[8-K] CarMax Inc. Reports Material Event

Rhea-AI Filing Summary

CarMax, Inc. (NYSE: KMX) filed a Form 8-K on June 20, 2025. The filing falls under Item 2.02, Results of Operations and Financial Condition, and simply notifies investors that the company has released its fiscal 2026 first-quarter results via a separate press release dated June 20, 2025 (furnished as Exhibit 99.1). No revenue, EPS, or other operating metrics are disclosed in this excerpt; therefore, investors will need to consult Exhibit 99.1 for the detailed financial performance.

The 8-K also lists Exhibit 104 (Inline XBRL cover page) and confirms that the document was signed by EVP & CFO Enrique N. Mayor-Mora. The company does not claim emerging-growth status and no additional material transactions or forward-looking statements are included.

Insights

Financial Analyst

TL;DR: Routine 8-K; merely alerts investors to a separate Q1 FY26 press release—no numbers provided, minimal immediate valuation impact.

This 8-K is procedural. Under SEC rules, Item 2.02 requires prompt disclosure when a company publicly releases financial results. CarMax complies by furnishing, not filing, the press release as Exhibit 99.1, thus limiting liability under Section 18 of the Exchange Act. Because the actual Q1 figures are not contained here, investors cannot gauge revenue trends, margins, or outlook from this document alone. Absent those datapoints, the filing is unlikely to move the stock materially until the accompanying press release is reviewed.

0001170010false00011700102025-06-202025-06-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

June 20, 2025

Date of Report (date of earliest event reported)

CARMAX, INC.

(Exact name of registrant as specified in its charter)

Virginia						1-31420			54-1821055
(State or other jurisdiction of incorporation)						(Commission File Number)			(I.R.S. Employer Identification No.)
12800 Tuckahoe Creek Parkway									23238
Richmond,			Virginia
(Address of Principal Executive Offices)									(Zip Code)

(804) 747-0422

Registrant's telephone number, including area code

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock			KMX			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 2.02.			Results of Operations and Financial Condition.
			CarMax, Inc. (the “Company”) issued a press release on June 20, 2025, announcing its first quarter results.  The press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference into this Item 2.02.
Item 9.01.			Financial Statements and Exhibits.
(d) Exhibits			The following exhibit is being furnished pursuant to Item 2.02 above.
99.1			Press release, dated June 20, 2025, issued by CarMax, Inc., entitled “CarMax Reports First Quarter Fiscal Year 2026 Results.”
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						CARMAX, INC.
						(Registrant)
Dated: June 20, 2025						By: /s/ Enrique N. Mayor-Mora
						Enrique N. Mayor-Mora
						Executive Vice President and
						Chief Financial Officer

FAQ

What did CarMax (KMX) file with the SEC on June 20, 2025?

CarMax filed a Form 8-K announcing that it issued a press release with its Q1 FY2026 financial results.

Which Item of Form 8-K does the filing address?

It addresses Item 2.02 – Results of Operations and Financial Condition.

Where can investors find CarMax’s actual Q1 FY2026 numbers?

The detailed figures are in Exhibit 99.1, the press release dated June 20, 2025.

Did the filing mention any major transactions or leadership changes?

No. The filing only covers the press release; no transactions or management changes were disclosed.

Who signed the 8-K on behalf of CarMax?

The document was signed by Enrique N. Mayor-Mora, Executive Vice President & CFO.