CarMax down after posting narrower fourth-quarter profit and revenue

Carmax

14/04/2026 12:29

** Shares of CarMax KMX.N fall ~7% to about $45.70 in premarket trading

** KMX reports Q4 adjusted EPS of 34 cents, down from 64 cents a year ago

** Says gross profit per retail used unit fell $207 from last year, reflecting pricing actions aimed at improving sales trends

** Quarterly revenue came in at $5.95 bln vs 6 bln a year earlier

** Co says quarterly results hit by per-share charges of 99 cents related to a non-cash goodwill impairment and 20 cents tied to restructuring

** As of last close, shares up about 27% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))