|11/19/14||CarMax Opens New Store In Raleigh, North Carolina|
|Company Announces More Than $100,000 in Community Donations
RICHMOND, Virginia (November 19, 2014) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars,
officially opened its second store in Raleigh, North Carolina, located at 8007 Wild Wood Forest Drive. The store is more than 50,000-square-feet, occupies
more than 16 acres and stocks more than 300 used vehicles.
In celebration of the new Raleigh store opening, CarMax is donating $5,000 to the Boys... |
|10/22/14||CarMax Board Increases Share Repurchase Authorization by $2 Billion|
|RICHMOND, Va.--(BUSINESS WIRE)--Oct. 22, 2014--
CarMax, Inc. (NYSE: KMX) today announced that its Board of Directors has
approved a $2 billion expansion of the company’s share repurchase
program, for an aggregate share repurchase authorization of $3.8 billion
since the initial announcement of the program in October 2012. As of
August 31, 2014, the company had made $893 million of repurchases under
the program. The expanded authorization is effective imme... |
|09/25/14||CarMax Announces Chief Information Officer Transition|
|RICHMOND, Va.--(BUSINESS WIRE)--Sep. 25, 2014--
Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today
announced the promotion of Shamim Mohammad to senior vice president and
chief information officer.
Shamim Mohammad (Photo: Business Wire)
Mohammad, 45, will be responsible for the strategic use of technology
throughout the company. This includes the development and support of all
information systems, esta... |
|09/23/14||CarMax Reports Record Second Quarter Results|
|RICHMOND, Va.--(BUSINESS WIRE)--Sep. 23, 2014--
CarMax, Inc. (NYSE:KMX) today reported record second quarter results for
the quarter ended August 31, 2014.
Net sales and operating revenues increased 10.9% to $3.60 billion.
Used unit sales in comparable stores increased 0.2%.
Total used unit sales rose 6.3%.
Total wholesale unit sales increased 7.4%.
CarMax Au... |