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Carmax Inc (KMX.N)

KMX.N on New York Stock Exchange

65.87USD
18 May 2018
Change (% chg)

$-0.85 (-1.27%)
Prev Close
$66.72
Open
$66.54
Day's High
$66.81
Day's Low
$65.60
Volume
304,284
Avg. Vol
434,343
52-wk High
$77.62
52-wk Low
$57.08

Latest Key Developments (Source: Significant Developments)

CarMax Reports Q4 Earnings Per Share $0.67
Wednesday, 4 Apr 2018 

April 4 (Reuters) - CarMax Inc ::CARMAX REPORTS FOURTH QUARTER RESULTS.Q4 REVENUE $4.08 BILLION VERSUS I/B/E/S VIEW $4.17 BILLION.Q4 EARNINGS PER SHARE $0.67.TOTAL WHOLESALE UNIT SALES INCREASED 8.9% IN Q4.CURRENTLY PLAN TO OPEN 15 STORES IN FISCAL 2019 AND BETWEEN 13 AND 16 STORES IN FISCAL 2020.ESTIMATE CAPITAL EXPENDITURES WILL INCREASE TO APPROXIMATELY $340 MILLION IN FISCAL 2019.‍IN CONNECTION WITH 2017 TAX ACT NET EARNINGS FOR CURRENT YEAR'S Q4 WERE REDUCED BY $0.18 PER DILUTED SHARE​.QTRLY ‍USED UNIT SALES IN COMPARABLE STORES DECLINED 8.0% IN Q4.QTRLY ‍TOTAL USED UNIT SALES FELL 3.1% IN Q4​."DISAPPOINTED IN OUR Q4 COMPARABLE STORE UNIT SALES PERFORMANCE".‍CURRENTLY PLAN TO OPEN 15 STORES IN FISCAL 2019 AND BETWEEN 13 AND 16 STORES IN FISCAL 2020​.Q4 EARNINGS PER SHARE VIEW $0.87, REVENUE VIEW $4.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

CarMax Reports Q3 Earnings Per Share $0.81
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Carmax Inc ::CARMAX REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.81.Q3 EARNINGS PER SHARE VIEW $0.81 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $4.11 BILLION VERSUS I/B/E/S VIEW $3.98 BILLION.QTRLY ‍TOTAL WHOLESALE UNIT SALES INCREASED 9.1%​.QTRLY USED UNIT SALES IN COMPARABLE STORES INCREASED 2.7 PERCENT.QTRLY TOTAL USED UNIT SALES ROSE 8.2 PERCENT.  Full Article

CarMax Expands Commercial Relationship With RepairPal
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - CarMax Inc ::CARMAX SAYS ‍IS EXPANDING ITS COMMERCIAL RELATIONSHIP WITH REPAIRPAL, A PROVIDER OF AUTO SERVICE AND REPAIR VIA A NETWORK OF REPAIRPAL CERTIFIED SHOPS​.CARMAX INC - CARMAX HAS MADE A MINORITY INVESTMENT OF $5 MILLION AS LEAD IN A NEW ROUND OF FINANCING FOR REPAIRPAL​.  Full Article

Carmax Q4 earnings per share $0.81
Thursday, 6 Apr 2017 

Carmax Inc : Carmax reports fourth quarter and fiscal year results . Q4 earnings per share $0.81 . Q4 earnings per share view $0.79 -- Thomson Reuters I/B/E/S . Q4 revenue $4.05 billion versus I/B/E/S view $3.91 billion . Carmax Inc - total wholesale unit sales declined 1.2% in q4 . Used unit sales in comparable stores increased 8.7% in q4 . Carmax Inc says estimate capital expenditures will total approximately $325 million in fiscal 2018 . Total used unit sales rose 13.4% in q4 . Carmax Inc says currently plan to open 15 stores in fiscal 2018 and between 13 and 16 stores in fiscal 2019 . Carmax Inc says for Q4 Carmax auto finance income declined 10.2% to $82.9 million compared to last year . Carmax Inc says decline in income for Carmax auto finance for Q4 was primarily due to a $15.4 million increase in provision for loan losses .Carmax - for Q4 continued to experience a headwind related to third-party tier 3 sales mix, which declined to 9.4% of used unit sales from 14.5% in prior year's Q4.  Full Article

Carmax appoints Bill Nash as new CEO
Friday, 2 Sep 2016 

Carmax Inc : Tom Folliard retired as chief executive officer of Carmax, effective August 31, 2016 . Elected Carmax president Bill Nash as chief executive officer, effective today. .In addition, board elected Nash to serve as a director of Carmax..  Full Article

Carmax says CEO Thomas Folliard to retire effective August 31 - SEC Filing
Saturday, 2 Jul 2016 

Carmax Inc: Thomas Folliard, CEO informed the company's board of directors that he would retire as CEO effective August 31, 2016 . Carmax Inc says following Thomas's retirement, it is anticipated that company’s president, William D. Nash, will assume the role of CEO - SEC Filing . Executive chairman of the board .On June 28, 2016 the board approved a $750 million expansion of the company’s share repurchase program.  Full Article

CarMax Inc reports Q1 earnings per share $0.90
Tuesday, 21 Jun 2016 

Carmax Inc : Carmax reports first quarter results . Says currently estimate capital expenditures will total approximately $450 million in fiscal 2017 . Says plan to open 15 stores in fiscal 2017 and between 13 and 16 stores in fiscal 2018 . Q1 earnings per share $0.90 . Q1 earnings per share view $0.92 -- Thomson Reuters I/B/E/S . Q1 revenue $4.13 billion versus i/b/e/s view $4.19 billion . Qtrly total used unit sales rose 4.0%. . Qtrly total wholesale unit sales increased 1.8% .Qtrly used unit sales in comparable stores increased 0.2%..  Full Article

BRIEF-Carmax Says CEO William Nash's FY 2018 Total Compensation Was $7.8 Mln

* CARMAX INC SAYS CEO WILLIAM NASH'S FY 2018 TOTAL COMPENSATION WAS $7.8 MILLION VERSUS $6.5 MILLION IN FY 2017 - SEC FILING Source text: (https://bit.ly/2FFr941) Further company coverage: