CARMAX INC overview

HARRISON, NJ / RICHMOND, VA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- In a move that further strengthens the ascension of women’s sports, reigning National Women’s Soccer League (NWSL) champion NJ/NY Gotham FC and CarMax today announced that the club's official automotive retailer has become the Marquee Partner. The new multi-year agreement cements an increased commitment to the club while also increasing brand visibility for CarMax through prominent logo placement on the front of Gotham FC...

RICHMOND, VA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- CarMax , Inc. (NYSE: KMX), the nation's largest retailer of used cars, announces the pilot of its first all-electric semi-truck that is being used as a vehicle hauler in California’s San Joaquin Valley. The truck can transport up to seven vehicles at one time and can travel an estimated 230 miles on a single charge, enabling it to efficiently service CarMax’s stores in the region. CarMax is testing the all-electric semi-truck in real-world...

NEW YORK, New York, Oct. 10, 2023 (GLOBE NEWSWIRE) -- CarMax , Inc. (NYSE: KMX), the nation’s largest retailer of used cars, celebrates 30 years of revolutionizing the used car industry by ringing the Closing Bell® at the New York Stock Exchange today, October 10, 2023. To honor the occasion, Bill Nash, President and CEO and Laura Donahue, VP Corporate Social Responsibility and a founding CarMax associate, will ring The Closing Bell®. Nash and Donahue will be joined by several other founding...

CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2023. Highlights : Net revenues were $7.7 billion, down 17.4% compared with the prior year first quarter. Retail used unit sales declined 9.6%, and comparable store used unit sales declined 11.4%, each from the prior year’s first quarter; wholesale units declined 13.6% from the prior year’s first quarter. Delivered strong margins in retail and wholesale; gross profit per retail used unit of $2,361 and gross...

CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2023 before the market opens on June 23, 2023, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Bill Nash, president and CEO, Enrique Mayor-Mora, executive vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed by dialing (800) 274-8461 (or (203) 518-9814 for...

NORTHAMPTON, MA / ACCESSWIRE / May 16, 2023 / CarMax , Inc. (NYSE:KMX), the nation's largest retailer of used cars, announced the release of its 2023 Responsibility Report . The report features expanded disclosures regarding CarMax's environmental, social and governance priorities, including details on the company's relevant climate-related risks and opportunities in a manner aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). In addition, the...

RICHMOND, VA, May 15, 2023 (GLOBE NEWSWIRE) -- CarMax , Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced the release of its 2023 Responsibility Report . The report features expanded disclosures regarding CarMax’s environmental, social and governance priorities, including details on the company’s relevant climate-related risks and opportunities in a manner aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). In addition,...