CarMax (NYSE:KMX) Third Quarter 2025 Results
Key Financial Results
- Revenue: US$6.69b (up 1.8% from 3Q 2024).
- Net income: US$125.4m (up 53% from 3Q 2024).
- Profit margin: 1.9% (up from 1.2% in 3Q 2024). The increase in margin was driven by higher revenue.
- EPS: US$0.81 (up from US$0.52 in 3Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CarMax Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 33%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 2.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for CarMax that you need to be mindful of.
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About NYSE:KMX
CarMax
Through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.
Good value with mediocre balance sheet.
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Trending Discussion

I'm exiting the positions at great return! WRLG got great competent management. But, 100k oz gold too small in today environment. They might looking for M/A opportunity in the future, or they might get take over by Aris Mining, I don't know. But, Frank Giustra stated he's believed in multi-assets, so that's my speculation. Anyhow, I want to be aggressive in today's gold price. I'm buying Lahontan Gold LG with this as exchange. Higher upside, more leverage. WRLG CEO is BOD's of LG, that's something. This will be my last update on WRLG, good luck!
Thanks for your post but some of your calculations are wrong. It is only the actual silver that should be priced at 100/oz, not the zink and lead. The actual silver is about 5 million ounces and the rest is biproducts which cannot be calculated as 100/oz per silver equivalent. Since it would now require alot more zink and lead to create 1 AgEq with the current silver price which means their AgEq would become lower even if the production remains the same. I am still very bullish on the stock and I own it.
