CarMax Inc

KMX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CarMax Earnings: Magnitude of Consumers' Unwillingness to Buy Is a Negative Surprise

David Whiston

Sep 25, 2025

CarMax stock fell over 23% during Sept. 25 trading after reporting second-quarter fiscal 2026 diluted EPS of $0.64, down 24.7% year over year and drastically missing LSEG consensus of $1.05. Comparable store retail unit volume fell 6.3%, its worst decline since 9% in second-quarter fiscal 2024.

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CarMax Inc

CarMax Earnings: Magnitude of Consumers' Unwillingness to Buy Is a Negative Surprise

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