Detail akcie Carmax Inc online

Business Summary: CarMax, Inc. is a retailer of used autos. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. Its CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The CAF segment consists solely of its own finance operation that provides financing to customers buying retail vehicles from the Company. The CAF segment also services all auto loans it originates and is responsible for providing billing statements, collecting payments, maintaining contact with delinquent customers, and arranging for the repossession of vehicles securing defaulted loans. It provides customers with a range of other related products and services, including extended protection plan (EPP) products and vehicle repair services.
Financial Summary: BRIEF: For the three months ended 31 May 2024, Carmax Inc revenues decreased 7% to $7.11B. Net income decreased 33% to $152.4M. Revenues reflect Used Vehicle Sales decrease of 5% to $5.68B, Used vehicle sales decrease of 5% to $5.68B, Wholesale vehicle sales decrease of 17% to $1.26B. Net income also reflects Stock-based Compensation in SGA increase of 33% to $47.1M (expense), Store occupancy costs increase of 7% to $70.6M (expense).