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CarMax (KMX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2026 before the market opens on June 17, 2026, and it will host a conference call with investors at 8:00 a.m. ET to discuss these results. Please note that the Company has changed the time of its earnings conference calls to 8:00 a.m. ET. Participants on the call will include Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels.
A 21-year-old welder from Mississippi called into The Ramsey Show with a math problem most readers will never see on a calculator: $30,000 in debt on a truck at 30% interest, paid down with $800 a month out of a $3,200 monthly take-home check. Co-host George Kamel did not soften his reaction. "Whoever did that... How a 21-Year-Old Welder Can Escape a $30,000 Debt Spiral in One Decisive Move
NEW YORK, May 21, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or the "Company") (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
NEW YORK, May 14, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or the "Company") (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
CarMax (KMX) reported earnings 30 days ago. What's next for the stock?
NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add Robert O'Shaughnessy to the Company's Board of Directors (the “Board”), subject to shareholder approval at the Company's 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Additionally, the Company announced the planned retirements of Shira Goodman and Mitchell Steenrod, each of whom will not stand for re-election. “We.
NEW YORK, May 7, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or the "Company") (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
NEW YORK, April 30, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. ("CarMax" or the "Company") (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
On April 21, 2026, CarMax Inc (KMX) shares fell 4.0% to $39.04, continuing a downward trend that has seen the stock decline 6.3% over the past week and 6.7% ove
NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
Car rental and used car stocks are seeing a wide divergence in their performance. Three notable names across these industries are Avis Budget Group NASDAQ: CAR, CarMax NYSE: KMX, and Carvana NYSE: CVNA.
CarMax's fiscal fourth-quarter revenue fell slightly, though retail unit sales trends improved from the prior quarter. The company paused its share repurchase program as it works to manage its balance sheet.
Lower vehicle prices drove slight unit sales growth but reduced gross profit. New CEO plans $200 million in expense reductions for fiscal 2027, and structure the company to deal with the trading environment.
Carmax NYSE: KMX shares are trading near five-year lows, offering an intriguing opportunity. However, as insulated as it is from financial implosion, market forces are aligned to keep this stock from rising.
Assetmark Inc. grew its holdings in shares of CarMax, Inc. (NYSE: KMX) by 21.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 513,404 shares of the company's stock after buying an additional 91,980 shares during the quarter. Assetmark Inc.
CarMax (NYSE: KMX) executives said the company made "solid progress" in the fourth quarter of fiscal 2026 by leaning into lower pricing, higher acquisition marketing, and initial digital enhancements to improve sales trends, while also pushing forward with cost reduction initiatives and expanded finance capabilities. During the call, Interim Executive Chair Tom Folliard introduced Keith Barr
CarMax appears undervalued after a sharp sell-off driven by weak earnings and guidance, with much near-term downside likely priced in. KMX's strategic pivot to older, more affordable vehicles targets value-conscious and tier 2 customers, aligning with current consumer trends and economic headwinds. Suspending stock buybacks to prioritize operational turnaround and financial health is prudent given economic uncertainty and thin net income margins.
KMX tops Q4 EPS and revenue estimates, but pricing moves to lift sales squeeze retail margins as it targets bigger SG&A cuts.
Freestone Capital Holdings LLC acquired a new position in CarMax, Inc. (NYSE: KMX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 25,040 shares of the company's stock, valued at approximately $968,000. A number of other hedge funds and other institutional investors also
Using technology to streamline the buying and selling of cars is on the agenda at CarMax, as the used car retailer prepares a new strategic plan under the leadership of a new CEO.
CarMax beat on earnings this morning -- sort of. Non-GAAP profits were better than expected, but according to GAAP, CarMax actually lost money in Q4.
CarMax (KMX) experienced a decline in its stock price following the release of its Q4 results for February. The company's performance exceeded expectations for
CarMax, Inc. remains a Buy in the low $40s, with a fair value of ~$50, offering 15%+ upside despite near-term headwinds. KMX faces margin compression from weak used car pricing, higher loan loss provisions, and a strategic shift toward Tier 2 borrowers in its financing arm. Cost-cutting initiatives, paused buybacks, and conservative guidance position KMX for improved cash flow and potential EPS recovery in fiscal 2028.
The Nasdaq is gunning for a 10th-straight win, while the Dow and S&P 500 join in on the rally
CarMax, Inc. (KMX) Q4 2026 Earnings Call Transcript
CarMax (KMX) shares are coming under renewed pressure in premarket trading, falling as much as 12%, after management indicated that profit per retail vehicle co
The headline numbers for CarMax (KMX) give insight into how the company performed in the quarter ended February 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Top insights from the latest market news from Tuesday, April 14, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
CarMax (KMX) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.64 per share a year ago.
Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles.
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CarMax swung to a loss as it implements a turnaround strategy that has included price cuts to reestablish its place in the used-car market.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2026. Fourth Quarter Highlights:(1) Keith Barr appointed President and Chief Executive Officer, effective March 16, 2026. Combined retail and wholesale unit sales of 303,969, an increase of 0.7%. Retail used unit sales decreased 0.8% and comparable store used unit sales declined 1.9%; gross profit per retail used unit of $2,115 declined from last year's record.
Here are the earnings estimates, analyst ratings and key items to watch.
Netflix will report for the first time since breaking free from a major acquisition and raising its monthly prices in its home market. ASML and TSMC have more than doubled over the past year.
Top insights from the latest market news from Friday, April 10, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Alpha Omega Wealth Management LLC decreased its stake in shares of CarMax, Inc. (NYSE: KMX) by 29.0% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,172 shares of the company's stock after selling 18,038 shares during the
The move comes after Starboard urged the used-car retailer's new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”), the nation's largest retailer of used cars, today announced that it intends to add William “Bill” Cobb and Jim Kessler as new directors to the Company's Board of Directors (the “Board”), in connection with the Company's 2026 Annual Meeting of Shareholders. “The addition of Bill and Jim brings valuable auto industry and consumer expertise to the Board,” said Tom Folliard, Interim Executive Chair of the Board. “.
Besides Wall Street's top-and-bottom-line estimates for CarMax (KMX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended February 2026.
CarMax, Inc. (NYSE: KMX) will release earnings for its fourth quarter before the opening bell on Tuesday, April 14.
KMX heads into Q4 earnings with falling EPS forecasts as soft used-car demand weigh on expectations.
CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarMax (NYSE: KMX - Get Free Report) is projected to issue its Q4 2026 results before the market opens on Tuesday, April 14th. Analysts expect the company to announce earnings of $0.1830 per share and revenue of $5.6518 billion for the quarter. Parties can check the company's upcoming Q4 2026 earning summary page for the latest
Shares of the used-car retailer have fallen 46% in the past 12 months. But a fresh chapter could be at hand thanks to a new CEO and an activist investor.
Stephens raised its price target on CarMax (NYSE: KMX) stock to $43 from $39 while maintaining an Equal Weight rating ahead of the company's April 14 Q4 FY2026 earnings release.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into CarMax, Inc. (NYSE: KMX) (“CarMax” or the “Company”).On September 25, 2025, the Company announced its second quarter Fiscal Year 2026 financial results, disclosing, among other things, that retail unit sales had decreased 5.4%, comparable store unit sales had decreased 6.3.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Tom Folliard, Interim Executive Chair of the Board, Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels, Executive Vice President, CarMax Auto F.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NEW YORK and NEW ORLEANS, March 13, 2026 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq.
An activist investor has an idea for selling more used cars: charge less for them.
Starboard Value pressures CarMax to fix "execution gaps" and nominated two board members. KMX shares rose on the activist news.
KMX looks more attractive now as it offers scale and a profitable finance arm and engages in buybacks, while rival CVNA trades at a rich premium.
Steep depreciation and improving reliability are drawing more Americans to used electric vehicles, turning the pre-owned market into a key entry point for buyers priced out of new EVs as federal incentives fade.
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the “Board”) received a notice from Starboard Value LP (“Starboard”), nominating two directors for election to the Company's Board at the 2026 Annual Meeting of Shareholders and issued the following statement. “CarMax has been taking the necessary steps to ensure that this business delivers on its potential and is responsive to shareholders,” said Tom Folliard, Exec.
