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 “Shift into GEAR”; 5 quoted, at least 25 words apart.
…into delivering our strategy. We have named our strategy for growth Shift into GEAR, and have rolled it out across our corporate offices and entire…
…they are interconnected and many overlapping benefits exist. As a reminder, Shift into GEAR starts with a great offering. We will give customers every reason…
…in fiscal year 2027 exit rate savings. To support and advance Shift into GEAR, we are strengthening our leadership team. Today, I am pleased to…
…are encouraged by the recent growth across the business as our Shift into GEAR strategy is yielding strong financial results, highlighted by the continued improvements…
…seeing reinforce our confidence in our strategy and the opportunity ahead. Shift into GEAR is focused on strengthening our core business and getting CarMax back…
Where the listed words were said
…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…
…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…
…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.
…provided previously as we balance demand, margins, and efficiency gains in our reconditioning processes to support sales. We expect FY 2027 full-year retail margins will…
…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