Overview

• CarMax reported Q4 earnings per share of $0.58, missing the analyst consensus estimate of $0.68.
• Total used vehicle sales reached 301,811 units, falling below the expected 312,800 units.
• The company suspended its long-term growth timelines due to ongoing macroeconomic uncertainties.
• Retail used vehicle sales grew by 6.2% year-over-year, signaling strength in that segment despite the overall shortfall.
• Market reaction was mixed, with reports of both premarket declines of 8% and gains of 6.44% following the announcement.