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MarketScreener Homepage  >  Equities  >  Nyse  >  CarMax    KMX

CARMAX

(KMX)
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CarMax : Opens Store in Killeen, TX

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05/15/2019 | 06:58pm EDT

Company announces contributions to local nonprofits

RICHMOND, Virginia (March 15, 2019) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has opened a new store in Killeen, TX.; the company's first in the Waco area and 21st in the state. CarMax Killeen is located at 3504 E. Central Texas Expressway and has the capacity to stock approximately 140 used vehicles of nearly every make and model. CarMax customers can also request transfers of almost any vehicle to this store from other CarMax locations throughout the country.

In celebration of the Killeen store opening, CarMax and The CarMax Foundation are awarding $5,000 in donations and grants to the Food Care Center in Killeen. The donation for this organization came at the recommendation of the Killeen CarMax associates.

'CarMax associates are passionate about giving back and we're honored to partner with local organizations like the Food Care Center,' said Nic Costas, location general manager of the Killeen CarMax. 'We are excited to join the community and introduce our easy car buying and selling experience to customers in Killeen.'

CarMax disrupted the industry more than 25 years ago by offering a high integrity car-buying experience customers want that's transparent and stress-free. Since that time, CarMax has continued to revolutionize the experience through customer-focused technology innovations. Approximately 90% of CarMax purchasers start on CarMax.com or the CarMax mobile app. Customers can browse CarMax's nationwide inventory of approximately 50,000 vehicles, hold a vehicle for a test drive, schedule an appraisal, and even get pre-qualified for financing before visiting the store. CarMax stands behind their vehicles with a 7-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ).

About CarMax

CarMax, the nation's largest retailer of used cars, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. CarMax continues to innovate and is currently rolling out an omni-channel experience, providing customers the option to complete transactions entirely from home, in store, or in a seamless combination of both. CarMax has more than 200 stores nationwide, and during the latest fiscal year sold nearly 750,000 used cars and 450,000 wholesale vehicles at its in-store auctions. With more than 25,000 associates, CarMax is proud to have been recognized for 15 consecutive years as one of the Fortune 100 Best Companies to Work For®. For more information, visit www.carmax.com.

Media Contact

CarMax Public Relations, (855) 887-2915pr@carmax.com@CarMaxfacebook.com/CarMax

Disclaimer

CarMax Inc. published this content on 15 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 May 2019 22:57:03 UTC

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Financials ($)
Sales 2020 19 213 M
EBIT 2020 1 220 M
Net income 2020 857 M
Debt 2020 7 834 M
Yield 2020 -
P/E ratio 2020 15,28
P/E ratio 2021 14,03
EV / Sales 2020 1,08x
EV / Sales 2021 1,02x
Capitalization 12 968 M
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Technical analysis trends CARMAX
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 83,4 $
Spread / Average Target 7,0%
EPS Revisions
Managers
NameTitle
William D. Nash President, Chief Executive Officer & Director
Thomas J. Folliard Non-Executive Chairman
Edwin J. Hill Chief Operating Officer & Executive VP
Thomas W. Reedy Chief Financial Officer & Executive Vice President
Shamim Mohammad Chief Information Officer & Senior Vice President
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