CarMax (KMX) Tops Q1 EPS by 19c, Beats on Revenue

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CarMax Reports First Quarter Fiscal Year 2026 Results

June 20, 2025 6:50 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the first quarter ended May 31, 2025.

First Quarter Highlights:(1)

Net earnings per diluted share increased 42.3% to $1.38 from $0.97 a year ago. Retail used unit sales increased 9.0% and comparable store used unit sales increased 8.1%; wholesale units increased 1.2%. Total gross profit increased 12.8% to $893.6 million, driven by higher unit volumes and strong unit margin performance. Record high gross... More