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CarMax's Q1 Sales Go Into Overdrive

Here's our initial take on CarMax's (KMX 5.74%) fiscal 2026 first-quarter financial report.Key MetricsMetricQ1 FY 2025Q1 FY 2026Changevs. ExpectationsTotal revenue7.11billion7.11 billion7.55 billion+6%BeatAdjusted earnings per share0.970.971.38+42%BeatRetail used vehicle unit sales211,132230,210+9%n/aAverage used vehicle price26,52626,52626,120-1.5%n/aCarMax Stays Strong Across the BusinessThere were a lot of good things to see in CarMax's financial report for the first quarter of its 2026 fiscal year. Total vehicle unit ...