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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarMax, Inc. - KMX
KMXCarMax(KMX) GlobeNewswire News Room·2025-04-17 18:18

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving CarMax and its officers or directors following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - CarMax reported fiscal fourth quarter GAAP earnings per share of 0.58,whichmissedanalystestimatesby0.58, which missed analyst estimates by 0.08 [3]. - The company announced it would be removing previously assigned timeframes for long-term revenue, unit sales, and market share goals due to potential macroeconomic impacts [3]. - Following the announcement, CarMax's stock price fell by 13.61,or1713.61, or 17%, closing at 66.45 per share on April 10, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of CarMax investors regarding possible securities fraud or other unlawful practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information about the class action [2][6]. Firm Background - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [4].