The Law Offices of Frank R. Cruz announces an investigation of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On April 10, 2025, CarMax released its fourth quarter and fiscal year 2025 financial results, missing consensus estimates and disclosing that it would be “removing the timeframes” associated with long-term goals relating to revenue, unit sales, and market share “given the potential impact of broader macro factors.”

On this news, CarMax’s stock price fell $13.61, or 17%, to close at $66.45 per share on April 10, 2025, thereby injuring investors.