财务数据和关键指标变化 - 总销售额为71亿美元,同比下降13%,主要由于零售和批发销量及价格下降 [13] - 零售销量下降7.4%,同店销量下降9%,但逐月有所改善 [13] - 平均售价下降约1,200美元或4% [13] - 零售毛利润率为2,251美元/辆,与去年同期的2,282美元/辆相当 [14] - 批发销量下降11.2%,平均售价下降约1,300美元或12%,但毛利润率从881美元/辆上升至963美元/辆 [14][15] 各条业务线数据和关键指标变化 - 公司从消费者和经销商共购买约29.2万辆车,同比下降15% [16] - 其中从消费者购买约27.3万辆,超过一半通过在线即时评估体验 [16] - 公司自有车源占比维持在70%以上 [16] - 线上销售占零售销量的14%,同比增加3个百分点 [17] - 全渠道销售占零售销量的55%,同比增加2个百分点 [17] - 线上交易占总收入的31%,与去年同期相当 [17] 各个市场数据和关键指标变化 - 无具体披露 公司战略和发展方向及行业竞争 - 公司正在采取措施提高运营效率,优化客户体验,为未来发展做好准备 [39][40][41][42][43][44] - 公司正在加强与Edmunds的合作,提升电动车销售能力 [45][46][47][48] - 公司正在庆祝30周年,未来将继续革新行业 [49] 管理层对经营环境和未来前景的评论 - 公司正在应对广泛的行业压力,但正在采取措施改善业务 [11] - 公司相信未来几年的举措将推动增长 [49] 问答环节重要的提问和回答 问题1 **Craig Kennison 提问** 客户是否由于利率上升而延迟换车 [52][53] **Bill Nash 回答** 是的,一些客户由于负担能力问题而延迟换车,尤其是低信用客户 [54] 问题2 **Brian Nagel 提问** 1) 公司为何重启股票回购计划,以及计划以较低的初始速度进行 [62][63][64] 2) 公司是否看到需求有所改善 [63] **Enrique Mayor-Mora 回答** 1) 公司希望通过适当的资本配置来维持财务灵活性,同时回报股东 [64][65] **Bill Nash 回答** 2) 公司看到较老车型的需求有所增加,这可能反映出部分客户的负担能力问题 [66][67] 问题3 **Seth Basham 提问** 1) 公司如何看待未来6个月的竞争环境,包括对UAW罢工的影响 [70][71][72] 2) 公司在获取近期车型方面是否面临挑战 [75][76] **Bill Nash 回答** 1) 公司将密切关注UAW罢工的影响,但有信心应对行业周期性挑战 [71][72] 2) 公司的自有车源占比较高,有信心应对近期车型供给的挑战 [75][76]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the Quarterly Period Ended August 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☐ OF 1934 Commission File Number: 1-31420 CARMAX, INC. (Exact name of registrant as specified in its charter) Virginia 54-1821055 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the Quarterly Period Ended May 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☐ OF 1934 Commission File Number: 1-31420 CARMAX, INC. (Exact name of registrant as specified in its charter) Virginia 54-1821055 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No. ...

CarMax, Inc. (NYSE:KMX) Q1 2024 Earnings Conference Call June 23, 2023 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Brian Nagel - Oppenheimer Craig Kennison - Robert W. Baird Daniel Imbro - Stephens Sharon Zackfia - William Blair & Company Joh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 28, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from ____ to ____ Commission file number 001-31420 CARMAX, INC. (Exact name of registrant as specified in its charter) Virginia 54-1821055 (State or other jurisdiction ...

CarMax, Inc. (NYSE:KMX) Q4 2023 Earnings Conference Call April 11, 2023 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants John Healy - Northcoast Research Michael Montani - Evercore ISI Craig Kennison - Baird Rajat Gupta - JPMorgan Brian Nagel - Op ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the Quarterly Period Ended November 30, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☐ OF 1934 Commission File Number: 1-31420 CARMAX, INC. (Exact name of registrant as specified in its charter) Virginia 54-1821055 (State or other jurisdiction of incorporation) (I.R.S. Employer Identificatio ...

CarMax, Inc. (NYSE:KMX) Q3 2023 Earnings Conference Call December 22, 2022 9:00 AM ET Corporate Participants David Lowenstein - Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Brian Nagel - Oppenheimer Rajat Gupta - JPMorgan John Healy - Northcoast Research Daniel Imbro - Stephens Inc. John Murphy - Bank of America Seth B ...

CarMax, Inc. (NYSE:KMX) Q2 2023 Earnings Conference Call September 29, 2022 9:00 AM ET Company Participants David Lowenstein - Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Craig Kennison - Robert W. Baird Brian Nagel - Oppenheimer Sharon Zackfia - William Blair Michael Montani - Evercore Adam Jonas - Morgan Stanley Joh ...

CarMax, Inc. (NYSE:KMX) Q1 2023 Earnings Conference Call June 24, 2022 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Brian Nagel - Oppenheimer John Healy - Northcoast Research Sharon Zackfia - William Blair Rajat Gupta - JPMorgan Daniel Imbro - ...