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Carmax Inc (KMX)
NYSE:KMX
Earnings Data
Report Date
Dec 18, 2025Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.73Last Year’s EPS
0.81Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
While CarMax has made strides with initiatives like SG&A reductions, the 'Wanna Drive' campaign, and CAF expansion, the quarter faced significant challenges such as declining sales, unit volumes, and profitability issues. The results were further impacted by inventory mismatches and increased provisions for loan losses. Despite the strategic initiatives in place, the financial performance has been negatively affected, suggesting a cautious outlook.Company Guidance
SG&A Reductions Initiative
CarMax plans to deliver incremental SG&A reductions of at least $150 million over the next eighteen months by leveraging technology and improving efficiencies.
"Wanna Drive" Brand Campaign Launch
CarMax launched the "Wanna Drive" brand positioning campaign, highlighting their unique omnichannel experience and achieving record high net promoter scores.
CarMax Auto Finance (CAF) Expansion
CAF originated over $2 billion in sales, with a penetration rate of 42.6%, and completed a successful $900 million non-prime securitization transaction.
Wholesale Selling Price Increase
The average wholesale selling price increased approximately $125 per unit to $7,900.
KMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Sep 26, 2025 | $45.60 | $44.86 | -1.62% |
Apr 10, 2025 | $80.06 | $66.45 | -17.00% |
Dec 19, 2024 | $81.42 | $84.23 | +3.45% |
Sep 26, 2024 | $74.49 | $78.21 | +4.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Carmax Inc (KMX) report earnings?
Carmax Inc (KMX) is schdueled to report earning on Dec 18, 2025, Before Open (Confirmed).
What is Carmax Inc (KMX) earnings time?
Carmax Inc (KMX) earnings time is at Dec 18, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KMX EPS forecast?
KMX EPS forecast for the fiscal quarter 2026 (Q3) is 0.73.
