Core Insights - Lithia & Driveway (LAD) has demonstrated strong financial performance through significant share repurchases and strategic acquisitions, reflecting confidence in its profitability and cash flow generation [2][4]. Share Repurchase Program - In the latest quarter, LAD invested $274 million to repurchase nearly 875,000 shares at a weighted average price of $313, representing 3.3% of outstanding shares [1]. - Year-to-date, LAD has repurchased approximately 2.98 million shares for nearly $933 million at the same weighted average price, which accounts for 11.3% of outstanding shares, with $636 million remaining for future repurchases [2]. Strategic Acquisitions - LAD completed the acquisition of Fines Ford in the Greater Toronto Area, which is expected to increase annualized revenue by $100 million [3]. - This acquisition aligns with LAD's strategy to enhance its presence in the North American market and is expected to bring total year-to-date expected annualized revenue to $2.2 billion [4]. Company Overview - Lithia & Driveway is the largest global automotive retailer, offering a wide range of products and services throughout the vehicle ownership lifecycle, emphasizing convenience and transparency [5]. - The company aims to modernize personal transportation solutions and has a diversified business model that supports consistent and profitable growth in a large, unconsolidated industry [5].

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 [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and November 5, 2025 [1][2] Group 1: Allegations - The lawsuit claims that defendants made false statements regarding CarMax's growth prospects, suggesting that earlier growth was a temporary benefit due to customer speculation about tariffs [2] - It is alleged that the statements made by defendants about CarMax's business operations and prospects were materially false and misleading, lacking a reasonable basis [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 2, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - CarMax, Inc. is facing a class action lawsuit for securities fraud following a significant drop in stock price attributed to misleading statements regarding demand and financial performance [2][4][5]. Group 1: Lawsuit Details - A class action lawsuit has been filed against CarMax and its senior executives for securities fraud, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - 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 [4]. - The lawsuit alleges that CarMax misled investors about the sustainability of demand for its vehicles, particularly in light of U.S. tariffs that temporarily boosted sales [5]. Group 2: Financial Performance - 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 [7]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [7]. - The decline in sales was attributed to a "pull forward" in demand due to the announcement of tariffs, which led to a significant stock price drop of $11.45 per share, or roughly 20% [8]. Group 3: Executive Changes - The unexpected departure of CEO Bill Nash on November 6, 2025, has raised concerns about the company's management and its assessment of car loan portfolios [6]. - Following the announcement of Nash's departure and a weak preliminary Q3 outlook, CarMax's stock dropped over 24% [8].

Accessibility StatementSkip Navigation KMX Investors with Losses Encouraged to Contact the Firm SAN FRANCISCO, Dec. 1, 2025 /PRNewswire/ --Â On November 6, 2025, investors in CarMax, Inc. (NYSE: KMX) saw shares plummet $9.93 (-24%) after the company announced that it fired CEO Bill Nash and issued its new Q3 2026 preliminary outlook on comparable store used unit sales, calling for a decline of 8%-12% from a year ago. The developments are the latest following CarMax's dismal Q2 2026 results, which drove the ...

Core Insights - Carvana currently holds approximately 1.5% of the used-car market, with potential for significant growth over the next decade according to an analyst [1] Market Position - The company's share of the used-car market is noted to be around 1.5%, indicating a relatively small presence in the industry [1] Future Growth Potential - An analyst suggests that there is a pathway for Carvana to capture a much larger market share in the next ten years, highlighting optimism about the company's future prospects [1]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CarMax, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its growth prospects during a specified period [1]. Group 1: Allegations and Class Period - The class period for the allegations is from June 20, 2025, to November 5, 2025 [1]. - The complaint claims that CarMax's growth was overstated, attributing earlier growth in the 2026 fiscal year to temporary customer behavior influenced by speculation about tariffs [1]. - It is alleged that the statements made by the defendants regarding CarMax's business and operations were materially false and lacked a reasonable basis [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of KMX during the class period are encouraged to register for the class action by January 2, 2026 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

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, which is representing the plaintiffs, has a strong track record in securities class actions and has recovered significant amounts for other clients [10].

Core Insights - Group 1 Automotive, Inc. (NYSE:GPI) is recognized as one of the best consumer cyclical stocks, operating 259 dealerships in the US and UK, with 146 located in the US [1] Analyst Recommendations - As of November 28th, there are 10 analyst recommendations for Group 1 Automotive, with 2 Strong Buy, 4 Buy, and 4 Hold ratings, and an average share price target of $469.11 [2] - Barclays set an Overweight rating on GPI with a price target of $510, highlighting that GPI is trading at a P/E ratio below its historical average and that of its peers [3] Financial Performance - In the fiscal third quarter, Group 1 Automotive reported an EPS of $10.45, which was below analyst estimates of $10.81 [4] - Analysts raised concerns regarding the decline in US luxury car sales, the exit from UK Jaguar Land Rover dealerships, and potential partnerships with Chinese brands [4] Management Response - Management acknowledged an inventory buildup for luxury US cars in Q3 but expects clarity in Q4 [5] - Discussions are ongoing regarding partnerships with Chinese brands, with decisions to be made based on shareholder interests [5]

Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. for alleged violations of securities laws, specifically for making false and misleading statements regarding its development tenant pipeline [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from January 27, 2025, to October 27, 2025, with a deadline for lead plaintiff appointments set for January 26, 2026 [2]. - The complaint alleges that Alexandria made false claims about its positive comments on its development tenant pipeline, which were not based on factual information, rendering its public statements materially misleading [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status, with no cost or obligation to participate [3]. Group 3: DJS Law Group Overview - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, focusing on enhancing investor returns through advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].