---
schema_version: "secwatch.filing_event.v1"
accession: "0001170010-24-000132"
form_type: "8-K"
ticker: "KMX"
cik: "0001170010"
company_name: "CARMAX INC"
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:07:47.818129+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CarMax Q3 FY2025: EPS $0.81, up 56%; retail used units +5.4%

## Summary
- Net earnings per diluted share $0.81, up 55.8% from $0.52 a year ago; net earnings $125.4M.
- Total used vehicle unit sales +5.4% (184,243); comparable store used units +4.3%.
- Total gross profit $677.6M, up 10.6%; SG&A as % of gross profit improved to 85.0% from 91.4%.
- CAF income $159.9M, up 7.6% driven by net interest margin growth and average managed receivables.
- Repurchased 1.5M shares for $114.8M; $2.04B remaining under authorization.

## SEC filing metadata
- accession: 0001170010-24-000132
- form_type: 8-K
- ticker: KMX
- cik: 0001170010
- company_name: CARMAX INC
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1170010/000117001024000132/0001170010-24-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1170010/000117001024000132/kmx-20241219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001170010-24-000132
- JSON: https://secwatch.observer/filing/0001170010-24-000132.json
- Plain text: https://secwatch.observer/filing/0001170010-24-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.