Pomerantz Law Firm Investigates Potential Claims Against CarMax, Inc. for Investor Protection
Investor Alert: Pomerantz Law Firm's Investigation into CarMax, Inc.
On October 8, 2025, Pomerantz LLP announced their ongoing investigation into possible claims on behalf of investors of CarMax, Inc. (NYSE: KMX). This legal inquiry seeks to determine if CarMax, along with specific officers and directors, has engaged in any potentially unlawful business activities or securities fraud that could have harmed investors.
Background of the Investigation
The scrutiny is rooted in the financial reports released by CarMax on September 25, 2025, which revealed disappointing earnings for the second quarter of the 2026 fiscal year. The report indicated that the company posted earnings per share (EPS) of only $0.64 on sales of $6.6 billion. This fell short of the anticipated EPS of $1.03 on projected sales of $7 billion. In an accompanying statement, CarMax's CEO described the quarter as
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