CarMax (KMX): FY27 Q2 earnings call, Sep 29, 2026
On its Sep 29, 2026 earnings call (FY27 Q2), CarMax said 10 of the 15 words Kalshi listed; Parrot’s count agreed with all 15 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
15 words · 10 settled yes · our count agreed on 15 of 15- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| GPU | Yes | 18 | 29 | ✓ | 85%transcripts from the transcript model | – |
| Inventory 3+ times | Yes | 8 | 10 | ✓ | 77%transcripts from the transcript model | – |
| Leverage | Yes | 4 | 4 | ✓ | 87%transcripts from the transcript model | – |
| Conversion | Yes | 4 | 8 | ✓ | 84%transcripts from the transcript model | – |
| Selection | Yes | 3 | 3 | ✓ | 72%transcripts from the transcript model | – |
| Reconditioning 3+ times | Yes | 3 | 3 | ✓ | 71%transcripts from the transcript model | – |
| Logistics | Yes | 2 | 2 | ✓ | 85%transcripts from the transcript model | – |
| Interest Rate | Yes | 2 | 2 | ✓ | 42%transcripts from the transcript model | – |
| Loan Loss | Yes | 1 | 1 | ✓ | 76%transcripts from the transcript model | – |
| Affordability | Yes | 1 | 1 | ✓ | 71%transcripts from the transcript model | – |
| Omnichannel | No | 0 | 1 | ✓ | 69%transcripts from the transcript model | – |
| Acquisition Marketing | No | 0 | 0 | ✓ | 62%transcripts from the transcript model | – |
| MaxCare / Max Care | No | 0 | 0 | ✓ | 48%transcripts from the transcript model | – |
| AI Agent | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
| Sierra | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
8 matches for “Conversion”; 5 quoted, at least 25 words apart.
…purchase process more clearly. The enhancements we made this quarter supported sales conversion, and we anticipate further gains over time. Our third pillar is add…
…question. Keith, I am wondering, could you provide examples of how you are taking friction out of the digital journey in order to impact conversion?
…provide any detail if you had in terms of either traffic or conversion. However you sort of tier your customer base, whether that's deciles or…
…historically called top of the funnel, more people coming into your stores and the digital channels, versus how much was driven by better conversion rates?
…sales opportunities being up and our engaged customers being up and our conversion of those engaged customers being up as well. So what we're seeing…
Where the listed words were said
…to support retail sales growth. We did this by continuing to drive efficiencies and reconditioning, dynamically managing GPUs, and then passing savings on to customers.
…is making sure that, again, we have the right level of sellable inventory, we can maintain competitive pricings, we can price dynamically depending upon where…
…Extended Protection Plan products, an increase in cash contribution, and continued SG&A leverage. I want to thank all of our associates for their hard work,…
…are priced competitively and that you're showing up in all the right channels, and that's how you maximize, again, the customer acquisition, the customer conversion.
…the teams have done tremendous work around rolling out different tools for our operators. We have a new part selection tool that's benefiting the organization.
…quarter, as I noted earlier, we continued taking cost out of our reconditioning operations and maintained our approach of passing savings onto customers through more…
…We are going to focus on driving efficiencies in COGS, in our logistics business, and so on and so forth, in order to actually not…
…year-over-year, reflecting lower tier one penetration. Increased funding costs driven by the interest rate environment resulted in CAF increasing rates in tier one, where customers…
…prior year's second quarter, driven by a $29 million decrease in the loan loss provision to $113 million. During the second quarter of the prior…
Yes. Thanks, Rajat. I will talk about the consumer. Affordability is on everyone's mind. It seems like every single discussion is around that, and I…
Agents: this page as TSV at /api/v1/appearances/carmax:2026-09-29:earnings_call · words: /api/v1/brief?appearance=carmax:2026-09-29:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP