{"schema_version":"secwatch.filing_event.v1","accession":"0001170010-26-000102","form_type":"8-K","ticker":"KMX","cik":"0001170010","company_name":"CARMAX INC","filed_at":"2026-09-29T11:00:30+00:00","discovered_at":"2026-09-29T11:05:00.177267+00:00","generated_at":"2026-10-12T13:41:17.570687+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"CarMax Q2 FY27: revenue up 19.5% to $7.9B, EPS $1.16 (+81%), share buybacks to resume","bullets":["Q2 FY27 net earnings $165.3M (+73.3%) on EPS of $1.16 vs $0.64; total net revenues $7.9B, up 19.5%; combined retail and wholesale units 387,735, up 14.7%.","Used retail units 227,391 (+13.8%), comps +13.0%; used GPU fell $111 to $2,105 on pricing actions. Wholesale units 160,344 (+15.9%), wholesale GPU $858, down $135.","CAF income rose 32.1% to $135.6M; provision fell $28.8M to $113.4M; $16.6M gain on loan sale; CAF financed 22% of Tier 2 volume vs 10%, net penetration 40.9% vs 42.6%.","SG&A rose 4.6% to $628.6M but SG&A per unit improved 8.8% to $1,621; CarMax targets $200M exit-rate savings by end of FY2027. Repurchases to resume modestly in Q3; $1.31B remains authorized.","Opened offsite auction store in Conroe, Texas, and store in Richland, Washington; Austin store opened after quarter. Strategic Update Nov. 3, 2026; Q3 earnings Dec. 17, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001170010-26-000102","json":"https://secwatch.observer/filing/0001170010-26-000102.json","markdown":"https://secwatch.observer/filing/0001170010-26-000102.md","text":"https://secwatch.observer/filing/0001170010-26-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1170010/000117001026000102/0001170010-26-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1170010/000117001026000102/kmx-20260929.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:41:17.570687+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}