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.
29 matches for “GPU”; 5 quoted, at least 25 words apart.
…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.
…to realize efficiency gains in cost of sales, and we dynamically manage GPUs, passing those benefits on to customers. Together with the enhancements we are…
…from last year's second quarter. In managing margins more dynamically, we lowered GPUs by less than the full year $200 per retail unit outlook we…
Great. Thank you for taking the question. GPU, along with a lot of other areas of the business, came in really strong this quarter, and…
…we've been able to come in better than our previous outlook on GPUs. Certainly now expecting the year to be below a $200 decrease year-over-year.…
Where the listed words were said
…has allowed us to come in better, if you will, on our GPU. And specifically around cost efficiencies that we're seeing in the business, the…
…right car for them. Recent updates include providing greater visibility into our inventory selection, incorporating personalized monthly payments, and communicating next steps in the purchase…
…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,…
…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…
…do not necessarily need to go down that route as the first selection, if you will. We are going to focus on driving efficiencies in…
…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…
…just talking about in terms of efficiencies in our COGS, in our logistics, an area of focus for the teams are basically inventory, right? How…
…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