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Pomerantz LLP Issues Important Reminder to Investors in CarMax, Inc. of Class Action – KMX
Acceswire
NEW YORK CITY, NY / ACCESS Newswire / December 5, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against CarMax, Inc. ("CarMax" or the "Company") . Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether CarMax and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until January 2, 2026 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired CarMax securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On September 25, 2025, CarMax issued a press release reporting its financial results for the second quarter of its 2026 fiscal year. CarMax reported earnings per share ("EPS") of only $0.64 on $6.6 billion in sales, falling well short of consensus estimates of EPS of $1.03 on $7 billion in sales. CarMax's Chief Executive Officer described the quarter as "challenging" and said that the Company would cut selling, general and administrative spending by $150 million over the next 18 months.
On this news, CarMax's stock price fell $11.50 per share, or 20.07%, to close at $45.60 per share on September 25, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
SOURCE: Pomerantz LLP
View the original press release on ACCESS Newswire
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