NYSE$KMX
CarMax Inc · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
CarMax experienced positive retail used unit growth and a double-digit earnings increase.
CarMax reported a 5.1% increase in retail used unit sales and a 4.3% increase in comparable store used unit sales. Net earnings per diluted share increased by 13.3% to $0.85. The company repurchased $106.1 million in shares of common stock.
- Retail used unit sales increased by 5.1%, and comparable store used unit sales increased by 4.3%.
- Gross profit per retail used unit was $2,269, and gross profit per wholesale unit was $975, both in line with the previous year.
- The company bought 300,000 vehicles from consumers and dealers, up 2.9% from the previous year.
- Net earnings per diluted share increased by 13.3% to $0.85.
Headline financials
Revenue & EPS history
CarMax · Revenue · Quarterly
$7.01B
Revenue by segment
CarMax · $8.01B total across 3 segments · Q1 2027
- Used vehicle sales$6.39B—79.8%
- Wholesale vehicle sales$1.43B—17.8%
- Other sales and revenues$195M—2.4%
Forward guidance
CarMax plans to release results for the third quarter ending November 30, 2024, on Thursday, December 19, 2024, before the opening of trading on the New York Stock Exchange. A conference call for investors will be hosted at 9:00 a.m. ET on that date.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2025
-1.7%
Avg return
Earnings day
-2.7%
Avg return
5 days after
+0.4%
Avg return
30 days after
41%
28 / 69 earnings
Positive
+14.6%
Q1 2015
Best reaction
-23.6%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -8.5% | — | — | |
| Q4 2026 | -3.4% | -16.7% | -23.0% | |
| Q3 2026 | -4.5% | -6.4% | +18.9% | |
| Q2 2026 | -19.9% | -21.3% | -22.4% | |
| Q1 2026 | -3.4% | -4.0% | -10.8% | |
| Q4 2025 | -17.0% | -15.4% | -17.4% | |
| Q3 2025 | +3.5% | +4.3% | -3.0% | |
| Q2 2025 | +3.8% | +4.9% | -3.3% | |
| Q1 2025 | +2.6% | +1.9% | +12.1% | |
| Q4 2024 | -9.9% | -12.0% | -9.6% | |
| Q3 2024 | +2.5% | +2.0% | -7.4% | |
| Q2 2024 | -11.2% | -13.4% | -24.1% | |
| Q1 2024 | +3.7% | +7.7% | +6.3% | |
| Q4 2023 | +4.1% | +5.5% | +9.7% | |
| Q3 2023 | +1.3% | +1.8% | +11.3% | |
| Q2 2023 | -23.6% | -20.8% | -26.2% | |
| Q1 2023 | +7.5% | +2.0% | +2.8% | |
| Q4 2022 | -9.9% | -11.0% | -11.5% | |
| Q3 2022 | -7.8% | -6.9% | -21.1% | |
| Q2 2022 | -13.2% | -13.8% | -6.5% | |
| Q1 2022 | +8.0% | +8.1% | +12.9% | |
| Q4 2021 | -3.5% | -4.8% | +0.4% | |
| Q3 2021 | -7.2% | -8.1% | +19.7% | |
| Q2 2021 | -11.2% | -12.1% | -14.1% | |
| Q1 2021 | -4.0% | -8.6% | -3.0% | |
| Q4 2020 | -7.2% | +10.8% | +35.7% | |
| Q3 2020 | -9.7% | -10.1% | -3.1% | |
| Q2 2020 | -0.9% | +0.7% | +9.5% | |
| Q1 2020 | -0.4% | +1.4% | +2.2% | |
| Q4 2019 | +8.5% | +11.8% | +22.4% | |
| Q3 2019 | +4.1% | +10.3% | +9.2% | |
| Q2 2019 | -2.7% | -2.9% | -7.7% | |
| Q1 2019 | +8.0% | +4.6% | +8.6% | |
| Q4 2018 | +3.8% | -2.0% | +8.3% | |
| Q3 2018 | -4.7% | -4.3% | +3.1% | |
| Q2 2018 | +7.9% | +9.5% | +9.2% | |
| Q1 2018 | +5.5% | +7.0% | +11.5% | |
| Q4 2017 | -0.3% | +1.0% | +5.4% | |
| Q3 2017 | +5.8% | +2.7% | +6.6% | |
| Q2 2017 | -2.5% | -3.9% | -10.2% | |
| Q1 2017 | -8.2% | -8.5% | +13.7% | |
| Q4 2016 | -4.3% | — | — | |
| Q3 2016 | -8.1% | — | — | |
| Q2 2016 | -5.3% | — | — | |
| Q1 2016 | -5.5% | — | — | |
| Q4 2015 | +8.1% | — | — | |
| Q3 2015 | +12.1% | — | — | |
| Q2 2015 | -8.2% | — | — | |
| Q1 2015 | +14.6% | — | — | |
| Q4 2014 | -8.2% | — | — | |
| Q3 2014 | -10.6% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q1 2014 | -1.3% | — | — | |
| Q4 2013 | +8.4% | — | — | |
| Q3 2013 | +8.5% | — | — | |
| Q2 2013 | -8.4% | — | — | |
| Q1 2013 | -7.8% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q4 2009 | +1.2% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | +7.1% | — | — | |
| Q1 2011 | -3.9% | — | — | |
| Q1 2012 | -3.9% | — | — | |
| Q4 2011 | +4.4% | — | — | |
| Q3 2011 | +2.3% | — | — | |
| Q3 2010 | +2.3% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q2 2011 | -0.7% | — | — |
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