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Carmax Inc (KMX)
NYSE:KMX
US Market

CarMax (KMX) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 14, 2026
Before Open (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
0.17
Last Year’s EPS
0.58
Same Quarter Last Year
Based on 17 Analysts Ratings

Earnings Call Summary

Q3 2026
Earnings Call Date:Dec 23, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted significant challenges faced by CarMax, including declines in sales and profitability, and pressures on retail and wholesale prices. However, the company has taken steps to address these issues, such as digital development, cost reduction initiatives, and growth in their finance segment. Despite these efforts, the negative trends in sales and earnings create a cautious outlook.
Company Guidance
During the CarMax third quarter fiscal year 2026 earnings call, several key metrics were discussed, highlighting the company's current challenges and strategic priorities. CarMax reported total sales of $5.8 billion, a decrease of 6.9% year-over-year, with retail unit sales down 8% and used unit comps declining by 9%. The average selling price for used vehicles was $26,400, reflecting a $230 increase from the previous year. Despite these figures, the company's net earnings per diluted share dropped to $0.43 from $0.81 in the prior year. CarMax is focusing on several initiatives to drive improvement, including lowering margins to enhance competitiveness, investing in marketing to improve sales trends, and achieving at least $150 million in SG&A savings by the end of fiscal year 2027. The company is also leveraging opportunities in CarMax Auto Finance (CAF) and ancillary products to boost profitability, with CAF income rising by 9% to $175 million. Additionally, CarMax is reassessing its cost structure, including a comprehensive review of COGS and digital platform enhancements, to provide a more streamlined customer experience.
Digital and Omnichannel Development
CarMax has invested significantly in digital capabilities, allowing customers to shop how and where they want, aiming to improve digital shopping experience and conversion rates.
SG&A Cost Reduction Goal
CarMax has set a goal to reduce SG&A expenses by at least $150 million by the end of fiscal year 2027, with a 30% reduction in CEC workforce as a significant step.
CarMax Auto Finance Growth
CAF income increased by 9% over last year, with a $175 million income for the quarter, and expansion in full credit spectrum lending.

CarMax (KMX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

KMX Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 14, 2026
2026 (Q4)
0.17 / -
0.58
Dec 23, 2025
2026 (Q3)
0.31 / 0.43
0.81-46.91% (-0.38)
Sep 26, 2025
2026 (Q2)
1.04 / 0.64
0.85-24.71% (-0.21)
May 31, 2025
2026 (Q1)
1.16 / 1.38
0.9742.27% (+0.41)
Apr 10, 2025
2025 (Q4)
0.66 / 0.58
0.3281.25% (+0.26)
Dec 19, 2024
2025 (Q3)
0.62 / 0.81
0.5255.77% (+0.29)
Sep 26, 2024
2025 (Q2)
0.85 / 0.85
0.7513.33% (+0.10)
Jun 21, 2024
2025 (Q1)
0.95 / 0.97
1.44-32.64% (-0.47)
Apr 11, 2024
2024 (Q4)
0.46 / 0.32
0.44-27.27% (-0.12)
Dec 21, 2023
2024 (Q3)
0.42 / 0.52
0.24116.67% (+0.28)
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 Apr 14, 2026, Before Open (Confirmed).
    What is Carmax Inc (KMX) earnings time?
    Carmax Inc (KMX) earnings time is at Apr 14, 2026, 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 (Q4) is 0.17.

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