CarMax (KMX) shares fell sharply Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in below analysts' expectations.

The Virginia-based company reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.58 on net sales and operating revenue of $6.00 billion, both up from $0.32 and $5.63 billion a year ago. Analysts polled by Visible Alpha projected $0.68 and $5.9🅰9 billion, respectively.

CarMax sold a total of 301,811 used vehicles♔, including 182,655 retail and 119,156 wholesale units, each b👍elow consensus. Analysts were looking for 312,800 units of combined sales, consisting of 185,900 retail and 126,900 wholesale vehicles.

CarMax shares were down 16% shortly after the opening bell amid a broad market sell-off following 澳洲幸运5官方开奖结果体彩网:yesterday's historic rally.

CarMax Axes Timel🤪ines for Long-Term Growt꧃h Targets

CarMax didn't give specific financial forecasts for fiscal 2026, but the company did suspend the timelines for its previously announced long-term growth targets "given the potential impact of broader macro factors."

A year ago, CarMax said it expected to reach 2 million annual vehicle sales betwe𓆏en fiscal 2026 and 2030. It said that before it reached that unit figure, 🔯it expected annual revenue to reach $33 billion and market share of up to 10-year-old used vehicles to hit 5%.

Analysts have said both 澳洲幸运5官方开奖结果体彩网:new and used cars are likely to become 澳洲幸运5官方开奖结果体彩网:thousands of dollars morཧe expensive as a result of the Trump administration's tariffs.

Last quarter, the stock surged as CEO Bill Nash said the 澳洲幸运5官方开奖结果体彩网:better-than-expected results were helped by "a more stable environment for vehicle valuations."

UPDATE—This article has been updated with the latest share price information.