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News  ›  GlobeNewswire Inc.

CARMAX FINAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urgently Reminds CarMax Investors of the January 2nd Deadline and Encourages Investors to Contact the Firm

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Bragar Eagel & Squire, P.C.
CARMAX FINAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urgently Reminds CarMax Investors of the January 2nd Deadline and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against CarMax for allegedly making false and misleading statements about its growth prospects during the period of June 20, 2025 to November 5, 2025. The company allegedly overstated growth that was temporarily boosted by tariff-related speculation. CarMax's stock declined significantly following disappointing earnings reports in April and September 2025, with the company missing estimates and removing long-term guidance.

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CarMax is the subject of a securities fraud class action lawsuit alleging material misstatements about growth prospects. The company experienced significant stock price declines (17% on April 10, 2025 and 20.1% on September 25, 2025) following disappointing earnings reports with revenue and profit declines, increased loan loss provisions, and removal of long-term guidance.

Keywords
#class action lawsuit #securities fraud #misleading statements #earnings miss #stock decline #inventory management #loan loss provisions

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KMX
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