RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2025. Third Quarter Highlights:(1) (1) Comparisons to the prior year's third quarter unless otherwise stated Interim CEO Commentary: "I'm honored to serve as Interim President and CEO at this important juncture for CarMax. Our unmatched physical and digital infrastructure, beloved national brand, and award-winning culture provide us with incredible advantages. Despite these advantages, bas ...

Core Insights - CarMax, Inc. reported a decrease in retail used unit sales by 5.4% and a 6.3% decline in comparable store used unit sales for the second quarter ended August 31, 2025 [1] - Wholesale units also saw a decrease of 2.2% [1] - Despite the decline in unit sales, the company maintained solid unit margins, with gross profit per retail used unit at $2,216, gross profit per wholesale unit at $993, and Extended Protection Plans (EPP) margin per retail unit at $576, all consistent with the prior year's second quarter [1]