Keyword → KMX

CarMax Beats With $1.31 EPS on $8.01B Revenue in Q1 Fiscal 2027 — Stock Erases 5% Spike on Margin Concerns

CarMax reported fiscal first-quarter 2027 earnings of $1.31 per diluted share on revenue of $8.01 billion, both well ahead of analyst estimates of $0.96 per share and $7.43 billion. Shares spiked as much as 5% before erasing those gains as investors focused on a $230 year-over-year decline in gross profit per retail used unit. New CEO Keith Barr introduced a four-pillar strategic framework aimed at driving consistent unit growth and shareholder returns.