This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Used-car chain Carvana expects to retail more than 500,000 used cars and trucks in 2025, following record unit sales and revenues in the third quarter, according to Phoenix-based Carvana’s quarterly report. “Q3 was another large step on the path to achieving our current goal of selling 3 million cars, at a 13.5% adjusted EBITDA margin, in the next five to ten years. We’r ...

Core Insights - AutoZone, Inc. will release its first quarter results for the period ending November 22, 2025, on December 9, 2025, before market open [1] - A conference call to discuss the quarterly results will take place on December 9, 2025, at 10:00 a.m. (ET) [1] Company Overview - AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas, with a total of 7,657 stores as of August 30, 2025, including 6,627 in the U.S., 883 in Mexico, and 147 in Brazil [2][3] - The company offers a wide range of products for various vehicle types, including new and remanufactured automotive hard parts, maintenance items, and accessories [3] - AutoZone has a commercial sales program that provides prompt delivery and credit to repair garages, dealers, and service stations [3] - The company also sells products through its websites, including www.autozone.com and www.autozonepro.com, and offers automotive diagnostic software through www.alldata.com [3]

NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- 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. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/carmax-inc-loss-submission-form/?id=177905&from=3 CLASS PERIOD: June 20, 2025 to Septembe ...

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for securities fraud following a significant drop in stock price attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is led by Bleichmar Fonti & Auld LLP and claims violations 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]. 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]. Group 3: Stock Price Impact - Following the financial results announcement on September 25, 2025, CarMax's stock price dropped 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, and a weak preliminary Q3 outlook led to an additional stock price drop of over 24% [8]. Group 4: Company Operations - CarMax's previous claims of strong and sustainable demand for its cars were allegedly misleading, as the demand surge was primarily due to customers purchasing vehicles before the imposition of U.S. tariffs [5][6].

Economic Overview - The year 2025 has been turbulent for the U.S. economy, marked by elevated uncertainty and job market weakness [1] Investment Approach - The investment strategy focuses on fundamental long-term perspectives, with a history of investing in REITs, preferred stocks, and high-yield bonds since high school [2] - Recent strategies include combining long stock positions with covered calls and cash secured puts [2] Analyst and Disclosure Information - There are no current stock, option, or similar derivative positions in any mentioned companies, nor plans to initiate such positions within the next 72 hours [3] - The article expresses personal opinions and is not compensated beyond the platform [3]

NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- 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 resulting from the potential violations of the federal securities laws. If you invested in CarMax, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/carmax-inc-class-action-lawsuit. In ...

Core Insights - The company experienced significant unit growth for nearly two years before shifting strategies in early 2022, which led to a decline in growth and reliance on capital markets [1][2] Group 1: Business Strategy - The company launched in 2013 and was in growth mode until early 2022, when a strategic shift was made to reduce reliance on capital markets [1] - The shift in strategy resulted in a pullback on growth for approximately 1.5 to 2 years [1] Group 2: Unit Economics - The company ceased initiatives aimed at rapidly improving unit economics, which contributed to a reduction in business size and a return to previous equilibrium levels [2]

Core Viewpoint - Rosen Law Firm is urging investors of CarMax, Inc. to secure legal counsel before the January 2, 2026 deadline related to a securities class action lawsuit [2][4]. Group 1: Class Action Details - The class action pertains to CarMax securities purchased between June 20, 2025, and November 5, 2025, and aims to address alleged misleading statements made by the company during this period [2][6]. - The lawsuit claims that CarMax's growth prospects were overstated, attributing earlier growth to temporary factors rather than sustainable business practices [6]. Group 2: Legal Representation - Investors can join the class action without incurring out-of-pocket fees through a contingency fee arrangement [3]. - 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 significant settlements for investors [5]. Group 3: Next Steps for Investors - Interested investors are encouraged to visit the Rosen Law Firm's website or contact them directly for more information on joining the class action [4][7]. - It is noted that no class has been certified yet, and investors have the option to remain absent or select their own counsel [8].

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 lead plaintiffs in a securities class action lawsuit [1][3]. 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 act by January 2, 2026, to serve as lead plaintiffs [3][5]. - The lawsuit alleges that CarMax's management 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 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 [4].

New York, New York--(Newsfile Corp. - November 18, 2025) - If you suffered a loss on your CarMax, Inc. (NYSE: KMX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=178005&wire=5&utm_campaign=1or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A class ...