Added to YB: 2026-10-06
Pitch date: 2026-09-29
KMX [bullish]
CarMax, Inc.
-11.02%
current return
Author Info
Consumer Spec is your dedicated consumer sector specialist desk — delivering the most actionable pre-market research, trade ideas, analyst calls, and sector-moving news across Consumer Discretionary and Consumer Staples every morning before the opening bell. Sign up for the newsletter.
Company Info
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.
Market Cap
$7.8B
Pitch Price
$59.14
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.97
P/E
26.80
EV/Sales
0.87
Sector
Specialty Retail
Category
turnaround
Consumer Spec - Pre Market Wrap - KMX +6%: BLOWOUT Q2 AS COMPS SURGE 13%, EPS NEARLY DOUBLES; BUYBACK RESUMPTION SIGNALS CONFIDENCE
KMX (earnings): CarMax’s Q2 provided the strongest evidence yet that “Shift into GEAR” is gaining traction: comparable used-unit sales rose 13% versus 5.6% expected, revenue beat by 11.8%, and EPS nearly doubled to $1.16. SG&A per unit fell 8.8%, separating the result from a purely favorable used-car market. Risks are lower per-unit gross profit and a potential reversal of CAF’s loan-loss provision benefit.
Read full article (4 min)