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Why CarMax Stock Just Crashed

TheMotleyFool

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Shares of used-car megastore chain CarMax (NYSE: KMX) tumbled 15.6% through 1 p.m. ET Tuesday, despite beating on both the top and bottom lines in its Q4 2026 earnings report this morning.

Heading into the report, analysts forecast CarMax to earn $0.18 per share, non-GAAP, on sales of $5.65 billion. CarMax actually earned $0.34 per share on sales of $5.95 billion.

Image source: Getty Images.

Source Fool.com

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