CarMax Announces Second Quarter Conference Call

Rhea-AI Summary

CarMax, Inc. (NYSE:KMX) is set to release its financial results for Q2 ending August 31, 2021, on September 30, 2021, before market opening. A conference call with key executives, including CEO Bill Nash and CFO Enrique Mayor-Mora, will take place at 9:00 a.m. ET to discuss the results. Interested parties can access the call by dialing (888) 298-3261. A webcast will also be available on the company’s investor relations website. CarMax has sold over 750,000 used vehicles in FY 2021 and has a portfolio of nearly $14 billion in receivables.

Positive

• Sold over 750,000 used vehicles in fiscal year 2021.
• Originated over $6 billion in CarMax Auto Finance receivables.
• Maintained a portfolio nearing $14 billion.

Negative

• None.

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ending August 31, 2021 before the market opens on September 30, 2021, 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, senior vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed by dialing (888) 298-3261 (or (706) 679-7457 for international access) and entering the conference ID 3464618. 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, 2021, or via telephone (for approximately one week) by dialing (855) 859-2056 (or (404) 537-3406 for international access) and entering the conference ID 3464618.

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, contactless curbside pickup and appointments in its stores. During the fiscal year ending February 28, 2021, CarMax sold more than 750,000 used vehicles and more than 425,000 wholesale vehicles at its in-store and virtual auctions. In addition, CarMax Auto Finance originated more than $6 billion in receivables during fiscal year 2021, adding to its near $14 billion portfolio. CarMax has more than 220 stores, approximately 27,000 Associates, and is proud to have been recognized for 17 consecutive years as one of the Fortune 100 Best Companies to Work For®. For more information, visit www.carmax.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210916005591/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 Q2 financial results for 2021?

CarMax will report its Q2 financial results for 2021 on September 30, 2021.

What is the conference call schedule for CarMax's Q2 2021 results?

The conference call will take place on September 30, 2021, at 9:00 a.m. ET.

How can I access the CarMax Q2 financial results conference call?

You can access the call by dialing (888) 298-3261 and entering conference ID 3464618.

What are CarMax's recent sales figures for used vehicles?

CarMax sold over 750,000 used vehicles during the fiscal year ending February 28, 2021.

What is the size of CarMax's Auto Finance portfolio?

CarMax Auto Finance has a portfolio of nearly $14 billion in receivables.