• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    CarMax Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    9/25/25 7:07:31 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
    Get the next $KMX alert in real time by email
    kmx-20250925
    0001170010false00011700102025-09-252025-09-25

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K

    CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

    September 25, 2025
    Date of Report (date of earliest event reported)

    CARMAX, INC.
    (Exact name of registrant as specified in its charter)
    Virginia
    1-31420
    54-1821055
    (State or other jurisdiction of incorporation)
    (Commission File Number)
    (I.R.S. Employer Identification No.)
    12800 Tuckahoe Creek Parkway
    23238
    Richmond,
    Virginia
    (Address of Principal Executive Offices)
    (Zip Code)
    (804) 747-0422
    Registrant's telephone number, including area code

    Not applicable
    (Former name or former address, if changed since last report.)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common StockKMXNew York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
    ☐



      
    Item 2.02.Results of Operations and Financial Condition.
     CarMax, Inc. (the “Company”) issued a press release on September 25, 2025, announcing its second quarter results.  The press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference into this Item 2.02.
    Item 9.01.Financial Statements and Exhibits.
    (d) Exhibits
     
    The following exhibit is being furnished pursuant to Item 2.02 above.
    99.1
    Press release, dated September 25, 2025, issued by CarMax, Inc., entitled “CarMax Reports Second Quarter Fiscal Year 2026 Results.”
    104Cover Page Interactive Data File (embedded within the Inline XBRL document).




    SIGNATURES
     
        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
     
     
    CARMAX, INC.
    (Registrant)
    Dated: September 25, 2025
    By: /s/ Enrique N. Mayor-Mora
    Enrique N. Mayor-Mora
    Executive Vice President and
    Chief Financial Officer


    Get the next $KMX alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $KMX

    DatePrice TargetRatingAnalyst
    9/29/2025Buy → Neutral
    Seaport Research Partners
    9/26/2025Outperform → Perform
    Oppenheimer
    9/26/2025$52.00Outperform → In-line
    Evercore ISI
    9/25/2025Outperform → Neutral
    Wedbush
    8/6/2025$58.00Underweight → Neutral
    Analyst
    7/17/2025$75.00Buy
    The Benchmark Company
    7/1/2025$80.00Overweight
    Morgan Stanley
    5/19/2025$90.00Outperform
    Wedbush
    More analyst ratings

    $KMX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    CarMax downgraded by Seaport Research Partners

    Seaport Research Partners downgraded CarMax from Buy to Neutral

    9/29/25 9:49:12 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax downgraded by Oppenheimer

    Oppenheimer downgraded CarMax from Outperform to Perform

    9/26/25 8:04:21 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax downgraded by Evercore ISI with a new price target

    Evercore ISI downgraded CarMax from Outperform to In-line and set a new price target of $52.00

    9/26/25 8:04:21 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    $KMX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    CarMax Reports Second Quarter Fiscal Year 2026 Results

    CarMax, Inc. (NYSE: KMX) today reported results for the second quarter ended August 31, 2025. Second Quarter Highlights:(1) Retail used unit sales decreased 5.4% and comparable store used unit sales decreased 6.3%; wholesale units decreased 2.2%. Solid unit margins with gross profit per retail used unit of $2,216, gross profit per wholesale unit of $993, and Extended Protection Plans (EPP) margin per retail unit of $576, all in line with the prior year's second quarter. Bought 293,000 vehicles from consumers and dealers, a decrease of 2.4%. 262,000 vehicles were purchased from consumers, down 2.7% 31,000 vehicles were purchased through dealers, up 0.2% SG&A decreased 1

    9/25/25 6:50:00 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Earns Top Honors in 2025: Recently Ranked #6 on Fortune's Best Workplaces in Retail and #38 on PEOPLE's Companies That Care List

    RICHMOND, Virginia, Sept. 24, 2025 (GLOBE NEWSWIRE) -- CarMax (NYSE:KMX) has been named to Fortune magazine's 2025 Fortune Best Workplaces in Retail™ list for the 11th consecutive year, ranking #6 in the large company category. CarMax was also recently honored by Great Place To Work® and PEOPLE magazine as one of the 2025 PEOPLE® Companies that Care, ranking #38 and marking the company's fifth appearance on the list. These recognitions, as well as other awards achieved this year, highlight CarMax's people-first culture and commitment to helping its communities thrive. "We are incredibly proud of CarMax's associates for their dedication to each other, our customers, and our communities,"

    9/24/25 9:35:00 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Announces Second Quarter Conference Call

    CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2025 before the market opens on September 25, 2025, 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 Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon Daniels, executive vice president, CarMax Auto Finance. The live conference call can be accessed by dialing (800) 225-9448 (or (203) 518-9708 for international access) and entering the conference ID 3171396. A live audio webcast also will be available at investors.carmax.com. A replay of the webcast will be available on the c

    9/4/25 5:00:00 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    $KMX
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Steenrod Mitchell D bought $85,137 worth of shares (1,300 units at $65.49), increasing direct ownership by 4% to 33,577 units (SEC Form 4)

    4 - CARMAX INC (0001170010) (Issuer)

    4/25/25 4:08:42 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    $KMX
    SEC Filings

    View All

    $KMX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 10-Q filed by CarMax Inc

    10-Q - CARMAX INC (0001170010) (Filer)

    9/26/25 12:04:40 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - CARMAX INC (0001170010) (Filer)

    9/25/25 7:07:31 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Inc filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    8-K - CARMAX INC (0001170010) (Filer)

    6/26/25 4:15:36 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    SVP, Gen Counsel & Secretary Stuckey John M Iii gifted 70 shares, decreasing direct ownership by 4% to 1,667 units (SEC Form 4)

    4 - CARMAX INC (0001170010) (Issuer)

    7/9/25 4:23:30 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    SVP, Gen Counsel & Secretary Stuckey John M Iii gifted 90 shares, decreasing direct ownership by 5% to 1,737 units (SEC Form 4)

    4 - CARMAX INC (0001170010) (Issuer)

    7/7/25 4:58:07 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    EVP, CAF Daniels Jon G sold $108,786 worth of shares (1,540 units at $70.64), decreasing direct ownership by 36% to 2,779 units (SEC Form 4)

    4 - CARMAX INC (0001170010) (Issuer)

    7/3/25 4:11:39 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    $KMX
    Financials

    Live finance-specific insights

    View All

    CarMax Reports Second Quarter Fiscal Year 2026 Results

    CarMax, Inc. (NYSE: KMX) today reported results for the second quarter ended August 31, 2025. Second Quarter Highlights:(1) Retail used unit sales decreased 5.4% and comparable store used unit sales decreased 6.3%; wholesale units decreased 2.2%. Solid unit margins with gross profit per retail used unit of $2,216, gross profit per wholesale unit of $993, and Extended Protection Plans (EPP) margin per retail unit of $576, all in line with the prior year's second quarter. Bought 293,000 vehicles from consumers and dealers, a decrease of 2.4%. 262,000 vehicles were purchased from consumers, down 2.7% 31,000 vehicles were purchased through dealers, up 0.2% SG&A decreased 1

    9/25/25 6:50:00 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Announces Second Quarter Conference Call

    CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2025 before the market opens on September 25, 2025, 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 Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon Daniels, executive vice president, CarMax Auto Finance. The live conference call can be accessed by dialing (800) 225-9448 (or (203) 518-9708 for international access) and entering the conference ID 3171396. A live audio webcast also will be available at investors.carmax.com. A replay of the webcast will be available on the c

    9/4/25 5:00:00 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    CarMax Reports First Quarter Fiscal Year 2026 Results

    CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2025. First Quarter Highlights:(1) Net earnings per diluted share increased 42.3% to $1.38 from $0.97 a year ago. Retail used unit sales increased 9.0% and comparable store used unit sales increased 8.1%; wholesale units increased 1.2%. Total gross profit increased 12.8% to $893.6 million, driven by higher unit volumes and strong unit margin performance. Record high gross profit per retail used unit of $2,407, up $60 per unit Historically strong gross profit per wholesale unit of $1,047, down $17 per unit Extended Protection Plans (EPP) margin per retail unit of $572, an increase of $9 pe

    6/20/25 6:50:00 AM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    $KMX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by CarMax Inc (Amendment)

    SC 13G/A - CARMAX INC (0001170010) (Subject)

    2/13/24 5:00:59 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    SEC Form SC 13G/A filed by CarMax Inc (Amendment)

    SC 13G/A - CARMAX INC (0001170010) (Subject)

    2/13/24 1:59:23 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

    SEC Form SC 13G/A filed by CarMax Inc (Amendment)

    SC 13G/A - CARMAX INC (0001170010) (Subject)

    2/9/24 5:46:33 PM ET
    $KMX
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary