secwatch.observer — SEC 8-K summary
======================================

Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001170010-25-000080
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax Q1 EPS $1.38 (+42% YoY); retail used units +9.0%, comp store +8.1%
-------------------------------------------------------------------------

- Net EPS $1.38 vs $0.97 YoY (+42.3%); revenue $7.55B (+6.1%).
- Retail used units +9.0% (230,210); comp store used units +8.1%; wholesale units +1.2%.
- Total gross profit $893.6M (+12.8%); record retail used GPU $2,407 (+$60).
- CAF income $141.7M (-3.6%); earmarked $637.9M non-prime loans for sale to expand funding.
- Repurchased 3.0M shares for $199.8M; remaining authorization $1.74B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001025000080/0001170010-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001025000080/kmx-20250620.htm
  HTML page:      https://secwatch.observer/filing/0001170010-25-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer