#United States #New York #Securities Fraud #Pomerantz LLP #CarMax

Pomerantz Law Firm Launches Investigation into CarMax

The Pomerantz Law Firm has initiated an investigation into potential securities fraud concerning CarMax, Inc. (NYSE: KMX) on behalf of its investors. This legal action arises after disappointing financial results reported by the company, which has led to a significant drop in its stock price.

On September 25, 2025, CarMax disclosed its financial performance for the second quarter of the fiscal year 2026. The report showed earnings per share (EPS) at a mere $0.64 against sales of $6.6 billion. This outcome starkly contrasts analysts' expectations, which anticipated an EPS of $1.03 on $7 billion in sales. As a result of this shortfall, CarMax's CEO described the quarter as "challenging," highlighting the necessity to cut expenditures in an effort to stabilize the financial situation of the company.

The announcement of these results triggered a negative reaction in the stock market, with CarMax’s share price plummeting by $11.5, a staggering 20.07%, to close at $45.60 per share the same day. Investors are now weighing their options as Pomerantz LLP investigates whether the company or its executives engaged in any unlawful business practices or failed to disclose crucial information that may have influenced the stock’s performance.

Pomerantz LLP, a distinguished firm based in New York with global offices, specializes in corporate, securities, and antitrust class litigation. Founded over 85 years ago by the legendary Abraham L. Pomerantz, the firm is recognized for its commitment to fighting for victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. Over the years, Pomerantz has successfully recovered numerous multi-million-dollar settlements for class members, reflecting its steadfast dedication to legal advocacy.

The current investigation is raising concerns amongst investors who may be affected by the alleged practices of CarMax's leadership. Those investors with questions or who wish to participate in the investigation can reach out directly to Danielle Peyton at Pomerantz via email at [email protected] or by phone at 646-581-9980, ext. 7980.

As legal proceedings unfold, investors are urged to stay informed about their rights and the potential implications of this ongoing investigation. The situation at CarMax serves as a reminder of the critical importance of transparency and accountability in the corporate sector.

For further information about joining the class action or to explore the findings of Pomerantz LLP, visit www.pomlaw.com.

In an ever-evolving market, it remains crucial for investors to be vigilant and proactive, as the outcomes of such inquiries can significantly impact stock valuation and investor confidence.