net income of $521.07 million [4]. Financial Performance - As of November 11, 2025, CarMax shares were priced at $34.14, reflecting a one-year price decline of 55.54% [3][4]. - The company's stock has underperformed the S&P 500 by 69 percentage points over the past year [3]. Market Challenges - CarMax is facing significant challenges, including a 6% year-over-year decline in revenue over the past three years, attributed to macroeconomic weakness and reduced demand for used cars [14]. - Increased competition from online-first competitors like Carvana has further pressured CarMax's market share [14]. - Higher interest rates have led to increased monthly payments for consumers, causing them to retain their existing vehicles longer, which negatively impacts CarMax's sales [14].