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April 5 CarMax (KMX -2.8%) trades lower after it beat earnings estimates with its Q4 report by a penny, but adjusted 2011 and 2012 statements by two cents to account for sale-leasebacks. In order to stay on its long-term growth trajectory, the firm plans to open 10 stores in FY13 and between 10-15 stores per year in FY14-FY16.
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at CNBC.com (Fri, 4:37PM)
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at MarketWatch.com (May 9, 2012)
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at CNBC.com (Apr 5, 2012)
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at CNBC.com (Apr 4, 2012)
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at MarketWatch.com (Apr 2, 2012)
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Company Description
CarMax is the nation’s largest retailer of used vehicles. We pioneered the used car superstore concept, opening our first store in 1993. Our strategy is to better serve the auto retailing market by addressing the major sources of customer dissatisfaction with traditional auto retailers and to... More
