NEW YORK, Sept. 28, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CarMax, Inc. (NYSE: KMX) for 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. Why Is CarMax being Investigated?CarMax sells used cars. During the relevant period, the Company touted the strong and sustainable demand for its cars, ...

A sharp sell-off has reset expectations for the country's largest used car retailer -- and the long-term story still looks intact.CarMax (KMX -1.61%), the leading omnichannel seller of used vehicles, was hit hard after its latest update. The stock fell more than 20% on Thursday following weaker-than-expected results and a cautious tone on demand. Additionally, the market's reaction may also reflect mounting concerns about credit trends inside CarMax Auto Finance and the durability of consumer demand as rate ...

NEW YORK--(BUSINESS WIRE)---- $KMX #BFALaw--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into CarMax, Inc. (NYSE: KMX) for 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. Why Is CarMax being Investigated? CarMax sells used cars. During the relevant period, the Company touted the strong and sustainable demand for its cars,. ...

In this instance, you want the share price to move beyond a specific range, either up or down, to profit from the trade.In this case, you’re buying the $47.50 call and the $40.00 put. The options’ Vol/OI ratios yesterday were both over 59, putting them in seventh and eighth spots in the top 10.The long strangle strategy is a bet on higher volatility and significant share price movement in either direction. It involves buying a call option OTM and buying a put option OTM at a lower strike price.The two in qu ...

CarMax Inc (NYSE: KMX) posted weaker-than-expected second-quarter results on Thursday.The used-car retail giant reported second-quarter earnings per share of 64 cents, missing the analyst consensus estimate of $1.09. Quarterly sales of $6.594 billion (down 6% year over year) missed the Street view of $7.024 billion.The company bought 293,000 vehicles in total in the second quarter, a 2.4% decrease. Of these, 262,000 came from consumers (down 2.7%) and 31,000 from dealers (up 0.2%)."While this was a challeng ...

CarMax Inc (NYSE: KMX) posted weaker-than-expected second-quarter results on Thursday.The used-car retail giant reported second-quarter earnings per share of 64 cents, missing the analyst consensus estimate of $1.09. Quarterly sales of $6.594 billion (down 6% year over year) missed the Street view of $7.024 billion.The company bought 293,000 vehicles in total in the second quarter, a 2.4% decrease. Of these, 262,000 came from consumers (down 2.7%) and 31,000 from dealers (up 0.2%)."While this was a challeng ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of CarMax, Inc. (CarMax or the Company) (NYSE: KMX) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CARMAX, INC. (KMX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On April 10, 2025, CarMax released its fourth quarter and. ...

公司概况 - 公司是美国领先的二手车零售商 采用不议价定价策略并拥有广泛库存 [1] - 公司通过两个部门运营 包括CarMax销售运营和CarMax汽车金融 [1] - 公司在汽车零售行业与AutoNation和Penske Automotive Group等主要参与者竞争 [1] 股价表现 - 股价从近期高点下跌20.07% 当前交易价格为45.60美元 变动额为-11.45美元 [3] - 当日交易区间为42.75美元至46.65美元 52周区间为42.75美元至91.25美元 [4] - 单日交易量达2842万股 显示投资者兴趣活跃 [5] 财务指标 - 公司市值约为68.4亿美元 显示市场重要地位 [4][6] - 第二季度盈利报告未达市场预期 导致股价显著下跌 [3] 分析师观点 - RBC资本设定新目标价59美元 较当前价格存在29.39%上行潜力 [2][6] - 新目标价可能为未来复苏和增长提供积极展望 [5]

收入和利润（同比环比） - 2026财年第二季度净销售额为65.947亿美元，同比下降6.0%[125] - 2026财年上半年净销售额为141.412亿美元，同比微增0.1%[125] - 2026财年第二季度净利润为9540万美元，同比下降28.2%[125] - 2026财年上半年净利润为3.058亿美元，同比增长7.2%[125] - 二手车销售收入第二季度同比下降7.2%至52.707亿美元，销量下降5.4%至199,729辆[141][142] - 批发车辆收入第二季度同比下降0.4%至11.496亿美元，销量下降2.2%至138,302辆[141][142] - 延长保护计划收入第二季度同比下降5.2%至1.151亿美元[141] - 第三方金融收入净额第二季度同比下降153.4%至亏损800万美元[141] - 广告和订阅收入第二季度同比增长10.3%至3,790万美元[141] - CAF收入在2026财年第二季度和上半年分别为1.026亿美元和2.443亿美元，同比下降11.2%和7.0%[184] 成本和费用（同比环比） - 总毛利润第二季度同比下降5.6%至7.177亿美元[155] - 二手车毛利润在2026财年第二季度下降7.6%，主要由于二手车总销量下降5.4%和单车毛利润下降53美元[159] - 批发车辆毛利润在2026财年第二季度下降0.4%，主要由于批发销量下降2.2%[161] - 其他毛利润在2026财年第二季度下降4.2%，主要由于EPP收入下降[163] - 销售及行政管理费用在2026财年第二季度下降950万美元（1.6%），主要由于股权激励费用减少970万美元[167] - 销售及行政管理费用占毛利润比例在2026财年第二季度为83.8%，较上年同期上升350个基点[167] - 利息费用在2026财年第二季度为2850万美元，与上年同期的2700万美元基本持平[171] - 贷款损失拨备在2026财年第二季度和上半年分别为1.422亿美元和2.439亿美元，同比增加26.3%和25.9%[184][188] 业务线表现 - 2026财年第二季度二手车销量为199,729辆，同比下降5.4%[125] - 2026财年上半年二手车销量为429,939辆，同比增长1.8%[125] - 二手车平均售价第二季度同比下降1.0%至25,993美元[143] - 可比门店二手车销量第二季度同比下降6.3%[144] - 二手车单车毛利润第二季度为2,216美元，毛利率保持8.4%[156] - 二手车单车毛利润在2026财年第二季度较第一季度下降约200美元[159] - CarMax Auto Finance（CAF）在2026财年上半年为42.1%的零售二手车销售提供融资[120] - CAF管理的汽车贷款组合规模达176.9亿美元，服务约110万个客户账户[120] - 净汽车贷款发放额在2026财年第二季度和上半年分别为20.396亿美元和43.58亿美元，同比下降5.6%和1.5%[183] - 加权平均合同利率在2026财年第二季度和上半年分别为11.2%和11.3%，低于2025财年同期的11.5%和11.4%[183] - 净利息收益率在2026财年第二季度和上半年分别增至6.6%和6.5%，而2025财年同期均为6.1%[184] - 贷款损失准备金占投资持有汽车贷款的比例在2025年8月31日为3.02%，高于2024年8月31日的2.82%[184][188] - 年化净信贷损失占平均投资持有汽车贷款的比例在2026财年第二季度和上半年分别为2.56%和2.25%，高于2025财年同期的2.36%和1.99%[184] 运营和财务效率 - 公司门店数量从250家增加到253家[147] - 2025财年实现每单位成本节约约125美元，预计2026财年将再实现每单位125美元的成本节约[132] - 公司计划在未来18个月内削减至少1.5亿美元的SG&A费用[134] - 2026财年上半年经营活动产生的净现金为10.9亿美元，较上年同期的5.014亿美元增长117.5%[190] - 2026财年上半年资本支出为2.682亿美元，较上年同期的2.131亿美元增长25.9%[194] - 2026财年上半年股票回购金额为3.849亿美元，较上年同期的2.133亿美元增长80.5%[197] - 有效所得税率在2026财年第二季度为25.0%[172] 资本结构和流动性 - 公司总债务为18,643,782千美元，现金及现金等价物为540,374千美元[198] - 无追索权票据应付余额为17,056,916千美元，占债务总额的91.5%[198] - 现金及现金等价物较2月28日增长118.8%，从246,960千美元增至540,374千美元[198] - 资产支持定期融资交易相关无追索权票据应付余额为134.9亿美元[201] - 仓储设施相关无追索权票据应付余额为35.7亿美元[201] - 2026财年前六个月完成39.3亿美元资产支持定期融资交易[201] - 仓储设施未使用额度为25.3亿美元[201] - 董事会授权20亿美元股票回购计划，其中15.6亿美元尚未使用[204] - 循环信贷额度为20亿美元，截至8月31日未提取[198][201] - 公司遵守所有财务契约要求，债务协议未出现违约[198] 管理层讨论和指引 - 公司预计2026财年第三季度从非优质贷款证券化交易中获得2500万至3000万美元的销售收益[177] - 每增加1个百分点的CAF渗透率预计每年产生1000万至1200万美元的税前收入[179]

Key Takeaways CarMax benefits from its nationwide footprint, reconditioning centers, and logistics network.Acquisition of Edmunds and EV battery insights via Recurrent boost digital and EV market position.CarMax faces tariff risks, a stretched balance sheet, and stiff competition from online rivals.CarMax, Inc. (KMX) , the largest retailer of used vehicles in the United States, is set to gain from its extensive footprint, strategic buyout and investor-friendly moves. However, reciprocal tariffs and a stretc ...