Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of America's Car-Mart, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Investigation Details - The investigation is prompted by a significant stock price drop of 18.2% on September 4, 2025, following the release of first-quarter results that showed a loss of 69 cents per share, compared to a net loss of 15 cents per share in the previous year [4]. - Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing affected shareholders to potentially receive compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions of dollars for investors [5]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company and consistently ranking among the top firms in this area since 2013 [5].

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased or acquired CarMax securities between June 20, 2025, and November 5, 2025 [1] Allegations Against Defendants - The complaint alleges that during the class period, defendants made false and misleading statements, overstating CarMax's growth prospects, which were actually inflated due to temporary factors related to customer behavior influenced by tariff speculation [2] - It is claimed that the positive statements made by defendants regarding the company's business and operations were materially misleading and lacked a reasonable basis [2] Lead Plaintiff Process - CarMax investors have until January 2, 2026, to seek appointment as a lead plaintiff representative of the class, or they may choose to remain absent class members [3] - The lead plaintiff will act on behalf of all class members and select counsel to represent the class, with the ability to share in any recovery not affected by the decision to serve as lead plaintiff [3] Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of fraud and corporate misconduct [4]

CarMax has seriously lagged the S&P 500 for quite some time, but that doesn't make it a hard pass.Forget about being stuck in neutral: With CarMax (KMX +1.20%), the key issue is that the stock continues to go in reverse. Over the past 12 months alone, shares in the used car retailer are down roughly 56%.Worse yet, the stock has performed just as poorly over a multiyear time frame. Various factors are to blame, both industry- and company-specific. The question now, however, is whether this long streak of lac ...

Core Insights - Makaira Partners LLC has completely divested its stake in CarMax, amounting to an estimated $18.3 million [1][2][3] - The divestment occurred during a period of significant downsizing for Makaira, with assets under management (AUM) decreasing by 41% quarter over quarter [3][6] Company Overview - CarMax is a leading U.S. retailer of used vehicles, operating over 230 stores and utilizing both physical and digital retail channels to enhance customer engagement [5][8] - The company reported a total revenue of $26.4 billion and a net income of $521.1 million for the trailing twelve months (TTM) [3] - As of November 14, 2025, CarMax's market capitalization was approximately $5.1 billion, with a stock price of $34.43 [3] Investment Context - The decision by Makaira to exit its position in CarMax reflects a broader strategy of reducing holdings in underperforming assets, as indicated by the company's recent struggles and a challenging quarter reported by its CEO [9] - Makaira's portfolio management approach is influenced by a concentrated investment strategy, similar to that of Warren Buffett, suggesting that CarMax was not a high-conviction investment for the firm [9]

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and its 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, 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 [5]. - 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 [5]. - Following the financial report, CarMax's stock dropped $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 drop of over 24% [6]. Group 3: Company Background - CarMax is a leading retailer of used cars, emphasizing a seamless customer experience and strong demand for its vehicles [3]. - The firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is handling the lawsuit against CarMax [10].

Core Insights - Lithia Motors has seen significant interest from institutional investors, with several firms increasing their stakes in the company during the second quarter [1][8] - Analysts are optimistic about Lithia Motors, with multiple firms raising their price targets and maintaining positive ratings [2] - The company reported strong quarterly earnings, exceeding analyst expectations and showing year-over-year revenue growth [4] Institutional Investment Activity - Nisa Investment Advisors LLC increased its stake by 16.9%, owning 276 shares valued at $93,000 after purchasing 40 additional shares [1] - Assetmark Inc. raised its stake by 2.5%, now holding 1,753 shares worth $592,000 after acquiring 42 more shares [1] - Bessemer Group Inc. significantly boosted its holdings by 114.6%, now owning 88 shares valued at $29,000 after acquiring 47 shares [1] Analyst Ratings and Price Targets - Citigroup raised its price target from $385.00 to $399.00, maintaining a "buy" rating [2] - JPMorgan Chase increased its price objective from $320.00 to $350.00, giving an "overweight" rating [2] - Evercore ISI raised its price target from $440.00 to $500.00, assigning an "outperform" rating [2] Financial Performance - Lithia Motors reported an EPS of $9.50 for the quarter, surpassing the consensus estimate of $8.53 by $0.97 [4] - The company achieved revenue of $9.68 billion, exceeding expectations of $9.38 billion, with a year-over-year revenue increase of 4.9% [4] - The return on equity was reported at 13.42%, with a net margin of 2.39% [4] Dividend and Share Repurchase - Lithia Motors declared a quarterly dividend of $0.55 per share, representing an annualized dividend of $2.20 and a yield of 0.7% [5] - The company initiated a share repurchase program allowing for the buyback of $750 million in outstanding shares, indicating management's belief in the stock's undervaluation [6] Company Overview - Lithia Motors operates as an automotive retailer, with segments in Vehicle Operations and Financing Operations, providing a range of services including vehicle sales, parts, repair, and financing [9]

Core Points - Rosen Law Firm is encouraging investors of CarMax, Inc. to secure counsel before the January 2, 2026 lead plaintiff deadline in a securities class action lawsuit [2][4] - Investors who purchased CarMax securities between June 20, 2025, and November 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3] - The lawsuit alleges that CarMax's defendants made materially false and misleading statements regarding the company's growth prospects, which were overstated due to temporary market conditions [6] Company Information - CarMax, Inc. is facing a securities class action lawsuit due to claims of misleading statements about its business operations and growth prospects during the specified class period [6] - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [5] Legal Process - To participate in the class action, investors can submit their information through the Rosen Law Firm's website or contact them directly [4][7] - A class has not yet been certified, meaning investors are not represented unless they retain counsel [8]

Core Viewpoint - CarMax, Inc. has faced significant challenges, including the termination of its CEO and a bleak outlook for Q3 2026, leading to a substantial drop in share price and investor losses [1][7]. Financial Performance - CarMax reported a 24% decline in net EPS year-over-year for Q2 2026, with retail used unit sales down 5.4% and comparable store used unit sales down 6.3% [5]. - The company's CarMax Auto Finance (CAF) revenue decreased by 11.02% year-over-year, attributed to a $142 million loan loss provision, marking a nearly 40% sequential increase and a 24% year-over-year rise [6]. Management Changes - The company announced the firing of CEO Bill Nash on November 6, 2025, which coincided with a forecasted decline in comparable store used unit sales of 8% to 12% for Q3 2026 [1][7]. Legal Issues - A securities class action lawsuit is underway, focusing on allegations that CarMax misled investors regarding its business model and growth prospects, particularly in light of its previous assurances of sustained earnings growth [3][4]. - The class period for the lawsuit spans from June 20, 2025, to November 5, 2025, with a lead plaintiff deadline set for January 2, 2026 [2][3].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of America's Car-Mart, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased America's Car-Mart securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2]. Group 2: Company Performance and Market Reaction - On September 4, 2025, America's Car-Mart reported a first-quarter loss of $0.69 per share, compared to a net loss of $0.15 per share in the same period the previous year [3]. - Following the release of these results, America's Car-Mart's stock experienced a decline of 18.2% on the same day [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].

NEW YORK, Nov. 28, 2025 (GLOBE NEWSWIRE) -- 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 co ...