CARMAX, INC. (NYSE:KMX) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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CARMAX, INC. (NYSE:KMX) Files An 8-K Results of Operations and Financial Condition
Item 2.02.

Results of Operations and Financial Condition.
The registrant issued a press release on April 6, 2017, announcing its fourth quarter and fiscal year results. The press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference into this Item 2.02.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is being furnished to Item 2.02 above.
99.1
Press release, dated April 6, 2017, issued by CarMax, Inc., entitled “CarMax Reports Fourth Quarter and Fiscal Year Results.”

About CARMAX, INC. (NYSE:KMX)

CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The Company’s CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The Company operates approximately 160 used car stores in over 70 metropolitan markets. The Company’s products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit. The Company’s 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. CAF operates in the auto finance sector of the consumer finance market.

CARMAX, INC. (NYSE:KMX) Recent Trading Information

CARMAX, INC. (NYSE:KMX) closed its last trading session up +0.84 at 56.66 with 7,993,264 shares trading hands.