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Analyst Report: CarMax Inc

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Argus

Argus

Jul 10, 2026

CarMax, Inc.: First-quarter 2027 earnings fall 5%

Sector(s)

Consumer Cyclical

Summary

CarMax Inc. operates as a retailer of both used and wholesale vehicles (and related products in the United States), offering a range of makes and models. These include domestic, imported and luxury vehicles, as well as hybrid and electric vehicles (EVs). The company also offers extended protection plans (at the time of sale) and reconditioning and vehicle-repair services. KMX provides financing alternatives for customers across a range of varied credit spectrums

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials

Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.

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