2009 News Releases

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11/13/09CarMax Reports Top Ten Searched Vehicle Features on carmax.com
RICHMOND, Va.--(BUSINESS WIRE)--Nov. 13, 2009-- CarMax, Inc. (NYSE:KMX) the nation’s largest retailer of used cars, reports the top ten vehicle features searched for on carmax.com in October. Leather seats top the list as the most desired feature among carmax.com consumers. “Car shoppers often know the vehicle options that are most important to them, but with so many choices, sometimes they may not know which features are... 
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11/02/09Price and Reliability Are Top Factors for Women Car Shoppers, According to CarMax Survey
Space Ranks High with Moms RICHMOND, Va.--(BUSINESS WIRE)--Nov. 2, 2009-- When choosing a car to buy, more than 60 percent of women selected price and reliability as the most important factors, according to a recent survey conducted for CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars. Space was noticeably more important for women with children under age eighteen. A majority of respondents ch... 
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10/14/09CarMax Says Online Searches for Sports Cars Have Increased
Ford Mustang Grabs Top Spot for Car Searches on Carmax.com RICHMOND, Va., Oct 14, 2009 (BUSINESS WIRE) -- Online searches for sports cars on carmax.com have increased since August, reports CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars. According to carmax.com, online searches for sports cars increased six percent in September from the previous month. The most searched car on carmax.com for the month of September was the popular ... 
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10/13/09Career Changes and Children Likely to Prompt Women to Purchase a Car, According to CarMax Survey
RICHMOND, Va.--(BUSINESS WIRE)--Oct. 13, 2009-- For women, purchasing a car can often be triggered by major life events, particularly changes in employment and family, according to a recent survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. Sixty percent of women surveyed indicated that a change in their career, whether it was a new job (37 percent) or retirement (23 percent), would ... 
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09/28/09Buying a Car is a Hassle for Women
Quick Transaction and Fair Price, Among Most Lacking in Recent CarMax Poll RICHMOND, Va.--(BUSINESS WIRE)--Sep. 28, 2009-- Buying a car is a hassle for women, according to a recent poll conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. When asked about their last car buying experience, a fourth of the women who responded felt a quick and effortless transaction was most missing, according to a n... 
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09/25/09CarMax Advises How to Avoid Flood-Damaged Cars
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 25, 2009-- In the wake of recent flooding, CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, is advising consumers on how to avoid purchasing flood-damaged vehicles. “Consumers should be aware that some businesses and individuals may try to sell salvaged and flood-damaged cars without revealing the vehicle history,” said Jason Day, Atlanta region vice preside... 
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09/22/09CarMax Reports Record Quarterly Earnings
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 22, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2009. Net sales and operating revenues increased 13% to $2.08 billion from $1.84 billion in the second quarter of last year. Comparable store used unit sales increased 8% for the quarter. Total used unit sales rose 10% in the second quarter. ... 
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09/14/09CarMax Receives Perfect Score on Corporate Equality Index
Used Car Retailer Recognized for Commitment to Equality Second Consecutive Year RICHMOND, Va.--(BUSINESS WIRE)--Sep. 14, 2009-- CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars, has achieved a perfect score on the Human Rights Campaign (HRC) Foundation’s annual Corporate Equality Index (CEI). The CEI measures workplace equality for the lesbian, gay, bisexual and transgender (LGBT) community. As part of ... 
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09/08/09CarMax Announces Details of Second Quarter Earnings Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 8, 2009-- CarMax, Inc. (NYSE:KMX) today announced details of its investor conference call to be conducted in conjunction with the release of sales and earnings for the second fiscal quarter ended August 31, 2009. What:   Second Fiscal Quarter Earnings Conference Call. ... 
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08/13/09CarMax Reports Black Most Popular Car Color in Online Searches
RICHMOND, Va., Aug 13, 2009 (BUSINESS WIRE) -- CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars, reports that black remains the most popular color for used vehicle searches conducted on carmax.com. This mirrors a similar account from February 2008 when black was first reported to be the most popular vehicle color search choice. Used car shopper's top five color choices in July were: Color Choice July 2009 Black ... 
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07/20/09Mileage is Seen as the Top Reason for a Car's Depreciation over Accident Damage According to Survey for CarMax
RICHMOND, Va., Jul 20, 2009 (BUSINESS WIRE) -- Americans see mileage as the main factor when it comes to causing a car's value to depreciate, according to an online survey conducted for CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars. Frame damage and not keeping up with regular maintenance were other major factors, according to the survey. Additionally, women were more likely than men to say failing to keep up with regular main... 
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07/14/09CarMax Completes $500 Million Securitization of Auto Loan Receivables
RICHMOND, Va.--(BUSINESS WIRE)--Jul. 14, 2009-- CarMax, Inc. (NYSE:KMX) announced today that it has completed a private placement of $490 million principal amount of CarMax Auto Owner Trust 2009-A Asset-Backed Notes. J.P. Morgan Securities Inc. acted as advisor on the transaction. In the transaction, investors purchased $490 million of notes backed by auto loan receivables originated by CarMax Auto Finance. The ratings of the not... 
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07/13/09CarMax Reports Increased Online Searches for Hybrid and Diesel Vehicles as Consumers Hit the Road This Summer
RICHMOND, Va.--(BUSINESS WIRE)--Jul. 13, 2009-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, reports that searches on carmax.com for hybrid vehicles has risen four percent in June over May while diesel vehicle searches rose seven percent over the same time period. Visits to the Fuel Economy section of carmax.com have risen 17 percent over May as consumers look for ways to improve their gas mileage. ... 
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06/19/09CarMax Reports First Quarter Results
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 19, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2009. Net sales and operating revenues decreased 17% to $1.83 billion from $2.21 billion in the first quarter of last year. Comparable store used unit sales declined 17% for the quarter. Total used unit sales decreased 13% in the first quarter. ... 
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06/08/09CarMax Makes Finding a Crossover Vehicle on carmax.com as Easy as a Click of the Mouse
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 8, 2009-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, added the crossover vehicle type in mid-April as a specific searchable term on carmax.com. Clicks to the new vehicle type have increased during its first month of availability. Crossovers are vehicles that combine the utility and space of an SUV or minivan with the drive and handling ease of a sedan. Crossovers often have ... 
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06/03/09CarMax Announces Webcast Information for Upcoming Events
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 3, 2009-- CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for upcoming events. June 19, 2009 – First Quarter Fiscal 2010 Earnings Conference Call. On June 19, CarMax will release sales and earnings for the first quarter ended May 31, 2009, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as fo... 
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06/01/09CarMax Kicks off Month-Long Volunteer Efforts Across The United States
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 1, 2009-- CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars, today kicks off volunteer efforts across the United States to support the communities where our associates live and work. During June, hundreds of CarMax associates are volunteering in teams for non-profit organizations, such as Boys and Girls Clubs, Special Olympics and Habitat for Humanity. More than 50 volunteer teams ... 
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05/26/09Practicality and Basic Transportation Needs Reflect Today's Car Drivers, According to Survey
RICHMOND, Va.--(BUSINESS WIRE)--May. 26, 2009-- Practical vehicles that provide basic transportation are the way drivers in today’s economy view their cars, according to an online survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. The overwhelming choice when asked: Thinking about your car, would you say that it…was “gets me from point A to point B,” with 71 percent of ... 
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05/14/09CarMax Says Online Searches for Sports Cars in April Zoomed in Popularity
RICHMOND, Va.--(BUSINESS WIRE)--May. 14, 2009-- Online searches for sports cars on carmax.com have been steadily increasing since January reports CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars. According to carmax.com, car shoppers searching online for sports cars increased six percent in April from the previous month. Online sports car searches are up eight percent over January’s figures. The No. 1 s... 
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04/20/09As the Weather Warms, Searches for Convertibles Heat Up
RICHMOND, Va.--(BUSINESS WIRE)--Apr. 20, 2009-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, reports that searches for convertibles and used cars with sunroofs increased on carmax.com in March. According to carmax.com, searches for convertibles were up 28 percent since December. Searches for used cars with sunroofs during the same time period had a 15 percent increase. Warmer weather means car shoppers’ tho... 
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04/16/09CarMax Provides Tips to "Spring" Your Car into Shape
RICHMOND, Va.--(BUSINESS WIRE)--Apr. 16, 2009-- Is your car tired of the winter blues? With a little love and tender care, your ride can be ready for spring in no time. CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars, and its master technicians, offer advice on how to spruce up your car for spring during National Car Care month. “Spring is one of the most critical times for vehicle maintenance,” said ... 
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04/15/09CarMax Urges Congress to Include Used Vehicles in Cash for Clunkers Legislation
RICHMOND, Va.--(BUSINESS WIRE)--Apr. 15, 2009-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is urging Congress to include used vehicles in the “Cash for Clunkers” legislative proposals. By including used vehicles, this legislation is better positioned to promote fuel efficiency, save jobs, and help more Americans afford a car. One legislative proposal that does include used cars is S. 247, sponsored by Sena... 
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04/02/09CarMax Reports Fourth Quarter and Fiscal Year 2009 Results
RICHMOND, Va.--(BUSINESS WIRE)--Apr. 2, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2009. Total sales decreased 28% to $1.47 billion from $2.04 billion in the fourth quarter of fiscal 2008. For the fiscal year, total sales decreased 15% to $6.97 billion from $8.20 billion in fiscal 2008. Comparable store used unit sales declined 26% for the f... 
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03/24/09Let CarMax Do the Online Car Shopping for You
RICHMOND, Va.--(BUSINESS WIRE)--Mar. 24, 2009-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announces the new Email Alert feature on carmax.com. This option provides customers with more control and flexibility during their online car shopping experience. The new feature allows customers to receive emails when specific vehicles they are searching for become available in the CarMax inventory. Consumers can receive... 
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03/20/09CarMax Announces Webcast Information for Year End Earnings and Upcoming Conferences
RICHMOND, Va.--(BUSINESS WIRE)--Mar. 20, 2009-- CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for upcoming events. April 2, 2009 – CarMax Fourth Quarter and Fiscal 2009 Earnings Conference Call. CarMax will release its financial results for the fourth quarter and fiscal year ended February 28, 2009, and will host a conference call for investors at 9:00 a.m. ET. Investors... 
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02/19/09Affordability and Quality Are Top Factors for Today's Car Shoppers, According to Survey
RICHMOND, Va.--(BUSINESS WIRE)--Feb. 19, 2009-- Given the current economic conditions, affordability and quality were chosen as the two most important factors driving the majority of vehicle purchases in a recent survey conducted for CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars. When given one choice, fifty-six percent of those surveyed chose affordability as the most important consideration in their next vehic... 
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02/12/09CarMax Named to Training Magazine's Top 125
RICHMOND, Va.--(BUSINESS WIRE)--Feb. 12, 2009-- CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars, has been named for the second consecutive year to Training magazine’s Training Top 125. CarMax came in this year at number fifty-seven. The company made its debut on the prestigious list last year. Training magazine, the training industry’s premiere publication, annually selects 125 organizations that... 
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02/03/09Top Car Buyer Regret is Overpaying for a New Car That Depreciated, According to Survey
RICHMOND, Va., Feb 03, 2009 (BUSINESS WIRE) -- Paying too much for a new car that depreciated is a top regret of many car buyers, according to a recent survey conducted for CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars. Twenty-six percent of those surveyed who had purchased a car believe they overpaid for a new car, while 22 percent of purchasers admitted to not doing enough research when buying a vehicle. Another bad decisio... 
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01/22/09CarMax Named One of the "100 Best Companies to Work For" by FORTUNE Magazine for the Fifth Straight Year
RICHMOND, Va.--(BUSINESS WIRE)--Jan. 22, 2009--CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars, has been named by FORTUNE magazine as one of its 2009 "100 Best Companies to Work For." This is the fifth consecutive year CarMax has been named to the list. CarMax ranks No. 31 on the list for 2009. The list and related stories will appear in the February 2 issue of FORTUNE, available on newsstands January 26, 2009 and at www.fortun... 
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01/20/09CarMax Launches New Advanced Search Tool
Advanced Search Offers New Way to Search CarMax's Thousands of Vehicles Online RICHMOND, Va.--(BUSINESS WIRE)--Jan. 20, 2009--CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used cars, recently announced the availability of an Advanced Search tool on carmax.com. The new, optional Advanced Search is for the car shopper who wants to enter multiple criteria into one search right from the start. For example, a shopper can select any combination of ... 
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01/06/09CarMax Announces Webcast Information for Upcoming Conference
RICHMOND, Va., Jan 06, 2009 (BUSINESS WIRE) -- CarMax, Inc. (NYSE:KMX) announced today that Katharine W. Kenny, Assistant Vice President of Investor Relations, will present at the Cowen and Company's 7th Annual Consumer Conference in New York on Monday, January 12, 2009. The presentation will begin at 10:30 a.m. ET. A live webcast of the presentation will be available on the company's investor information homepage at http://investor.carmax.com. The... 
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KMX (Common Stock)
ExchangeNYSE (US Dollar)
Price$20.10
Change (%) Stock is Down 0.06 (0.30%)
Volume1,511,255
Data as of 11/20/09 4:03 p.m. ET
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Contact Information

Katharine Kenny
Vice President, Investor Relations
(804) 747.0422
katharine_kenny@carmax.com

Celeste Gunter
Manager of Investor Relations
(804) 747.0422
celeste_gunter@carmax.com