CarMax FY27 Q1 EPS falls 5.1% to $1.31; net revenues rise 6.2% to $8 billion
CarMax, Inc.
CarMax, Inc. KMX | 0.00 |
- CarMax Q1 fiscal 2027 net earnings fell 11.8% to USD 185.6 million; diluted EPS slipped to USD 1.31 from USD 1.38.
- Net sales and operating revenues rose 6.2% to USD 8.01 billion; combined retail and wholesale unit sales increased 3.3% to 392,357.
- Total gross profit declined 4.4% to USD 854.4 million, with retail used gross profit per unit down USD 230 to USD 2,177.
- SG&A expenses decreased 3.7% to USD 635.2 million; CarMax Auto Finance income edged down 1.0% to USD 140.2 million.
- CEO Keith Barr introduced a four-pillar strategy; share repurchases paused with USD 1.31 billion remaining authorized.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CarMax Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260617549757) on June 17, 2026, and is solely responsible for the information contained therein.
