KMX
CarMax, Inc.
September 29, 2026 · pre-market
- Rarity
- 2.18
- Peak move
- +10.17%
- Float cap
- $7.7B
CarMax, Inc. is the largest U.S. retailer of used vehicles, selling quality used cars and related products and services to retail customers through no-haggle, omni-channel stores and online platforms. It also buys vehicles from consumers and dealers, sells vehicles that do not meet retail standards at wholesale auctions to licensed dealers, and provides used-vehicle financing through CarMax Auto Finance and third-party providers.
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What we found
7 events · 3 from SEC or newswire · 0 timed with the move- Key event
earnings_releaseCarMax reported Q2 FY2027 results for the quarter ended Aug 31, 2026, with net revenues up 19.5% to about $7.9 billion, EPS of $1.16 versus $0.64 a year ago, and combined retail and wholesale unit sales of 387,735, up 14.7%.
SEC8-K 0001170010-26-000102Websec.govWebtradeshownews.comWebrutlandherald.comWebin.marketscreener.com - Key event
buybackCarMax said it intends to resume share repurchases at a modest level in Q3 FY2027 after buying no shares in Q2, with $1.31 billion remaining under its authorization as of Aug 31, 2026.
SEC8-K 0001170010-26-000102Websec.govWebtipranks.comWebbarrons.comWebtradeshownews.comWebin.marketscreener.comWebbarrons.com - Key event
investor_dayCarMax said it will host a virtual Strategic Update on November 3 at 8:00 a.m. ET to provide details on its Shift into GEAR growth strategy, key initiatives and milestones.
SEC8-K 0001170010-26-000102 executive_appointmentCarMax named Elizabeth Dirgins Executive Vice President, Chief Digital and Customer Officer effective Oct 5, joining from Volkswagen Financial Services, and promoted Jeff Campbell to Senior Vice President of Strategy, both reporting to CEO Keith Barr.
analyst_ratingStephens analyst Jeff Lick maintained an Overweight rating on CarMax and raised his price target to $74 from $66 ahead of the company's fiscal Q2 report.
layoff_restructuringCarMax cut 145 corporate staff, about 4% of its corporate workforce, in its third layoff in 12 months as part of a plan to reach $200 million in annualized overhead savings by the end of fiscal 2027.
commodity_eventCox Automotive's Manheim Used Vehicle Value Index fell 1% from August to 206.2 in the first half of September 2026, down 0.4% year over year for the first annual decline of 2026, with non-adjusted wholesale prices down 1.1% and wholesale supply at 27.8 days.