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KMX CLASS REMINDER: CarMax, Inc. Investors with Losses are Reminded to Contact BFA Law before the Imminent January 2 Securities Class Action Deadline
Newsfile· 2025-11-28 13:18
KMX CLASS REMINDER: CarMax, Inc. Investors with Losses are Reminded to Contact BFA Law before the Imminent January 2 Securities Class Action DeadlineNovember 28, 2025 8:18 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 28, 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 ...
Is CarMax (KMX) Facing Cyclical Weakness?
Yahoo Finance· 2025-11-28 12:48
Core Insights - Ariel Investments' "Ariel Mid Cap Value Strategy" reported a strong performance in Q3 2025, with a return of +9.62% gross of fees, outperforming both the Russell Midcap Value Index (+6.18%) and the Russell Midcap Index (+5.33%) [1] - CarMax, Inc. (NYSE:KMX) was highlighted as a significant detractor in performance due to disappointing earnings, lower unit sales, and increased loan loss provisions [3] Company Performance - CarMax, Inc. experienced a one-month return of -8.77% and a 52-week decline of 54.84%, closing at $38.20 per share with a market capitalization of $5.733 billion as of November 27, 2025 [2] - The company reported total sales of $6.6 billion in the fiscal second quarter of 2026, reflecting a 6% decline from the previous year due to lower volume [4] Management Commentary - Management indicated that the decline in performance was due to normalized demand after customers previously bought in advance of potential tariffs, and the rise in loan loss provisions was primarily linked to pandemic-era loans [3] - The credit deterioration is viewed as largely contained, with newer loans performing in line with expectations, suggesting that the current weakness is cyclical rather than structural [3] Market Position - CarMax is recognized as the market share leader in used vehicles, with its scale and omnichannel capabilities positioning it well for long-term growth once market conditions stabilize [3]
Halfords H1 2025 profit edges up as cycling demand recovers
Yahoo Finance· 2025-11-28 10:12
UK-based Halfords has reported a modest rise in first‑half (H1) 2025 profit, as a recovery in cycling demand and stronger margins helped counter higher operating costs. For the 26 weeks to 26 September 2025, underlying profit before tax inched up 1% to £21.2m ($28m), compared with £21m a year earlier. Group revenue increased 3.3% to £893.3m, representing like‑for‑like growth of 4.1%. Reported profit before tax came in at £17.2m. Cycling was the standout performer, with sales up 8.8% to £208m, or 9% on a ...
Australian Stock Market closes with decline: HMC Capital gains big, Eagers Automotive sees sharpest fall; check top gainers and losers on ASX
The Economic Times· 2025-11-28 06:50
Here are the top gainers and losersAs of Friday (November 28, 2025), HMC Capital Limited led the gains on the S&P/ASX 200, with its share price rising to $3.870, an increase of $0.320 or 9.014%. Temple & Webster Group Ltd followed, lifting to $15.520 after a $1.070 gain, representing a 7.404% rise.Among the declines, Eagers Automotive Limited recorded the sharpest fall, slipping to $28.480 after a decrease of $1.100, or -3.719%. Suncorp Group Limited also moved lower, dropping $0.650 to end at $17.560, repr ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMX
Newsfile· 2025-11-28 02:46
Core Points - Rosen Law Firm is reminding investors of CarMax, Inc. (NYSE: KMX) about the January 2, 2026 lead plaintiff deadline for a securities class action related to purchases made between June 20, 2025, and November 5, 2025 [2][4] Group 1: Class Action Details - Investors who purchased CarMax securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3] - The lawsuit alleges that defendants made materially false and misleading statements regarding CarMax's growth prospects, which were overstated due to temporary benefits from customer behavior influenced by tariff speculation [6] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5] - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [5]
Why Is Group 1 Automotive (GPI) Down 0.3% Since Last Earnings Report?
ZACKS· 2025-11-27 17:31
Core Viewpoint - Group 1 Automotive's recent earnings report showed mixed results, with adjusted earnings per share missing estimates but revenues increasing year over year, raising questions about future performance [3][4][5]. Financial Performance - Q3 2025 adjusted EPS was $10.45, missing the Zacks Consensus Estimate of $10.64 but up 5.6% year over year [3]. - Net sales reached $5.8 billion, exceeding the Zacks Consensus Estimate of $5.63 billion and up from $5.2 billion in the previous year [3]. - New vehicle retail sales increased 9.3% to $2.81 billion, surpassing projections, while total retail new vehicles sold rose 6.5% year over year to 57,269 units [4]. - Used-vehicle retail sales rose 11.8% to $1.85 billion, exceeding forecasts, but total retail used vehicles sold increased only 6.6% to 59,574 units [5]. Segment Performance - U.S. business segment revenues rose 6.5% year over year to $4.28 billion, with gross profit increasing 5.4% to $715 million [7]. - U.K. business segment revenues jumped 20.4% to $1.50 billion, although it missed estimates, while gross profit surged 17.3% to $204.7 million [8]. Financial Position - Selling, general and administrative expenses increased 10.7% year over year to $654.9 million [9]. - Cash and cash equivalents decreased to $30.8 million from $34.4 million, while total debt rose to $3.47 billion from $2.91 billion [9]. Shareholder Actions - During the quarter, Group 1 repurchased 185,788 shares at an average price of $443.18, totaling $82.5 million, with $226.3 million remaining in the stock buyback program [10]. Market Sentiment - Since the earnings release, there has been a downward trend in estimates revision, with the consensus estimate shifting down by 7.8% [11][12]. - Group 1 Automotive holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [14].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages America's Car-Mart, Inc. Investors to Inquire About Securities Class Action Investigation - CRMT
Newsfile· 2025-11-27 16:11
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 Compensation - Shareholders who purchased America's Car-Mart securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees or costs [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2]. Group 2: Company Performance and Stock Impact - On September 4, 2025, America's Car-Mart reported a first-quarter loss of 69 cents per share, compared to a net loss of 15 cents 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].
Here's Why Asbury Automotive Group (ABG) is a Strong Value Stock
ZACKS· 2025-11-27 15:41
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, providing additional stock ratings based on value, growth, and momentum [2][7] Zacks Style Scores - Each stock is rated from A to F based on value, growth, and momentum, with A being the highest score indicating better chances of outperforming the market [3] - The Value Score identifies attractive stocks using ratios like P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings and cash flow [4] - The Momentum Score capitalizes on price trends and earnings outlook changes, helping investors identify favorable times to invest [5] - The VGM Score combines value, growth, and momentum scores, aiding in the selection of stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 stocks rated 1 and 2, making it essential for investors to use Style Scores to narrow down choices [9] Investment Strategy - For optimal returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with a 3 (Hold) rank should also have A or B Scores to maximize upside potential [10] - A stock with a 4 (Sell) or 5 (Strong Sell) rating, even with high Style Scores, is likely to face declining earnings forecasts [11] Company Spotlight: Asbury Automotive Group - Asbury Automotive Group is a major automotive retailer in the U.S., operating 152 new vehicle dealerships and 37 collision repair centers [12] - Asbury holds a 3 (Hold) Zacks Rank and a VGM Score of A, with a Value Style Score of A due to a forward P/E ratio of 8.37 [13] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.39 to $28.03 per share, with an average earnings surprise of +8.4% [13] - With a solid Zacks Rank and strong Value and VGM Style Scores, Asbury Automotive Group is recommended for investors' consideration [14]
KMX INVESTMENT: CarMax, Inc. Investors with Losses may have Rights in Securities Class Action – Contact BFA Law by January 2 Deadline
Globenewswire· 2025-11-27 12:18
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, 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, and 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].
Why Did Lazydays Holdings Stock Plunge 15% In After-Hours Trading? - Lazydays Holdings (NASDAQ:GORV)
Benzinga· 2025-11-27 08:07
Group 1 - Lazydays Holdings Inc. (NASDAQ:GORV) shares experienced a significant decline, falling 14.98% in after-hours trading, closing at $0.36, and down 45.31% during regular trading to close at $0.42 [1][4] - The company completed asset sales totaling approximately $143.5 million between November 19 and November 25, with the proceeds primarily used to repay senior secured indebtedness [2][3] - The total cost of the asset transaction was about $2.7 million, and no cash was retained by the company [3] Group 2 - The stock has fallen 98.52% year-to-date, with a 52-week trading range of $0.42 to $33, and a current market capitalization of $1.66 million [4] - The listing of the company's common stock on Nasdaq is expected to be terminated on Friday [3]