{"schema_version":"secwatch.filing_event.v1","accession":"0001170010-22-000102","form_type":"8-K","ticker":"KMX","cik":"0001170010","company_name":"CARMAX INC","filed_at":"2022-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.804265+00:00","generated_at":"2026-06-20T23:51:06.593104+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CarMax Q3 FY2023 EPS $0.24 (down 85%); revenue $6.5B (-24%); used units -21%; wholesale -37%; pauses buybacks","bullets":["Net earnings per diluted share $0.24 vs $1.63 a year ago; net earnings $37.6M, down 86%.","Net revenues $6.5B, down 23.7%; used vehicle units sold 180K (-20.8%), comparable store sales -22.4%.","Wholesale units 118,757, down 36.7%; wholesale GP per unit $966 vs $1,131; bought 238K vehicles (-39.8%).","CAF income $152.2M (-8.3%); provision for loan losses rose to $85.7M from $76.2M; weighted avg contract rate 9.8% up from 8.3%.","Fiscal 2023 capex forecast reduced to ~$450M from $500M; share repurchases paused after $2.6M in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001170010-22-000102","json":"https://secwatch.observer/filing/0001170010-22-000102.json","markdown":"https://secwatch.observer/filing/0001170010-22-000102.md","text":"https://secwatch.observer/filing/0001170010-22-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1170010/000117001022000102/0001170010-22-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1170010/000117001022000102/kmx-20221222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T23:51:06.593104+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b803b245be580d88e9e8a14e85364d79b7829f66","claim":"CARMAX INC reported third quarter ended November 30, 2022 results: revenue $6.5 billion, EPS $0.24.","evidence_excerpt":"Net revenues of $6.5 billion, down 23.7% compared with the prior year third quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1170010/000117001022000102/0001170010-22-000102-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended November 30, 2022"},{"label":"Revenue","value":"$6.5 billion"},{"label":"EPS","value":"$0.24"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}