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CarMax Fiscal Q2 Earnings, Sales Rise; Shares Up Pre-Bell

CarMax Fiscal Q2 Earnings, Sales Rise; Shares Up Pre-Bell

MT newswireMT newswire2026/09/29 10:05
06:05 AM EDT, 09/29/2026 (MT Newswires) -- CarMax (KMX) reported fiscal Q2 net earnings Tuesday of $1.16 per diluted share, up from $0.64 a year earlier. Four analysts polled by FactSet expected $0.80. Net sales and operating revenue for the quarter ended Aug. 31 were $7.88 billion, up from $6.59 billion a year earlier. Analysts expected $7.09 billion. The company plans to resume share repurchases at "a modest level" in fiscal Q3, it said. CarMax shares were up 3.9% in premarket activity.
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