San Francisco, California--(Newsfile Corp. - November 20, 2025) - A new securities class action lawsuit against CarMax, Inc. (NYSE: KMX) has expanded the alleged class period to now include investors who purchased or otherwise acquired CarMax securities between June 20, 2025 and November 5, 2025.The period has been lengthened to include the severe market reaction to CarMax's announcement that it fired CEO Bill Nash, news which drove the price of CarMax shares down as much as $9.48 (-23%) on November 6, 202 ...

Company bringing nearly 30 jobs to RogersRICHMOND, VA, Nov. 20, 2025 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, announced the grand opening of its very first store in Arkansas, located at 6360 South Dixieland Road in Rogers. With the opening, CarMax now has 255 stores across 42 states nationwide. The new Rogers location is 11,500 square feet and has the capacity to stock approximately 500 used vehicles of nearly every make and model. CarMax offers customers the ...

Core Points - The Gross Law Firm has issued a notice to shareholders of CarMax, Inc. regarding a class action lawsuit for alleged misleading statements made by the company during the class period from June 20, 2025, to September 24, 2025 [1] - The allegations include that CarMax's growth prospects were overstated and that earlier growth was a temporary effect due to customer speculation about tariffs, leading to materially false and misleading statements about the company's business and operations [1] Summary by Sections Class Action Details - Shareholders who purchased shares of CarMax during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1] - The deadline for shareholders to register for the class action is January 2, 2026, and there is no cost or obligation to participate [2] Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3]

ROGERS, Ark., Nov. 20, 2025 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2026 second quarter financial results on Thursday, December 4, 2025, before the market opens. A webcast and conference call will be held that same day at 9:00 a.m. ET to review the Company’s results. Participants may access the conference call via webcast using this link: Webcast Link Here. To participate via telephone, please register in advance using this Registration Link. Upon r ...

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 ...

MEMPHIS, Tenn., Nov. 19, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its first quarter ended Saturday, November 22, 2025, before market open on Tuesday, December 9, 2025. Additionally, the Company will host a one-hour conference call on Tuesday, December 9, 2025, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be acces ...

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 ...