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Carmax Inc (KMX.N)

KMX.N on New York Stock Exchange

61.92USD
18 Jan 2019
Change (% chg)

$-2.64 (-4.09%)
Prev Close
$64.56
Open
$64.15
Day's High
$64.15
Day's Low
$61.20
Volume
957,370
Avg. Vol
420,053
52-wk High
$81.65
52-wk Low
$55.24

Latest Key Developments (Source: Significant Developments)

Carmax Q3 Earnings Per Share $1.09
Friday, 21 Dec 2018 

Carmax Inc ::CARMAX REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $1.09.Q3 EARNINGS PER SHARE ESTIMATE $1.00 -- REFINITIV IBES DATA.Q3 REVENUE $4.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.32 BILLION.QTRLY TOTAL WHOLESALE UNIT SALES INCREASED 10.0%.QTRLY USED UNIT SALES IN COMPARABLE STORES DECLINED 1.2%..QTRLY TOTAL USED UNIT SALES ROSE 2.3%.QTRLY COMPARABLE STORE SALES PERFORMANCE PRIMARILY REFLECTED LOWER STORE TRAFFIC, PARTIALLY OFFSET BY IMPROVED CONVERSION.  Full Article

Carmax Inc - Board Of Directors Approved $2 Billion Expansion Of The Company’S Share Repurchase Program
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Carmax Inc ::CARMAX INC - BOARD OF DIRECTORS APPROVED $2 BILLION EXPANSION OF THE COMPANY’S SHARE REPURCHASE PROGRAM.CARMAX-EXPANDED AUTHORIZATION IS EFFECTIVE IMMEDIATELY, IS IN ADDITION TO $638.3 MILLION REMAINING AVAILABLE FOR REPURCHASE UNDER PROGRAM AS OF AUG 31, 2018.CARMAX - BOARD SET NO EXPIRATION DATE FOR NEW SHARE REPURCHASE AUTHORIZATION.  Full Article

Carmax Q2 Earnings Per Share $1.24
Wednesday, 26 Sep 2018 

Carmax Inc ::CARMAX REPORTS SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $1.24.Q2 EARNINGS PER SHARE VIEW $1.21 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $4.77 BILLION VERSUS I/B/E/S VIEW $4.65 BILLION.QTRLY TOTAL WHOLESALE UNIT SALES INCREASED 14.6%.QTRLY USED UNIT SALES IN COMPARABLE STORES INCREASED 2.1%..QTRLY TOTAL USED UNIT SALES ROSE 5.8%.  Full Article

Carmax Inc Says Currently Estimate Capital Expenditures Will Total About $340 Mln In Fiscal 2019
Thursday, 5 Jul 2018 

July 5 (Reuters) - Carmax Inc ::CARMAX INC SAYS CURRENTLY ESTIMATE CAPITAL EXPENDITURES WILL TOTAL ABOUT $340 MILLION IN FISCAL 2019 - SEC FILING.  Full Article

CarMax Reports Q4 Earnings Per Share $0.67
Wednesday, 4 Apr 2018 

April 4 (Reuters) - CarMax Inc ::CARMAX REPORTS FOURTH QUARTER RESULTS.Q4 REVENUE $4.08 BILLION VERSUS I/B/E/S VIEW $4.17 BILLION.Q4 EARNINGS PER SHARE $0.67.TOTAL WHOLESALE UNIT SALES INCREASED 8.9% IN Q4.CURRENTLY PLAN TO OPEN 15 STORES IN FISCAL 2019 AND BETWEEN 13 AND 16 STORES IN FISCAL 2020.ESTIMATE CAPITAL EXPENDITURES WILL INCREASE TO APPROXIMATELY $340 MILLION IN FISCAL 2019.‍IN CONNECTION WITH 2017 TAX ACT NET EARNINGS FOR CURRENT YEAR'S Q4 WERE REDUCED BY $0.18 PER DILUTED SHARE​.QTRLY ‍USED UNIT SALES IN COMPARABLE STORES DECLINED 8.0% IN Q4.QTRLY ‍TOTAL USED UNIT SALES FELL 3.1% IN Q4​."DISAPPOINTED IN OUR Q4 COMPARABLE STORE UNIT SALES PERFORMANCE".‍CURRENTLY PLAN TO OPEN 15 STORES IN FISCAL 2019 AND BETWEEN 13 AND 16 STORES IN FISCAL 2020​.Q4 EARNINGS PER SHARE VIEW $0.87, REVENUE VIEW $4.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

CarMax Reports Q3 Earnings Per Share $0.81
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Carmax Inc ::CARMAX REPORTS THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.81.Q3 EARNINGS PER SHARE VIEW $0.81 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $4.11 BILLION VERSUS I/B/E/S VIEW $3.98 BILLION.QTRLY ‍TOTAL WHOLESALE UNIT SALES INCREASED 9.1%​.QTRLY USED UNIT SALES IN COMPARABLE STORES INCREASED 2.7 PERCENT.QTRLY TOTAL USED UNIT SALES ROSE 8.2 PERCENT.  Full Article

CarMax Expands Commercial Relationship With RepairPal
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - CarMax Inc ::CARMAX SAYS ‍IS EXPANDING ITS COMMERCIAL RELATIONSHIP WITH REPAIRPAL, A PROVIDER OF AUTO SERVICE AND REPAIR VIA A NETWORK OF REPAIRPAL CERTIFIED SHOPS​.CARMAX INC - CARMAX HAS MADE A MINORITY INVESTMENT OF $5 MILLION AS LEAD IN A NEW ROUND OF FINANCING FOR REPAIRPAL​.  Full Article

Carmax Q4 earnings per share $0.81
Thursday, 6 Apr 2017 

Carmax Inc : Carmax reports fourth quarter and fiscal year results . Q4 earnings per share $0.81 . Q4 earnings per share view $0.79 -- Thomson Reuters I/B/E/S . Q4 revenue $4.05 billion versus I/B/E/S view $3.91 billion . Carmax Inc - total wholesale unit sales declined 1.2% in q4 . Used unit sales in comparable stores increased 8.7% in q4 . Carmax Inc says estimate capital expenditures will total approximately $325 million in fiscal 2018 . Total used unit sales rose 13.4% in q4 . Carmax Inc says currently plan to open 15 stores in fiscal 2018 and between 13 and 16 stores in fiscal 2019 . Carmax Inc says for Q4 Carmax auto finance income declined 10.2% to $82.9 million compared to last year . Carmax Inc says decline in income for Carmax auto finance for Q4 was primarily due to a $15.4 million increase in provision for loan losses .Carmax - for Q4 continued to experience a headwind related to third-party tier 3 sales mix, which declined to 9.4% of used unit sales from 14.5% in prior year's Q4.  Full Article