{"schema_version":"secwatch.filing_event.v1","accession":"0001170010-24-000014","form_type":"8-K","ticker":"KMX","cik":"0001170010","company_name":"CARMAX INC","filed_at":"2024-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.517564+00:00","generated_at":"2026-06-03T23:49:55.650315+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CarMax Q4 net revenues $5.6B (-1.7%); EPS $0.32 (-27%); retail used units +1.3%","bullets":["Net earnings per diluted share $0.32 vs $0.44 in prior year; prior year benefited from $0.08 EPP profit sharing and lower tax rate.","Total gross profit $586.2M (-4.1%); retail GP per used unit $2,251, wholesale GP per unit $1,120.","CAF income $147.3M, +18.9% YoY; CAF financed 42.3% of retail units at 11.5% weighted avg rate.","Long-term unit target >2M now expected between FY2026-FY2030, extended due to market recovery uncertainty.","FY2025 capex plan $500-550M; intends to modestly accelerate share repurchases in FY2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001170010-24-000014","json":"https://secwatch.observer/filing/0001170010-24-000014.json","markdown":"https://secwatch.observer/filing/0001170010-24-000014.md","text":"https://secwatch.observer/filing/0001170010-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1170010/000117001024000014/0001170010-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1170010/000117001024000014/kmx-20240411.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:49:55.650315+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":"e57413d4e9f8dbf8df9c24655fd01d48114f7e5a","claim":"CARMAX INC reported fourth quarter and fiscal year ended February 29, 2024 results: revenue $5.6 billion, EPS $0.32.","evidence_excerpt":"April 11, 2024 – CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 29, 2024. Fourth Quarter Highlights : • Net revenues were $5.6 billion, down 1.7% compared with the prior year fourth quarter. • Retail used unit sales increased 1.3% and comparable store used unit sales increased 0.1% from the prior year’s fourth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1170010/000117001024000014/0001170010-24-000014-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended February 29, 2024"},{"label":"Revenue","value":"$5.6 billion"},{"label":"EPS","value":"$0.32"},{"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"}