In the pre-market session on Friday, June 20, 2025, CarMax, Inc. (KMX) stock surged 9.87%, trading at $70.70 compared to the previous day’s closing price of $64.33.
The jump came ahead of the company’s Q1 2026 financial results announcement before the market opened.
CarMax reported revenue of $7.55 billion, exceeding estimates of $7.47 billion.
This revenue figure reflects a 6.2% increase from $7.11 billion recorded in the same quarter last year.
Earnings per share stood at $1.38, beating the expected $1.16.
This represents a substantial 42.3% rise from $0.97 per share reported a year ago.
