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Why Is Lithia Motors (LAD) Down 11.5% Since Last Earnings Report?
ZACKS· 2025-11-21 17:31
A month has gone by since the last earnings report for Lithia Motors (LAD) . Shares have lost about 11.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Lithia Motors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.Lithia Q3 Earnings Beat EstimatesLithia reporte ...
America's Car-Mart, Inc. Schedules Second Quarter Fiscal Year 2026 Results and Conference Call
Globenewswire· 2025-11-20 13:30
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 ...
Ford and Amazon just redefined the used-car marketplace
Fastcompany· 2025-11-17 18:01
Core Insights - Amazon is expanding its presence in the used vehicle market through a partnership with Ford Motor Company, allowing car buyers in three major cities to access used vehicles more easily [1] Group 1: Partnership Details - The collaboration between Amazon and Ford aims to enhance the buying experience for used vehicles, indicating a strategic move by both companies to tap into the growing demand for pre-owned cars [1] - The initiative will initially be launched in three major cities, although specific locations have not been disclosed [1] Group 2: Market Implications - This partnership signifies Amazon's commitment to diversifying its offerings beyond traditional retail, potentially reshaping the used car market landscape [1] - The move could intensify competition in the used vehicle sector, as Amazon leverages its e-commerce platform to attract customers [1]
KMX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-11-16 20:40
Core Viewpoint - The CarMax class action lawsuit alleges that the company and its executives misrepresented growth prospects, leading to significant stock price declines following disappointing financial results and executive termination announcements [3][4][5]. Group 1: Class Action Details - The class action lawsuit is titled Cap v. CarMax, Inc., and it involves purchasers of CarMax securities from June 20, 2025, to November 5, 2025 [1]. - Investors have until January 2, 2026, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lawsuit claims that CarMax overstated its growth prospects, attributing earlier growth to temporary factors related to customer behavior influenced by tariff speculation [3]. Group 2: Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales for the second quarter of fiscal year 2026, with net earnings per diluted share dropping from $0.85 to $0.64 year-over-year [4]. - Following this report, CarMax's stock price fell approximately 20% [4]. - On November 6, 2025, CarMax announced the termination of CEO William D. Nash and projected a significant decline in used car sales for the third quarter, resulting in a further stock price drop of over 24% [5].
Poorly Run CarMax (KMX) “Misjudged” The Market, Says Jim Cramer
Yahoo Finance· 2025-11-16 15:03
We recently published 9 Stocks Jim Cramer Talked About in a Show Where He Advised OpenAI to Slow Down. CarMax, Inc. (NYSE:KMX) is one of the stocks Jim Cramer discussed on the show. CarMax, Inc. (NYSE:KMX) is one of the largest used vehicle retailers in America. November hasn't been a good month for the stock as its shares tumbled by a whopping 24% during trading on the 6th after it announced that its CEO would step down. Alongside the announcement, CarMax, Inc. (NYSE:KMX) also shared its outlook for the f ...
KMX INVESTOR ALERT: CarMax, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Newsfile· 2025-11-15 02:00
Core Points - The CarMax class action lawsuit has been initiated against CarMax, Inc. and certain executives for alleged violations of the Securities Exchange Act of 1934 during the class period from June 20, 2025, to November 5, 2025 [1][3] - Investors who suffered losses during this period can seek to be appointed as lead plaintiff by January 2, 2026 [1][6] Allegations - The lawsuit claims that CarMax recklessly overstated its growth prospects, attributing earlier growth in fiscal year 2026 to temporary factors related to customer behavior influenced by tariff speculation [3] - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales and a 6.3% decrease in comparable store unit sales, with net earnings per diluted share dropping to $0.64 from $0.85 year-over-year, leading to a 20% drop in share price [4] - Following the termination of CEO William D. Nash on November 4, 2025, and the expectation of weak third-quarter sales, CarMax shares fell over 24% [5] Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased CarMax securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [6] About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]
Does CarMax (KMX) Have the Potential for Price Improvement?
Yahoo Finance· 2025-11-06 13:15
Group 1 - The FPA Crescent Fund reported a gain of 5.54% in Q3 2025 and 15.32% over the trailing twelve months, with top five performers contributing 6.65% to the return and bottom five detracting 2.58% [1] - CarMax, Inc. (NYSE:KMX) has experienced a one-month return of -7.48% and a 52-week loss of 46.61%, with a market capitalization of $5.993 billion as of November 5, 2025 [2] - The management of CarMax has faced criticism for missteps, including withdrawing 2030 unit sales targets and overbuying inventory, leading to a 47% decline in share price year to date [3] Group 2 - Despite the disappointing management execution, CarMax shares are considered inexpensive, trading at approximately 12x forward consensus earnings and 1.1x tangible book value [3] - Two independent directors purchased shares in early October, indicating potential confidence in the company's future [3] - CarMax has increased its share repurchase program, although there is a preference for delaying repurchases until the market absorbs the current negative news [3]
America’s Car-Mart Closes $300 Million Term Loan to Enhance Capital Structure
Globenewswire· 2025-10-30 20:05
Core Viewpoint - America's Car-Mart, Inc. has successfully closed a new five-year, $300 million term loan facility, enhancing its capital structure and supporting long-term growth opportunities [1][2][4]. Group 1: Loan Details - The new term loan matures on October 30, 2030, and carries an interest rate of SOFR plus 7.50% per annum [3]. - The loan is secured and subject to customary financial and operational covenants, with warrants issued to Silver Point Capital allowing the purchase of up to 10% of the Company's fully diluted outstanding shares at the current market price [3]. Group 2: Strategic Implications - The repayment of the asset-backed line of credit (ABL) simplifies the balance sheet and creates a more flexible capital structure [2]. - The new capital will provide the Company with the flexibility and agility needed for its operations and originations, aligning with its multi-year efforts to improve its platform and adapt to market dynamics [4][5]. Group 3: Company Background - America's Car-Mart operates automotive dealerships in 12 states, focusing on the "Integrated Auto Sales and Finance" segment of the used car market, emphasizing superior customer service [7]. - The Company is one of the largest publicly held automotive retailers in the U.S., primarily serving smaller cities in the South-Central region [7]. Group 4: Partnership and Advisory - Silver Point Capital, a leading global credit investing firm, provided the financing solution, reflecting confidence in America's Car-Mart's market position and enterprise durability [6][8]. - Jefferies Finance LLC acted as the financial advisor, while Mayer Brown served as legal counsel for the transaction [6].
Here’s What Pressured CarMax (KMX) in Q3
Yahoo Finance· 2025-10-30 12:34
Diamond Hill Capital, an investment management company, released its “Select Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets continued their YTD rally in the third quarter, with the Russell 3000 Index surging 8%. At the same time, the portfolio underperformed the Russell 3000 Index, returning 4.98%. To get an idea of the fund’s best choices for 2025, check out its top 5 positions. In its third-quarter 2025 investor letter, Diamond Hill Select Fund highlighted ...
Lithia Motors: Valuation To Stay Rangebound Due To Poor New Vehicle GPU
Seeking Alpha· 2025-10-30 12:32
Core Viewpoint - Lithia Motors (LAD) is performing well in the used vehicle and aftersales segments, but faces challenges in new vehicle profitability and consumer affordability [1]. Group 1: Company Performance - Lithia Motors is experiencing success in the used vehicle market and aftersales services, indicating strong operational performance in these areas [1]. - New vehicle profitability for Lithia Motors is under pressure, suggesting potential challenges in maintaining margins in this segment [1]. Group 2: Market Conditions - Consumer affordability remains a significant issue, which could impact sales and profitability for Lithia Motors in the new vehicle segment [1].