CarMax reported fiscal second-quarter 2027 results on September 29 that substantially exceeded consensus estimates, with EPS of $1.16 versus the $0.73 analyst target and revenue of $7.88 billion against roughly $7.09 billion projected. Strong comparable-store used-vehicle sales growth of 13 percent, a 14.7 percent rise in combined retail and wholesale units, and early traction from the new “Shift into GEAR” strategy under CEO Keith Barr drove the outperformance, reversing prior same-store declines. Gross profit per retail unit fell $111 year-over-year amid deliberate pricing actions to boost volume, while CarMax Auto Finance income rose 32 percent. Traders assign near-certain odds to a beat given the confirmed numbers, though ongoing margin compression and consumer spending sensitivity remain relevant to future quarters. The company plans to resume modest share repurchases and will host a strategic update on November 3.