CarMax schedules November 3 update for CarMax stock at USD 53.33

Published on 10/17/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 19.50 percent to USD 7.88 billion in fiscal 2027. CarMax stock closed at USD 53.33 on October 16, 2026, up 1.35 percent versus USD 52.62.

Dates and operating scale

CarMax scheduled its Strategic Update for November 3, 2026.
Second-quarter fiscal 2027 revenue rose 19.50 percent to USD 7.88 billion.
CarMax stock closed at USD 53.33 on October 16, 2026, up 1.35 percent versus USD 52.62.
The stock carried a P/E ratio of 25.04 and a market capitalization of USD 7.6 billion on October 16, 2026.

KMX, US1431301027, Illustration mit AI erstellt.

CarMax (ISIN US1431301027) has scheduled a Strategic Update for November 3, 2026, when management will discuss its growth strategy, key initiatives and multi-year financial framework, according to CarMax. CarMax stock closed at USD 53.33 on October 16, 2026, up 1.35 percent from USD 52.62 on the NYSE.

Revenue growth sets the backdrop

In the second quarter of fiscal 2027, which ended August 31, 2026, total net revenue rose 19.50 percent to USD 7.88 billion. Net earnings increased 73.30 percent to USD 165.3 million, while diluted earnings per share rose 81.30 percent to USD 1.16, according to CarMax. The release also reported 387,735 combined retail and wholesale vehicle sales, up 14.70 percent from the prior-year quarter.

Stock position and trading frame

The October 16 closing level stood 18.31 percent below the 52-week high of USD 65.28 and 76.17 percent above the 52-week low of USD 30.26. The same quote showed 2,304,625 shares traded against an average volume of 2,610,210 shares. CarMax stock therefore sat below its yearly peak while remaining well above its low.

Valuation and coming dates

CarMax had a market capitalization of USD 7.6 billion and a P/E ratio of 25.04 on October 16, 2026. The company plans to hold the Strategic Update virtually on November 3, 2026, at 8:00 a.m. ET. It also plans to release third-quarter fiscal 2027 results on December 17, 2026, before the New York Stock Exchange opens, according to CarMax.

Comparison with peers

KMX (NYSE, USD): plus 1.35 percent, P/E 25.04, market capitalization USD 7.6 billion.

AutoNation (NYSE, USD): plus 1.21 percent, P/E 7.49, market capitalization USD 5.3 billion.

Lithia Motors (NYSE, USD): minus 0.06 percent, P/E 9.79, market capitalization USD 6.5 billion.

Closing level and market value

CarMax closed at USD 53.33 on the NYSE on October 16, 2026. The stock's 1.35 percent daily gain came with a valuation multiple above those of AutoNation and Lithia Motors.

Market context: Market report S&P 500.

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