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CarMax, Inc. (KMX) Guidance & Earnings Results

On 2026-09-29 CarMax, Inc. mixed guidance: "Plan to resume share repurchases in Q3 FY27; targeting $200M SG&A exit rate savings by end of…" — from its own filing, as read by EquiReason.

Source: SEC EDGAR filings · figures as of 2026-08-31 · read by EquiReason

KMXCarMax, Inc.Follow KMX — free
Auto & Truck Dealerships · Consumer Cyclical
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Price chart with a free account
Market cap
7.3B
P/E TTM
24.3
Dividend yield
—
52-week
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Next earnings
16 Dec, in 53 days

What management guided

each earnings 8-K · figures checked against the filing text
ReleaseDirectionWhat they said
29 Sep 26MixedPlan to resume share repurchases in Q3 FY27; targeting $200M SG&A exit rate savings by end of FY27 · full year
14 Apr 26LoweredIncreased SG&A reduction target to $200M from $150M; expects to leverage SG&A per total unit in FY2027 · full year
6 Nov 25LoweredComparable store used unit sales decrease 8%-12%; EPS $0.18-$0.36

CarMax, Inc. — questions

What guidance did CarMax, Inc. give?
On 2026-09-29: "Plan to resume share repurchases in Q3 FY27; targeting $200M SG&A exit rate savings by end of FY27"
When does CarMax, Inc. report earnings?
CarMax, Inc.'s next earnings report is expected on 2026-12-16.

Every figure on this page comes from CarMax, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.