Key Takeaways KMX posted Q1 EPS of $1.38, beating estimates and rising from 97 cents in the prior-year quarter. Used-vehicle sales rose 7.5% to $6.1B as units sold jumped 9% to 230,210 vehicles. KMX repurchased $199.8M in shares and has $1.74B remaining under its repurchase program.CarMax Inc. (KMX) reported first-quarter fiscal 2026 (ended May 31, 2025) adjusted earnings per share of $1.38, which beat the Zacks Consensus Estimate of $1.18. The bottom line rose from 97 cents per share recorded in the year ...

CarMax (KMX 5.91%) reported Q1 FY2026 earnings on June 20, 2025, with total sales rising 6% year over year to $7.5 billion, used unit comps up 8.1%, and record diluted EPS of $1.38, up 42% year over year. Management accelerated the share repurchase pace, advanced omnichannel and artificial intelligence (AI)-driven efficiency gains, and earmarked a $632 million principal balance of non-prime auto loans for a risk-mitigating securitization. The following analysis focuses on fundamental shifts in funding strat ...