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CarMax Reports Second Quarter Fiscal Year 2026 Results

1. CarMax reports 5.4% drop in retail used unit sales this quarter. 2. Gross profits remain stable, indicating resilience despite lower sales.

Earnings
-20.06%Current Return
VS
-0.47%S&P 500
$57.0509/25 07:00 AM EDTEvent Start
$45.604509/25 04:04 PM EDTLatest Updated
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FAQ

Why Neutral?

While sales decreased, stable gross profits suggest operational efficiency. Historical trends show similar impacts resulted in limited price changes.

How important is it?

Sales decline could influence market perceptions, but strong margins mitigate risks.

Why Short Term?

Immediate sales decline may affect short-term investor sentiment. However, stable margins may stabilize stock performance quickly.

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ANHMCTSLA
RICHMOND, Va.--(BUSINESS WIRE)--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 qu.

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