CarMax Inc. (KMX), a retailer of used vehicles, will report its quarterly results before the market opens today. The company is expected to report earnings of $0.53 per share on revenues of $2.81 billion for the first quarter. In the same quarter a year earlier, the company earned $0.55 per share on revenues of $2.68 billion. The stock closed Wednesday at $27.90. (The stock rose almost 14% in Q1; MA(50)- $29.42; MA(100)- $30.80; 52-wk H/L $35.17/$22.77)
Rite Aid Corp. (RAD) is due to report results for the first quarter. The drugstore chain operator is expected to post a loss of $0.03 per share on revenues of $6.43 billion, while in the year-ago quarter, loss and revenue were $0.07 per share and $6.39 billion respectively. The company's shares closed Wednesday's trade at $1.17. (The stock surged around 38% in Q1; MA(50)- $1.37; MA(100)- $1.52; 52-wk H/L $2.12/$0.85)
Prior to opening of the market, ConAgra Foods, Inc. (CAG) is slated to report fourth-quarter results. The company is expected to earn $0.50 per share compared to $0.47 per share last year. Besides, the company is anticipated to generate revenues of $3.38 billion, up from $3.21 billion recorded a year ago. On Wednesday, the shares closed regular trade at $24.60. (The stock stood almost flat in Q4; MA(50)- $25.42; MA(100)- $25.93; 52-wk H/L $27.34/$22.20)
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.