CarMax reported its second quarter fiscal year 2025 results, revealing a mixed financial performance. The company achieved a gross profit per retail used unit of $2,269 and a gross profit per wholesale unit of $975, consistent with last year's figures. Additionally, the Extended Protection Plan (EPP) margin grew by $69 per retail unit to $575, and the service margin increased by $84 per retail unit. However, CarMax's Auto Finance (CAF) income fell by 14.4% to $115.6 million, below the expected $145 million, due to an increase in the provision for loan losses. This financial strain led to a 7% drop in CarMax shares, despite the company surpassing revenue targets. CarMax's stock was down 6.1% pre-market.