CarMax Q4: Interim CEO Seeks Change, Cost Cuts
Update: 2025-12-25
Description
CarMax reports Q4 2025 earnings, beating expectations with $5.79B revenue and $0.51 EPS, but sales drop 6.9% YoY, same-store sales down 8.1%. Interim CEO David McCraight emphasizes need for change, focusing on narrowing price gaps, cutting costs, and improving digital platform. Analysts seek early wins from new pricing strategy and digital platform tweaks. Watch for sales volume rebounds, cost savings progress, and improved digital conversion rates.
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