CarMax Announces Second Quarter Conference Call

Rhea-AI Summary

CarMax, Inc. (NYSE:KMX) will announce its second-quarter financial results for the period ending August 31, 2022, on September 29, 2022, before the market opens. A conference call with key executives, including CEO Bill Nash, will follow at 9:00 a.m. ET to discuss these results. Interested parties can listen in by calling (800) 289-0720 or internationally at (323) 701-0160. A live webcast will also be available on the CarMax investor relations website, along with a replay accessible until December 21, 2022.

Positive

• CarMax sold approximately 924,000 used vehicles and 706,000 wholesale vehicles in fiscal year 2022.
• CarMax Auto Finance originated over $9 billion in receivables during fiscal 2022.
• The company has over 230 stores and 30,000 associates, highlighting its extensive operational scale.

Negative

• None.

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2022 before the market opens on September 29, 2022, 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) 289-0720 (or (323) 701-0160 for international access) and entering the conference ID 3170513. A live audio webcast also will be available at investors.carmax.com.

A replay of the webcast will be available on the company’s website at investors.carmax.com through December 21, 2022, or via telephone (for approximately one week) by dialing (888) 203-1112 (or (719) 457-0820 for international access) and entering the conference ID 3170513.

About CarMax

CarMax, the nation’s largest retailer of used autos, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. CarMax also provides a variety of vehicle delivery methods, including home delivery, express pickup and appointments in its stores. During the fiscal year ended February 28, 2022, CarMax sold approximately 924,000 used vehicles and 706,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated more than $9 billion in receivables during fiscal 2022, adding to its nearly $16 billion portfolio. CarMax has more than 230 stores, more than 30,000 Associates, and is proud to have been recognized for 18 consecutive years as one of the Fortune 100 Best Companies to Work For®. CarMax is committed to making a positive impact on people, communities and the environment. Learn more in the 2022 Responsibility Report. For more information, visit www.carmax.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220908005819/en/

Investors:

David Lowenstein

investor_relations@carmax.com, (804) 747-0422 ext. 7865



Media:

pr@carmax.com, (855) 887-2915

Source: CarMax, Inc.

FAQ

When will CarMax report its financial results for Q2 2022?

CarMax will report its financial results for the second quarter on September 29, 2022.

What time is the CarMax conference call scheduled?

The CarMax conference call is scheduled for 9:00 a.m. ET on September 29, 2022.

How can I access the CarMax conference call for Q2 2022?

You can access the CarMax conference call by dialing (800) 289-0720 or (323) 701-0160 for international access.

What was the total number of used vehicles sold by CarMax in fiscal 2022?

CarMax sold approximately 924,000 used vehicles in fiscal year 2022.

What is the total value of receivables CarMax Auto Finance originated in fiscal 2022?

CarMax Auto Finance originated more than $9 billion in receivables during fiscal 2022.