Highest-materiality recent filing
Net earnings $185.6M ($1.31 diluted EPS) vs $210.4M ($1.38) a year ago; revenue up 6.2% to $8.0B.
Net loss of $120.7M ($0.85 EPS) vs. net income of $89.9M ($0.58) a year ago; adjusted EPS $0.34.
CarMax adds Cobb and Kessler to board; Starboard withdraws nominations
CarMax nominates William Cobb (CEO, Frontdoor; former H&R Block CEO) and James Kessler (CEO, RB Global) as new directors for 2026 Annual Meeting.
CarMax names former IHG CEO Keith Barr as President and CEO effective March 16, 2026
Keith Barr appointed President and CEO, effective March 16, 2026; also to Board of Directors.
CarMax Q3 EPS $0.43 vs $0.81; CEO replaced; retail units down 8%
David McCreight named Interim President and CEO; Tom Folliard named Interim Executive Chair. Search for permanent CEO underway.
CarMax terminates CEO Nash, appoints McCreight interim; Q3 prelim comp sales down 8-12%
CEO Bill Nash terminated effective Dec 1, 2025; Board appoints director David McCreight as interim CEO.
CarMax Q2 EPS $0.64 vs $0.85 prior year; revenue down 6% to $6.59B; retail used units -5.4%
Net earnings of $95.4M ($0.64 diluted) vs $132.8M ($0.85) a year ago; revenue fell 6.0% to $6.59B.
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%).
CarMax Q4 EPS $0.58 vs $0.32 YoY; revenue $6.0B up 6.7%; retail used units +6.2%
Net earnings per diluted share $0.58 (up 81.3% YoY); net earnings $89.9M.
CarMax Q3 FY2025: EPS $0.81, up 56%; retail used units +5.4%
Net earnings per diluted share $0.81, up 55.8% from $0.52 a year ago; net earnings $125.4M.
CarMax Q2 EPS $0.85 (+13% YoY), retail used units +5.1%; CAF income -14.4%
Retail used unit sales rose 5.1% to 211,020; comparable store sales +4.3%.
CarMax Q1 EPS $0.97 vs $1.44; revenue down 7.5%, used units -3.1%
Net earnings per diluted share $0.97 vs $1.44 in prior year Q1; net earnings $152.4M down 33.2%.
CarMax Q3 net earnings $0.52/sh, up 117%; revenue down 5.5% to $6.1B
Net earnings per diluted share $0.52 vs $0.24 a year ago, up 117%.
CarMax Q2 FY2024 revenue down 13% to $7.1B; EPS $0.75; to resume buybacks
Net revenues $7.1B, down 13.1% YoY; net EPS $0.75 vs $0.79 prior year.
CarMax Q1 net sales fall 17.4% to $7.7B; diluted EPS $1.44 (incl $0.28 legal benefit)
Net revenues $7.7B, down 17.4% YoY; retail used unit sales down 9.6%, comparable store down 11.4%.
CarMax Q4 net earnings down 57% to $0.44 EPS; revenue falls 25.6% to $5.7B
Q4 net earnings $69M ($0.44 diluted EPS) vs $159.8M ($0.98) a year ago; FY23 EPS $3.03, down 56.5%.
Net earnings per diluted share $0.24 vs $1.63 a year ago; net earnings $37.6M, down 86%.
CarMax Q2 FY23 net earnings $125.9M, EPS $0.79; retail used units down 6.4%
Net earnings $125.9M (diluted EPS $0.79) vs $285.3M ($1.72) a year ago, down 55.9%.
CarMax Q1 FY2023 EPS $1.56, down 40.7% YoY; used car sales decline 11%
Net revenues $9.3B (+21% YoY) driven by higher average selling prices; total unit sales fell 5.5% to 427,257.
CarMax Q4 EPS falls 22.8% to $0.98; board adds $2B to buyback program
Q4 revenue $7.7B (+48.8%); net earnings $159.8M; diluted EPS $0.98, down 22.8% YoY.
CarMax posts record Q3 revenue $8.5B (+64.5% YoY); EPS $1.63 (+14.8%)
Net earnings per diluted share $1.63, up 14.8% YoY; includes $0.10 one-time benefit from class action settlement.
CarMax: CAF portfolio delinquencies, net losses rose in Oct due to servicing system transition
Delinquencies and net losses increased in October 2021, primarily from transition to new servicing systems.
the Company appointed Enrique N. Mayor-Mora, currently serving as the Company’s Executive Vice President and Chief Financial Officer, as the Company’s principal accounting officer (“PAO"), effective upon Ms. Livesay’s retirement.
Jill Livesay, the Vice President, Controller and Principal Accounting Officer of CarMax, Inc. (the “Company"), notified the Company of her plan to retire from the Company effective as of the close of business on July 31, 2026.
On May 12, 2026, CarMax, Inc. (the “Company”) announced that it intends to add Robert T. O’Shaughnessy to the Company’s Board of Directors (the “Board”), subject to shareholder approval at the Company’s 2026 Annual Meeting of Shareholders (the “Annual Meeting”).
Additionally, the Company announced the planned retirements of Shira Goodman and Mitchell Steenrod, each of whom will not stand for re-election at the Annual Meeting.
Additionally, the Company announced the planned retirements of Shira Goodman and Mitchell Steenrod, each of whom will not stand for re-election at the Annual Meeting.
On May 9, 2025, CarMax, Inc. (the “Company”) announced that James Lyski, the Company’s Executive Vice President and Chief Growth and Strategy Officer, will be leaving the Company effective June 8, 2025.
On January 28, 2025, Ronald E. Blaylock, a member of the board of directors (the “Board”) of CarMax, Inc. (the “Company”), informed the Company that he would not stand for reelection as a member of the Board at the Company’s 2025 annual meeting of shareholders.
On November 14, 2022, the CarMax, Inc. (the “Company”) Board of Directors (the “Board”) appointed Charles Joseph Wilson as Executive Vice President and Chief Operating Officer of the Company, effective immediately.
On March 11, 2022, Robert J. Hombach, a member of the board of directors (the “Board”) of CarMax, Inc. (the “Company”), informed the Company that he would not stand for re-election as member of the Board at the Company’s 2022 annual meeting of shareholders.
Max materiality 0.85 · Median 0.70 · Most common event earnings