“CarMax stock plummets 20% following ‘challenging’ quarter”
October 9, 2025
“Shares of CarMax were down more than 20% on Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.
The company’s results included earnings per share of 99 cents compared with expectations of $1.05 and revenue of roughly $6.6 billion versus estimates of $7.02 billion.
CarMax CEO Bill Nash described the fiscal second quarter that ended Aug. 31 as “challenging.”…”
https://www.cnbc.com/2025/09/25/carmax-stock-plummets-after-missed-wall-streets-expectations.html