Open four stand-alone reconditioning/auction centers
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 10 Apr 2025
- Due
- 28 Feb 2026
- Delivered
- 28 Feb 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“as well as four stand-alone reconditioning/auction centers.”
What we found
Evidence strength A What the grades mean
The FY2026 10-K reports four stand-alone reconditioning/auction centers in operation as of February 28, 2026, the fiscal 2026 deadline, meeting the commitment.
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A CarMax 8-K filed 2026-04-14
“During the fourth quarter of fiscal 2026, we opened one new store location in Florence, Kentucky and one stand-alone reconditioning/auction center located in Frederick, Maryland.” ✓ confirmed on the page
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A CarMax 10-K filed 2026-04-15
“In addition to our stores, we operate two stand-alone reconditioning facilities, one stand-alone auction facility and four stand-alone reconditioning/auction centers.” ✓ confirmed on the page
Market reaction: the shares moved -4.1% against the S&P 500 over the three sessions around the disclosure (14 Apr 2026 to 17 Apr 2026). What this measures
Checked 22 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Facility other
- Indicative materiality
- Medium rules
- Action
- Open
- Deliverable
- four stand-alone reconditioning/auction centers
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesGemini (Google) re-read the evidence blind and read it as “Not met”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2025-KMX-017975 · Corrections policy