News Brief
Summary
CarMax stock plummeted 24% following a weak preliminary Q3 outlook and the unexpected departure of CEO Bill Nash. The company also announced significant leadership changes and a downgrade by William Blair.
Key Points
- Stock Drop: Shares fell 24% during intraday trading.
- CEO Departure: CEO Bill Nash is unexpectedly stepping down.
- Interim Leadership: Board member David McCreight (former CEO of Lulu’s Fashion Lounge) appointed interim CEO. Chairman Tom Folliard appointed interim executive chair.
- Weak Q3 Outlook: Forecasts an 8-12% decrease in comparable store used unit sales and diluted EPS of $0.18-$0.36, including non-recurring expenses.
- Analyst Downgrade: William Blair downgraded the stock from ‘outperform’ to ‘market perform’.
- Broader Context: CarMax stock is down ~50% in 2025, contrasting with gains by competitors like Carvana.
- Next Report: Full Q3 results scheduled for December 18.
新闻简报
总结
CarMax 股价暴跌 24%,原因在于其发布了疲软的第三财季初步展望,且首席执行官比尔·纳什意外离职。公司还宣布了重大领导层变动以及遭到 William Blair 的评级下调。
关键点
- 股价下跌: 盘中交易时段股价下跌 24%。
- CEO离职: 首席执行官比尔·纳什意外卸任。
- 临时领导层: 董事会成员大卫·麦克雷特(Lulu’s Fashion Lounge 前CEO)被任命为临时CEO。董事长汤姆·福利亚德被任命为临时执行董事长。
- 疲软的Q3展望: 预测同店二手车辆销量将下降 8% 至 12%,摊薄后每股收益在 0.18 至 0.36 美元之间,其中包括非经常性支出。
- 分析师降级: William Blair 将股票评级从“跑赢大盘”下调至“与市场一致”。
- 背景情况: CarMax 股价在 2025 年下跌约 50%,与 Carvana 等竞争对手的上涨形成对比。
- 下次财报: 完整的第三财季业绩定于 12 月 18 日公布。
Original Article Link: https://www.cnbc.com/2025/11/06/carmax-stock-kmx-ceo.html