{"schema_version":"secwatch.filing_event.v1","accession":"0001170010-26-000017","form_type":"8-K","ticker":"KMX","cik":"0001170010","company_name":"CARMAX INC","filed_at":"2026-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.027461+00:00","generated_at":"2026-05-15T06:18:04.647511+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 reports Q4 net loss of $0.85/share; records $141M goodwill impairment; new CEO Keith Barr appointed","bullets":["Net loss of $120.7M ($0.85 EPS) vs. net income of $89.9M ($0.58) a year ago; adjusted EPS $0.34.","Revenue $5.95B, down 1.0% YoY; retail used units -0.8%, wholesale units +3.0%.","Recorded non-cash goodwill impairment of $141.3M; share repurchases paused after $50.4M in Q4.","Keith Barr appointed President & CEO effective March 16, 2026; increased SG&A reduction target to $200M by FY27.","CAF income $143.7M (-9.8%); loan loss provision $73.9M; $100M non-prime loans held for sale."],"urls":{"canonical":"https://secwatch.observer/filing/0001170010-26-000017","json":"https://secwatch.observer/filing/0001170010-26-000017.json","markdown":"https://secwatch.observer/filing/0001170010-26-000017.md","text":"https://secwatch.observer/filing/0001170010-26-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1170010/000117001026000017/0001170010-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1170010/000117001026000017/kmx-20260414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:18:04.647511+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":"9a80f519c5da1b44a56da6b3733db1b474a85ca5","claim":"CARMAX INC reported the fourth quarter and fiscal year ended February 28, 2026 results: EPS ($0.85) versus $0.58 a year ago. Guidance raised.","evidence_excerpt":"Net (loss) earnings per diluted share of ($0.85) versus $0.58 a year ago, as the quarter was negatively impacted by $0.99 related to a non-cash goodwill impairment and $0.20 of restructuring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1170010/000117001026000017/0001170010-26-000017-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended February 28, 2026"},{"label":"EPS","value":"($0.85) versus $0.58 a year ago"},{"label":"Guidance","value":"raised"},{"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"}