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CarMax Targets Mid-Teens Adjusted EPS CAGR Growth Through FY2030 Under New Strategy

CarMax Targets Mid-Teens Adjusted EPS CAGR Growth Through FY2030 Under New Strategy

MT newswireMT newswire2026/11/03 10:25
06:25 AM EST, 11/03/2026 (MT Newswires) -- CarMax (KMX) said Tuesday that it targets mid-single-digit used retail unit compound annual growth and mid-teens adjusted EPS CAGR through fiscal 2030, using fiscal 2026 as the base year. The company also unveiled its Shift into GEAR strategy, focused on competitive pricing, greater vehicle selection, faster availability, improved customer experience and lower operating costs. CarMax said it expects the initiatives to drive market share gains, earnings growth and operating leverage while maintaining a strong balance sheet and disciplined shareholder returns.
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