UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CarMax

Faruqi & Faruqi, LLP, a national securities‑law firm, has opened an investigation into potential claims against CarMax, Inc. (NYSE: KMX), and is urging investors who suffered losses between June 20, 2025 and September 24, 2025 to contact them. According to the complaint, CarMax and certain executives allegedly made false or misleading statements — or failed to disclose key information — regarding the company’s growth prospects. Specifically, the firm contends CarMax overstated long‑term growth by attributing strong results to sustainable demand, when in truth recent gains stemmed from a temporary surge in car purchases spurred by tariff speculation. When the truth came out on September 25, 2025, CarMax disclosed its second quarter fiscal 2026 results, revealing an 11.2% drop in income from its Auto Finance arm. The company recorded a $142.2 million provision for loan losses — up from $112.6 million the prior year — including a $71.3 million increase in estimated lifetime losses on existing loans (from worsening performance of “2022 and 2023 vintages”) and $70.9 million for new originations in that quarter. Following the disclosure, CarMax’s stock price tumbled by about 20%, falling $11.45 per share and closing at $45.60 on September 26, 2025. The firm reminds investors that the deadline to seek the role of lead plaintiff in this federal securities class‑action is January 2, 2026. Any affected investors — including whistleblowers, former employees or shareholders — are encouraged to get in touch. #CarMax #SecuritiesLitigation #InvestorAlert #FaruqiFaruqi #SlimScan #GrowthStocks #CANSLIM