CarMax Stock Crashes to 52-Week Low After Shocking Earnings Miss – What Investors Need to Know
CarMax shares plunged nearly 13% pre-market on September 25, 2025, hitting a new 52-week low after Q2 earnings missed expectations. Net profit dropped to $95.4 million, with revenue down 6% to $6.59 billion. Retail used vehicle sales fell 5.4%. The company plans at least $150 million in cost cuts over 18 months.