Automotive Retail
Search documents
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]
ROSEN, A LEADING NATIONAL FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMX
Newsfile· 2025-11-27 02:41
Core Viewpoint - Rosen Law Firm is encouraging investors of CarMax, Inc. to secure legal counsel before the January 2, 2026 deadline for a securities class action lawsuit related to misleading statements made by the company during the class period from June 20, 2025, to November 5, 2025 [1][5]. 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 [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 2, 2026 [3]. - The lawsuit alleges that CarMax made materially false and misleading statements regarding its growth prospects, which were based on temporary benefits rather than sustainable growth [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4].
Texas Dealership, Hiley Volkswagen of Arlington, Announces Arrival of 2026 New Models
Newsfile· 2025-11-26 22:43
Core Insights - Hiley Volkswagen of Arlington has announced the availability of the 2026 Volkswagen model lineup, enhancing inventory and reservation access for customers in the Dallas-Fort Worth area [1][2] Group 1: Customer Demand and Market Strategy - The addition of the 2026 models is a response to increased customer demand for updated inventory and flexible purchase options, aligning with shifting preferences in cities like McKinney, Denton, and Fort Worth [2] - This initiative supports Hiley Volkswagen's long-term strategy to grow its presence in North Texas, reflecting internal improvements in dealership operations [3] Group 2: Operational Enhancements - The dealership has implemented digital reservation capabilities and streamlined customer engagement tools, allowing customers to reserve upcoming models online [3] - Coordinated updates to sales processes, staff training, and customer service systems have been made to ensure a smooth customer experience as new models are introduced [4] Group 3: Customer Support Services - Hiley Volkswagen offers a range of support services, including maintenance, test-drive scheduling, service coupons, and personalized account features, emphasizing convenience-focused service delivery [5] - The dealership's commitment to long-term customer relationships is reflected in these enhanced support services [5] Group 4: Additional Information - Customers are encouraged to visit the dealership's website for more information on the availability and reservation process for the 2026 Volkswagen models, with further updates expected throughout the model year [6]
CarMax, Inc. (KMX) Securities Class Action Filed, Shares Fall Again Amid Disclosure of Expected Comparable Store Unit Sales Decline -- Hagens Berman
Prnewswire· 2025-11-26 13:50
Core Viewpoint - CarMax, Inc. experienced a significant decline in share price following the announcement of CEO Bill Nash's termination and a negative Q3 2026 sales outlook, indicating deeper issues within the company [1][7]. Financial Performance - CarMax reported a 24% year-over-year decline in net EPS for Q2 2026, with retail used unit sales down 5.4% and comparable store used unit sales down 6.3% [5]. - The CarMax Auto Finance (CAF) loan portfolio faced challenges, with revenue declining by 11.02% year-over-year due to a $142 million loan loss provision, marking a nearly 40% sequential increase and a 24% year-over-year jump [6]. Management and Corporate Governance - The termination of CEO Bill Nash on November 6, 2025, raised concerns about the company's leadership and strategic direction [1][7]. - Prior to the CEO's termination, CarMax had assured investors of strong growth prospects, claiming a fragmented market would support continued sales and earnings growth [4]. Legal and Regulatory Issues - Hagens Berman, a national shareholders rights firm, is investigating potential legal claims against CarMax related to misleading disclosures about its business model and growth prospects [2][3]. - The class action litigation focuses on whether CarMax intentionally misled investors regarding its financial health and the quality of its CAF portfolio [7].
KMX SECURITIES ALERT: BFA Law Notifies CarMax, Inc. Shareholders of Pending Securities Fraud Class Action and Upcoming January 2 Deadline
Newsfile· 2025-11-26 12:17
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 [2][4]. Company Overview - CarMax, Inc. is a retailer specializing in used cars, which has recently faced legal challenges due to allegations of misleading statements regarding demand for its vehicles [5]. Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, with 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]. Stock Performance - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [8]. - The unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 outlook, led to an additional stock price drop of over 24% [8]. Legal Proceedings - Investors have until January 2, 2026, to request to lead the class action case, which is currently pending in the U.S. District Court for the District of Maryland [4]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [4].
ROSEN, NATIONAL TRIAL COUNSEL, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KMX
Globenewswire· 2025-11-26 02:48
Core Viewpoint - Rosen Law Firm is reminding investors who purchased CarMax, Inc. securities between June 20, 2025, and November 5, 2025, about the January 2, 2026, deadline to become a lead plaintiff in a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought CarMax securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 2, 2026 [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 [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages CarMax, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KMX
Newsfile· 2025-11-26 02:36
Core Viewpoint - Rosen Law Firm is urging investors of CarMax, Inc. to secure legal counsel before the January 2, 2026 deadline for a securities class action lawsuit related to misleading statements made by the company during the class period from June 20, 2025, to November 5, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased CarMax securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 2, 2026 [3]. - The lawsuit alleges that CarMax's management made materially false statements regarding the company's growth prospects, which were based on temporary market conditions rather than sustainable business performance [5]. Group 2: Rosen Law Firm's Credentials - 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 achieving significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and recovering over $438 million for investors in 2019 alone [4].