BNET Industries
CarMax Inc. (KMX) is in the Auto Industry
- Revenue
- Feb 29 2008
- $8.1B
- Profit
- Feb 29 2008
- $1.5B
- Market Cap
- Oct 09 2008
- $2.2B
Latest News and Analysis
CarMax Turning to Web to Fight Sluggish Demand
CarMax Turning to Web to Fight Sluggish DemandRE: CarMax Turning to Web to Fight Sluggish DemandDefinitely this is a great move by CarMax. Today technology is facilitating the benefits to the consumres. Every one wants to knowledgable enough to make a good decision before making any purchase decision. Internet in...
CarMax, Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Rex Henderson – Raymond James. Rex Henderson – Raymond James I want to focus a little bit on CAF and your assumptions for the loan losses now being originated. You told us what the peak loan loss assumption is...
CarMax Profit Tumbles Amid Slowing Economy
DETROIT (Reuters) - CarMax Inc KMX, the largest U.S. retailer of used cars, on Monday said quarterly profit plunged 78 percent, hurt by a slowing economy and falling resale values of trucks and sport utility vehicles. Net income declined to $14.0 million in...
CarMax Turning to Web to Fight Sluggish Demand
In this sluggish economic environment, CarMax is getting aggressive in attempts to move pre-owned vehicles off its lots. In the last month, the nation's largest retailer of used cars has upgraded its search tools for folks looking to avoid the showroom floor. Previously, the retailer's website could be used to...
Bumpy Road for CarMax
Bumpy Road for CarMaxRE: Bumpy Road for CarMaxGuess there are some good SUV buys on the lots. Huh?RE: Bumpy Road for CarMaxCarmax appears to be a pretty reputable company, but they need to make thier business model more resilient. They might consider increases the focus on service and offering leasing,...
Russell 1,000 Stocks with the Highest Short Interest as a Percentage of Float
Hickey and Walters Bespoke submit: July month-end short interest figures were released earlier this week, and below we highlight stocks in the Russell 1,000 with the highest short interest as a percentage of float. As shown, more than 50% of both Big Lots' BIG and Sears Holdings' SHLD...
CarMax F1Q09 (Qtr End 5/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Matthew Fassler with Goldman Sachs. Matthew Fassler - Goldman Sachs A couple of questions, and the first relates to the SUV depreciation and the impact that it has on your VAR rate. Based on your observations of...
Carmax Explorations Ltd.: Additional Financing; 2008 Drilling Program Increased
Carmax Explorations Ltd. (the "Company") (TSX VENTURE: CMX) is pleased to announce that it will be placing up to 15,000,000 units at a price of $0.08 per unit. A portion of the units being placed will be flow-through units and the remainder will be non flow-through units. The apportionment between...
Zacks Analyst Blog Highlights: ConocoPhillips, EnCana, Carnival Corporation, Royal Caribbean and CarMax
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: ConocoPhillips (NYSE: COP), EnCana (NYSE: ECA), Carnival Corporation (NYSE: CCL), Royal...
CarMax Announces Webcast Information for Upcoming Events
RICHMOND, Va. -- CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for several upcoming events.
CarMax Technicians Offer Time and Money-Saving Tips for Your Car When Every Dollar Counts
RICHMOND, Va., May 16 /PRNewswire/ -- Maintaining your car can be a hassle and expensive, especially when the pressure of saving money counts. That's why CarMax, Inc. , the nation's largest retailer of used cars, is providing helpful advice to reduce the excess time and money that is spent...
CarMax, Inc. F4Q08 (Qtr End 02/29/08) Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from the line of Matt Fassler with Goldman Sachs. Matt Fassler – Goldman Sachs A couple questions if we could. First on the gross margin side and your strategy of taking a lower gross profit per vehicle how do you think that worked...
New Analyst Reports Scheduled for CARMAX EXPLORATIONS LTD, SAN GOLD CORPORATION, and EXPLOR RESOURCES INC.; Free Analyst Review
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing and how to consistently profit from whatever the markets throw our way should sign up to www.maybachfinancial.com for a free trial subscription. Through our numerous...
Carmax Explorations Ltd.: Eaglehead Property Update
Carmax (TSX VENTURE: CMX) has received drill results from Holes #80 and #81 completed in the fall of 2007. These holes were drilled to test a high chargeability anomaly located along the 40N baseline between lines 177E to 187E. This anomaly located about 2.0 km southeast of the Far East...
CarMax Says Online Hybrid Car Searches Are on the Rise
To: RETAILING EDITORSTo: RETAILING EDITORS
Zacks Analyst Blog Highlights: Morgan Stanley, Hovnanian, General Mills, Joy Global and CarMax
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Morgan Stanley (NYSE: MS), Hovnanian Enterprises (NYSE: HOV), General Mills (NYSE:...
CarMax Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from the line of Seth Basham with Credit Suisse. Seth Basham - Credit Suisse Good morning. Thank you for taking my question. Tom Folliard Good morning, Seth. Seth Basham - Credit Suisse If we could focus a...
Carmax Drills Best Hole to Date
Carmax Explorations Ltd. (TSX VENTURE: CMX) is pleased to report assays for 2 holes of the 2007 drilling program on the Company's Eaglehead Property. Assays for the additional 10 holes will be reported when received from Acme Analytical Laboratories Ltd.
Carmax Drills Best Hole to Date.
VANCOUVER, BRITISH COLUMBIA, Dec 14, 2007 Marketwire via COMTEX -- Carmax Explorations Ltd. (TSX VENTURE:CMX) is pleased to report assays for 2 holes of the 2007 drilling program on the Company's Eaglehead Property. Assays for the additional 10 hol VANCOUVER, BRITISH COLUMBIA, Dec 14, 2007 (Marketwire...
Prepare Your Car for Winter Weather with Tips from CarMax
RICHMOND, Va. -- As winter approaches, CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, offers advice on how to ensure that your car is ready for cold weather.
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- Incorporated: 1996
- CEO: Mr. Thomas J. Folliard
CarMax is a holding company. Through its subsidiaries, Co. is engaged as a retailer of used cars. Co. also sells new vehicles under various franchise agreements. In addition, Co. provides customers with a range of related products and services, including the financing of vehicle purchases through its own finance operation, CarMax Auto Finance, and third-party lenders; the sale of service plans and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair service. As of Feb 29 2008, Co. operated 89 used car superstores in 41 metropolitan markets. As of the date above, Co. sold 222,406 wholesale vehicles through on-site auction.
Key Competitors
CarMax Inc. Company Info
Board of Directors
Mr. William R. Tiefel
Chairman
Mr. W. Robert Grafton
Mr. Jeffrey E. Garten
Ms. Vivian M. Stephenson
Ms. Beth A. Stewart
Mr. Thomas J. Folliard
Mr. Keith D. Browning
Mr. Ronald E. Blaylock
Ms. Shira D. Goodman
Mr. Edgar H. Grubb
Mr. James F. Clingman Jr.
Major General Hugh G. Robinson
Mr. Thomas G. Stemberg
Contact Information
12800 Tuckahoe Creek Parkway
Richmond, VA
804 747-0422
