Reports Q2 revenue $6.59B, consensus $7.02B. “While this was a challenging quarter, we remain confident in our long-term strategy and the strength of the earnings model that we have built. We are excited about the recent launch of our new brand positioning campaign ‘Wanna Drive?’ that brings our differentiated omni-channel experience to life and underscores our ongoing commitment to empowering the customer. Also, we will continue to drive SG&A efficiency, targeting at least $150 million in incremental SG&A reductions over the next 18 months,” said Bill Nash, president and chief executive officer.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMX:
- Is KMX a Buy, Before Earnings?
- Options Volatility and Implied Earnings Moves This Week, September 22 – September 26, 2025
- CarMax price target raised to $65 from $58 at JPMorgan
- CarMax’s Strategic Challenges and Competitive Pressures Lead to Hold Rating
- CarMax: Outperform Rating Backed by Strong EPS Growth Despite Flat Sales