CarMax Reports Earnings Beat but Shares Fall Amid Profit Decline and Goodwill Impairment

CarMax (KMX) reported fourth-quarter earnings above expectations but saw its stock drop due to declining profits per unit sold and a $141 million goodwill impairment charge. The company also paused share buybacks in Q4, signaling potential concerns about future performance.

By APARNA NARAYANAN · Yahoo Finance · April 14, 2026, 20:22 UTC

Tickers: $CVNA $KMX

Topics: Buybacks Earnings Goodwill Impairment Profit Margins Stock Performance

Read the full article at Yahoo Finance

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