Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against CarMax, Inc. (KMX) and Encourages Shareholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into potential corporate wrongdoing at CarMax, Inc. (NYSE:KMX). The firm is encouraging shareholders of CarMax who purchased securities prior to June 20, 2025, and still hold them, to come forward and assist with the investigation. The investigation aims to recover investor capital and ensure corporate accountability.
CarMax Inc. stock outperforms competitors on strong trading day
CarMax Inc. (KMX) stock advanced by 1.07% to $48.01, marking its fifth consecutive day of gains. This performance occurred on a mixed trading day where the Dow Jones Industrial Average rose by 0.17%, and the S&P 500 Index fell by 0.26%. The company's shares outperformed its competitors despite the broader market's mixed results.
Veteran accuses CarMax of firing him mid-process over leave paperwork
A disabled Army veteran, Kyle Roman, has filed a lawsuit against CarMax, alleging he was fired while his medical leave paperwork was still being processed. Roman, who has ulcerative colitis and requires timely restroom access, claims CarMax withdrew his accommodation request and terminated his employment despite his ongoing efforts to provide corrected medical documentation. The lawsuit cites disability discrimination and retaliation under ADA and FMLA, highlighting issues with the interactive process and communication within the company's HR department.
CarMax appoints Enrique N. Mayor-Mora as Principal Accounting Officer after Jill Livesay retirement
CarMax has announced the appointment of Enrique N. Mayor-Mora as its principal accounting officer, effective July 31, 2026. This appointment follows the retirement of Jill Livesay from the position. Mayor-Mora will assume this role in addition to his current duties as Executive Vice President and Chief Financial Officer.
CarMax (NYSE: KMX) CFO adds principal accounting officer duties after PAO retires
CarMax, Inc. announced that its Vice President, Controller, and Principal Accounting Officer, Jill Livesay, will retire on July 31, 2026. Following her retirement, Executive Vice President and Chief Financial Officer Enrique N. Mayor-Mora will assume the responsibilities of the principal accounting officer, with no change to his current compensation. The company stated that Ms. Livesay's retirement is not due to any disagreement over operations, accounting principles, financial statements, or internal controls.
Video: 2026 Hyundai Palisade Hybrid Vs. Toyota Grand Highlander Hybrid: Which 3-Row SUV Is King?
This article features a video comparing the 2026 Hyundai Palisade Hybrid and the Toyota Grand Highlander Hybrid. Both are highly anticipated, $60,000 three-row hybrid SUVs, and the video puts them head-to-head to determine which one reigns supreme. The video has a runtime of 6 minutes and 1 second.
1st-quarter dealership buy-sells soar with California leading states, Chevrolet most-traded brand
Dealership buy-sells experienced a significant 31% increase in the first quarter of 2026, with California emerging as the leading state for these transactions. Chevrolet was the most actively traded brand, with 26 Chevrolet dealerships changing ownership during this period.
CarMax, Inc. Analyst Forecast (KMX)
This article provides an analyst forecast for CarMax, Inc. (KMX), summarizing ratings from 35 analysts, with a consensus of "Hold" and a 12-month average target price of $38.20. It details recent grade changes and individual price targets, showing a mixed outlook with several downgrades but also some price target increases. The financial estimates include revenue, EBITDA, EPS, and net income for fiscal years 2027-2029.
UMC Stock Slides As BNP Paribas Downgrade Counters AI Hype
United Microelectronics Corporation (UMC) stock experienced a significant drop of over 7%, driven by a downgrade from Neutral to Underperform by BNP Paribas, who set a price target of $10.20. This downgrade comes despite solid April sales growth, as the bank suggests that AI-driven enthusiasm for UMC is already fully priced into the stock, leading to a shift in market sentiment from momentum investing to a focus on valuation and proven growth. The article advises active traders to approach UMC tactically, focusing on fading overextended rallies and respecting support breaks.
The FTC Warned 97 Dealers, Now Autotrader And Cars.com Are Changing Their Price Displays
The FTC issued warnings to 97 dealership groups about illegal advertising practices, prompting major online automotive marketplaces like Autotrader and Cars.com to change how they display vehicle pricing. These platforms are introducing new tools and updated displays to better highlight all-in pricing and itemized fees, increasing transparency for consumers. The move follows the FTC's emphasis that advertised prices must include all dealer-imposed charges, aiming to prevent deceptive bait-and-switch tactics.
CarMax Inc. stock underperforms Thursday when compared to competitors despite daily gains
CarMax Inc. (KMX) stock rose by 1.93% on Thursday, closing at $46.92. Despite this gain, the stock underperformed compared to the broader market, as the S&P 500 Index (SPX) increased by 0.41% and the Dow Jones Industrial Average (DJIA) climbed by 1.73%. This marked the second consecutive day of gains for CarMax.
Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Shareholders to Inquire about Securities Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. (NYSE:KMX) who bought shares before June 20, 2025, and still hold them. The investigation focuses on whether CarMax and its officers engaged in corporate wrongdoing. The firm encourages affected investors to contact them for more information, noting that they represent investors on a contingency fee basis.
Richmond down to six Fortune 500s in latest rankings
Richmond has seen its number of Fortune 500 companies drop to six in the latest rankings, primarily due to ARKO falling off the list. Performance Food Group remains the highest-ranked local company. While Virginia as a whole also saw a slight decline in its Fortune 500 count, nationally, Amazon dethroned Walmart at the top of the list.
CarMax jumps as investors position for upcoming earnings, with activist focus and short interest adding fuel
CarMax (KMX) saw a 5.9% stock increase, driven by pre-earnings positioning ahead of its May 31, 2026 quarterly report. The surge is also attributed to ongoing activist investor involvement pushing for operational changes and high short interest, which magnified the rally. Institutional investors showed mixed activity, with some significant additions and removals of shares in recent quarters.
CarMax jumps as investors position for upcoming earnings, with activist focus and short interest adding fuel
CarMax (KMX) saw its stock jump by 5.9% ahead of its upcoming quarterly earnings report on June 17, 2026. This movement is attributed to pre-earnings positioning, ongoing board-level pressure from an activist investor, and elevated short interest (12% of float) amplifying the rally. Institutional investors show mixed activity, with STARBOARD VALUE LP and TWO SIGMA INVESTMENTS, LP significantly increasing their holdings in Q1 2026.
CarMax Inc. stock outperforms competitors on strong trading day
CarMax Inc. (KMX) shares rallied 4.78% to $46.03 on a generally down day for the stock market, outperforming the S&P 500 and Dow Jones Industrial Average. The company's stock closed 36.06% below its 52-week high.
CarMax (KMX) Draws Activist Interest As Traders Eye Earnings
CarMax (KMX) stock has risen by 6.69% due to strong sales performance and better-than-expected quarterly results, attracting activist interest from Starboard Value and leading to board changes. Traders are closely watching KMX in anticipation of its Q1 FY2027 earnings call and annual meeting, despite a cautious "Neutral" rating from UBS. The stock is currently seen as a catalyst play driven by potential headlines and upcoming financial disclosures.
Why CarMax (KMX) Is Up 8.1% After Rising Optimism Around Its 2026 Earnings Report - And What's Next
CarMax (KMX) has seen an 8.1% increase in its stock price due to rising optimism ahead of its 2026 earnings report, combined with activist investor interest and improved retail sentiment. Analysts anticipate a potential earnings beat, influenced by strategic developments like its new car shopping app in the ChatGPT store. However, investors are cautioned about ongoing pressures from competition, pricing, and loan loss provisioning impacting margins.
CarMax Inc. stock outperforms competitors despite losses on the day
CarMax Inc. (KMX) saw its stock decline by 2.42% to $43.93 on Tuesday, ending an eight-day winning streak, despite a positive overall trading session for the stock market. The S&P 500 Index and the Dow Jones Industrial Average both closed higher on the day.
Nissan Recalls 51,000-Plus Kicks SUVs for Blank Instrument Panel Display
Nissan is recalling over 51,500 Kicks subcompact SUVs from model years 2025-26 due to a software error that can cause the instrument panel display to go blank. This issue prevents drivers from seeing critical safety information, increasing the risk of a crash. Nissan dealers will update the combination meter software for free, with owner notifications expected by July 1.
Bronstein, Gewirtz & Grossman, LLC Is Investigating CarMax, Inc. (KMX) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against CarMax, Inc. (KMX) for corporate wrongdoing. The firm encourages investors who purchased CarMax securities prior to June 20, 2025, and still hold them, to contact them for more information and to assist in the investigation. The firm operates on a contingency fee basis, seeking reimbursement only if successful.
Report: Over a Million People Have Left the New Vehicle Market
New vehicle sales have declined since 2025, with an estimated one million U.S. customers abandoning new car purchases, largely due to rising transaction prices and manufacturers prioritizing higher profit margins over sales volume. Automakers have shifted towards larger, high-margin vehicles and subscription-based features, pushing average transaction prices to $50,000 and eliminating affordable options. This trend, coupled with suppressed earnings and high interest rates, is causing financial strain for consumers and potentially setting the stage for future market corrections similar to historical economic downturns.
Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Stockholders to Inquire about Securities Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into potential corporate wrongdoing by CarMax, Inc. (NYSE:KMX) and its officers/directors. The firm is encouraging CarMax investors who purchased securities before June 20, 2025, and still hold them, to come forward and assist in the investigation. The representation of investors is on a contingency fee basis.
CarMax Inc stock (US49271V1008): shares edge higher after May rebound and ahead of next earnings upd
CarMax Inc. shares saw a strong rebound in May, placing the stock around the mid-$40 USD range in early June, though still below its 52-week high. Investors are now awaiting the next quarterly earnings release, as the company operates a nationwide platform for buying and selling used vehicles, complemented by wholesale auctions and auto financing. The article notes the absence of recent analyst coverage, suggesting market participants will rely on company disclosures and peer performance.
Carvana Co. Class A Trade Ideas — XETR:CV0
This article compiles various trading ideas and analyses for Carvana Co. (XETR:CV0, NYSE:CVNA), ranging from bullish long-term outlooks based on operational turnarounds and growth metrics to bearish predictions citing high valuation, cyclical risks, and potential technical breakdowns. It includes detailed technical analyses, risk assessments, and a comprehensive review of Carvana's business quality, financial performance in 2025, and capital allocation strategy, concluding that the stock currently sits near fair value with balanced upside and downside potential given the underlying cyclical industry.
AAP - Advance Auto Parts Inc Stock Price and Quote
This article provides comprehensive financial data, news headlines, and analyst ratings for Advance Auto Parts Inc (AAP). It includes key metrics such as stock price, market capitalization, P/E ratio, dividend information, and performance over various periods. The content also features recent news from financial outlets and detailed insider trading activities by company executives.
Is CarMax's ChatGPT App a Game-Changer for Auto Retail
CarMax has launched a first-of-its-kind app within the ChatGPT App Store, allowing customers to conversationally shop for cars, browse inventory, and receive trade-in offers. This strategic move positions CarMax as an innovator in leveraging AI for enhanced customer engagement and lead generation in the automotive retail sector. While offering significant advantages and a first-mover edge, the success of this initiative will depend on overcoming challenges related to AI reliability, user adoption, and CarMax's financial pressures.
Publics, other large dealership groups received warning letters from FTC
The Federal Trade Commission (FTC) has sent warning letters to 97 dealership groups, including Publics and other large entities, regarding their advertising practices. This action is part of the FTC's increased scrutiny on dealerships' advertised vehicle prices, compelling third-party listing sites like Cars.com and CarGurus to update their platforms to ensure dealer compliance. John Huetter reports that the FTC holds dealerships responsible for the listings on these third-party sites.
Lamb Weston Faces Securities Class Action Lawsuit
Lamb Weston Holdings, Inc. is facing a securities class action lawsuit due to undisclosed issues with its Enterprise Resource Planning (ERP) system, which led to significant financial losses and a substantial drop in stock price. The company reported a $135 million sales loss in Q3 fiscal 2024 and reduced its full-year sales guidance by $330 million after the ERP system's disastrous rollout. A court has allowed the litigation to proceed on May 12, 2026, indicating ongoing legal challenges for Lamb Weston.
9 Consumer Discretionary Stocks Whale Activity In Today's Session
This article reports on unusual options activity, often referred to as "whale activity," in nine Consumer Discretionary sector stocks. It provides a table and detailed explanations of significant call and put option trades for companies like Amazon.com, Dutch Bros, Home Depot, and CarMax, including strike prices, expiration dates, and trade volumes. The information is intended to help traders identify potential trading opportunities based on abnormal market estimations.
CarMax Inc. stock outperforms competitors on strong trading day
Shares of CarMax Inc. (KMX) saw a strong performance, rallying 1.64% to $44.62 on Friday, outpacing the broader market which also saw gains in the S&P 500 Index and Dow Jones Industrial Average. This marked the seventh consecutive day of gains for CarMax stock.
Will CarMax (KMX) Beat Estimates Again in Its Next Earnings Report?
CarMax (KMX) is expected to continue its trend of beating earnings estimates in its upcoming quarterly report. The company has surpassed earnings in its last two quarters by an average of 56.96%. With a positive Zacks Earnings ESP of +3.56% and a Zacks Rank #3 (Hold), indicating a strong likelihood of another earnings beat, CarMax's next report is anticipated around June 17, 2026.
Press Release: CarMax Announces First Quarter Conference Call and Annual Meeting Information
CarMax announced details for its first-quarter conference call and annual meeting. The conference call to discuss Q1 fiscal year 2025 financial results will be held on June 21, 2024, at 9:00 AM ET and will be webcast. The Annual Meeting of Shareholders is scheduled for June 21, 2024, at 10:00 AM ET and will also be webcast.
CarMax Announces First Quarter Conference Call and Annual Meeting Information
CarMax, Inc. (NYSE: KMX) will report its first-quarter financial results on June 17, 2026, followed by a conference call at 8:00 a.m. ET to discuss the earnings. The company also announced that its 2026 annual meeting of shareholders will be held virtually on Tuesday, June 23, 2026, at 1:00 p.m. ET. Both events will have live audio webcasts available on CarMax's investor relations website.
UBS Initiates CarMax(KMX.US) With Hold Rating, Announces Target Price $42
UBS has initiated coverage on CarMax (KMX.US) with a Hold rating. The firm has set a price target of $42 for the company's shares.
CarMax Announces First Quarter Conference Call and Annual Meeting Information
CarMax, Inc. (NYSE:KMX) will release its first-quarter financial results on June 17, 2026, before the market opens, followed by a conference call at 8:00 a.m. ET. The company will also hold its virtual annual meeting of shareholders on June 23, 2026, at 1:00 p.m. ET. Both events will have live webcasts and replays available on the investors section of the CarMax website.
CarMax Announces First Quarter Conference Call and Annual Meeting Information
CarMax, Inc. (NYSE: KMX) will report its first quarter financial results for the period ending May 31, 2026, on June 17, 2026, followed by a conference call at 8:00 a.m. ET. The company will also hold its 2026 annual meeting of shareholders virtually on June 23, 2026, at 1:00 p.m. ET. Both events will have live webcasts available on the investors section of CarMax's website.
CarMax Inc. stock outperforms competitors on strong trading day
CarMax Inc. (KMX) shares rose 3.88% to $43.90 on Thursday, marking its sixth consecutive day of gains. The stock outperformed the broader market, which saw the S&P 500 Index (SPX) increase by 0.58% and the Dow Jones Industrial Average (DJIA) rise by 0.05%.
CarMax Announces First Quarter Conference Call and Annual Meeting Information
CarMax, Inc. (NYSE: KMX) is set to report its first-quarter financial results for the period ending May 31, 2026, on June 17, 2026, before market open, followed by a conference call at 8:00 a.m. ET. The company will also hold its 2026 annual meeting of shareholders virtually on June 23, 2026, at 1:00 p.m. ET. These events will provide updates on CarMax's financial performance and business operations.
Analysts Offer Insights on Consumer Cyclical Companies: CarMax (KMX) and Global-e Online (GLBE)
Analysts have issued neutral ratings for CarMax (KMX) and Global-e Online (GLBE), suggesting a balanced outlook on these consumer cyclical companies. Morgan Stanley reiterated a Hold rating for CarMax with a $35.00 price target, while Truist Financial maintained a Hold rating for Global-e Online. Despite these neutral stances, Global-e Online still holds an analyst consensus of "Strong Buy" with a significant upside potential.
Analysts Offer Insights on Consumer Cyclical Companies: CarMax (KMX) and Global-e Online (GLBE)
Analysts have issued neutral ratings for CarMax (KMX) and Global-e Online (GLBE), suggesting a lack of strong bullish or bearish sentiment. Morgan Stanley reiterated a Hold rating for CarMax with a $35.00 price target, while UBS also initiated coverage with a Hold rating. For Global-e Online, Truist Financial maintained a Hold rating, though the company has a consensus analyst rating of "Strong Buy" with significant upside potential.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against CarMax, Inc. (KMX) and Encourages Investors to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has announced an investigation into potential corporate wrongdoing by CarMax, Inc. (KMX). The law firm encourages investors who purchased CarMax securities prior to June 20, 2025, and still hold them, to join the investigation. Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, aiming to restore investor capital and ensure corporate accountability.
A Look at CarMax Inc (KMX) After 4.0% Gain -- GF Value $73.95 vs Price $42.26
CarMax Inc. (KMX) shares recently gained 4.0%, but the stock is considered undervalued by GuruFocus' GF Value at $42.26 compared to an estimated $73.95, suggesting a 42.9% margin of safety. Despite this, the GF Valuation warns of a possible value trap due to a weak financial strength score of 3/10 and the current P/E ratio being 29% above its 5-year median, indicating potential overvaluation by historical metrics. The lack of insider transactions over the last three months also raises concerns about confidence in the company's immediate prospects.
CarMax Inc. stock underperforms Wednesday when compared to competitors despite daily gains
CarMax Inc. (KMX) shares rose 3.99% on Wednesday, closing at $42.26, marking its fifth consecutive day of gains. Despite this increase, the stock underperformed compared to its competitors. The broader market also experienced a positive trading session, with the S&P 500 Index up 0.02% and the Dow Jones Industrial Average up 0.36%.
UBS Initiates Coverage on CarMax With Neutral Rating, $42 Price Target
UBS has initiated coverage on CarMax (KMX) with a "Neutral" rating and a price target of $42. This announcement was made on May 27th, and the article also briefly mentions Unity Software's fourth-quarter financial results.
CarMax, Inc. (KMX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into potential corporate wrongdoing by CarMax, Inc. (NYSE: KMX). The firm is encouraging shareholders who purchased CarMax securities before June 20, 2025, and still hold them, to contact them to assist in the investigation. The investigation focuses on whether CarMax and its officers/directors engaged in improper activities.
UBS initiates CarMax stock coverage with neutral rating on profitability concerns
UBS initiated coverage on CarMax Inc. (NYSE:KMX) with a Neutral rating and a $42.00 price target, citing concerns that CarMax may need to lower its used car profit per unit to boost sales, which would negatively impact profitability. The investment bank's estimates for CarMax's fiscal year 2028 earnings per share are below consensus. This initiation comes amidst varied analyst opinions on CarMax's financial strategies and market performance, with some adjusting price targets based on recent company developments.
AutoZone: Fiscal Q3 Earnings Snapshot
AutoZone Inc. reported fiscal third-quarter net income of $641.5 million, or $38.07 per share, surpassing Wall Street expectations. However, the auto parts retailer's revenue of $4.84 billion for the period missed forecasts. AutoZone's shares have seen a slight increase year-to-date but have declined 11% over the last 12 months.
Bronstein, Gewirtz & Grossman, LLC Is Investigating CarMax, Inc. (KMX) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against CarMax, Inc. (KMX) for corporate wrongdoing. The firm is encouraging investors who purchased CarMax securities prior to June 20, 2025, and still hold them, to join the investigation. They operate on a contingency fee basis, meaning investors will not incur costs unless the firm is successful.
A Look At CarMax (KMX) Valuation After Retail Sector Rotation On Strong Earnings From Major U.S. Retailers
CarMax (KMX) shares increased following strong quarterly results from major retailers, reigniting interest in consumer discretionary stocks. While one common valuation narrative suggests KMX is 5.3% overvalued at US$40.33, another discounted cash flow model indicates it could be 8.8% undervalued. The article encourages investors to analyze different valuation perspectives and explore potential risks and rewards.