CarMax, Inc. (NASDAQ: KMX) reported Q4 2026 adjusted earnings per share of $0.34, topping Wall Street’s estimates, even as the used car retailer posted a net loss of $120.7M for the quarter. Revenue totaled $5.95B, down 1.0% from $6.00B in Q4 2025, reflecting continued headwinds in the used vehicle market.
The nation’s largest used car retailer saw comparable store used unit sales decline 1.9% for the quarter as consumer demand remained soft. Used Vehicle Sales, the company’s largest segment, generated $4.78B in revenue, down 1.2% year-over-year. CarMax operated 255 total stores at quarter end as it maintains its retail footprint across the country.
Looking ahead, management expects capex of $400.0M for fiscal 2027. Wall Street consensus stands at 1 Buy, 17 Hold, and 6 Sell, suggesting analyst skepticism about near-term prospects for the Richmond, Virginia-based retailer.
A detailed analysis of CarMax, Inc.’s quarter follows shortly on AlphaStreet.
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