Sector: Consumer Discretionary
Overview: CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of September 4, 2019, the company operated approximately 200 stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
Company Website: http://www.carmax.com/
Latest annual report: KMX-10K-2018