2014 News Releases

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10/22/14CarMax 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... 
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09/25/14CarMax Announces Chief Information Officer Transition
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 25, 2014-- CarMax, 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... 
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09/23/14CarMax 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... 
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09/09/14CarMax Announces Conference Call and Webcast Information for Second Quarter Fiscal Year 2015 Results
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 9, 2014-- CarMax, Inc. (NYSE:KMX) announced today the webcast and conference call access information for its upcoming earnings results. September 23, 2014 – Second Quarter Fiscal Year 2015 Earnings Conference Call On September 23, CarMax will release sales and earnings for the second quarter ended August 31, 2014, and will host a conference call for investors at 9:00 a.m. ET. Investors may acces... 
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09/03/14CarMax Hiring for More Than 1,000 Positions
Career opportunities in Service Operations and Sales available across the United States RICHMOND, Va.--(BUSINESS WIRE)--Sep. 3, 2014-- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars and one of FORTUNE magazine’s “100 Best Companies to Work For” for ten consecutive years, is recruiting for more than 1,000 positions in locations across the country. The company is growing and offers a variety of careers. The majority of open... 
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08/08/14CarMax Appoints Jim Lyski Chief Marketing Officer
RICHMOND, Va.--(BUSINESS WIRE)--Aug. 8, 2014-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced the appointment of Jim Lyski as chief marketing officer and senior vice president. Lyski will begin employment at CarMax immediately. Jim Lyski (Photo: Business Wire) Lyski, 51, will be responsible for directing and managing all of the company’s marketing functions, including consumer insights and strat... 
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06/20/14CarMax Reports Record Quarterly Results
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 20, 2014-- CarMax, Inc. (NYSE:KMX) today reported record results for the first quarter ended May 31, 2014. Net sales and operating revenues increased 13.3% to $3.75 billion. Used unit sales in comparable stores increased 3.4%. Total used unit sales rose 9.8%. Total wholesale unit sales increased 9.9%. CarMax Auto Finance (... 
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06/05/14CarMax Announces Conference Call and Webcast Information for Upcoming Events
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 5, 2014-- CarMax, Inc. (NYSE:KMX) announced today the webcast and conference call access information for upcoming events. June 20, 2014 – First Quarter Fiscal Year 2015 Earnings Conference Call On June 20, CarMax will release sales and earnings for the first quarter ended May 31, 2014, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows: ... 
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06/05/14Nissan Altima Most Popular Vehicle Among CarMax Shoppers
Toyota Camry and Chevrolet Malibu Rank High in All Age Groups, First CarMax Used Car Shopping Report Reveals RICHMOND, Va.--(BUSINESS WIRE)--Jun. 5, 2014-- To kick off the summer car buying season, CarMax today published its inaugural CarMax Used Car Shopping Report. According to data from more than 130 locations across the country, the Nissan Altima is by far the most frequently test-driven and purchased make and model at the nation’s largest... 
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04/04/14CarMax Reports Fourth Quarter and Fiscal Year Results
Increases Share Repurchase Authorization by $1 Billion RICHMOND, Va.--(BUSINESS WIRE)--Apr. 4, 2014-- CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2014. Net sales and operating revenues increased 9% to $3.08 billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 15% to $12.57 billion. Used unit sale... 
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03/18/14Survey Reveals Top Uses for Tax Refunds This Year
New CarMax Survey Finds One in Six of Those Expecting a Tax Refund Are Likely to Put it Toward Buying a Car RICHMOND, Va.--(BUSINESS WIRE)--Mar. 18, 2014-- According to a new survey and infographic released by CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, one in four American adults say they plan to save (26 percent) or pay back debt (25 percent) with their tax refund this year. Among those expecting a refund, on... 
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03/13/14CarMax Announces Conference Call and Webcast Information for Upcoming Events
RICHMOND, Va.--(BUSINESS WIRE)--Mar. 13, 2014-- CarMax, Inc. (NYSE:KMX) announced today the webcast and conference call access information for upcoming events. April 4, 2014 – Fourth Quarter Fiscal Year 2014 Earnings Conference Call On April 4, CarMax will release sales and earnings for the fourth quarter ended February 28, 2014, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows... 
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02/26/14CarMax Hiring for More Than 1,200 Positions
Career opportunities in sales and other departments across the United States RICHMOND, Va.--(BUSINESS WIRE)--Feb. 26, 2014-- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars and one of FORTUNE magazine’s “100 Best Companies to Work For” for a decade, is recruiting for more than 1,200 positions in locations across the country. The company is growing and offers a variety of career opportunities. The majority of open positions... 
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02/24/14CarMax Named to Training magazine’s Top 125
Company Makes List Of Best Employee Training Programs For Seventh Consecutive Year RICHMOND, Va.--(BUSINESS WIRE)--Feb. 24, 2014-- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named to Training magazine’s Training Top 125 for the seventh straight year. CarMax ranks No. 60 for 2014. Training Top 125 recognizes organizations for providing extraordinary employer-sponsored workforce training and development progra... 
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01/16/14CarMax Celebrates a Decade as One of FORTUNE Magazine’s "100 Best Companies to Work For"
Company Hiring to Fill More Than 1,400 Positions As Store Growth Continues RICHMOND, Va.--(BUSINESS WIRE)--Jan. 16, 2014-- For 10 years in a row, CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its “100 Best Companies to Work For.” CarMax ranks No. 54 for 2014. The growing company is hiring for more than 1,400 positions across the country in all business areas in... 
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KMX (Common Stock)
ExchangeNYSE (US Dollar)
Price$52.73
Change (%) Stock is Up 4.40 (9.10%)
Volume6,202,900
Data as of 10/23/14 4:00 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