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CarMax, Inc. (KMX) CEO William Nash on Q4 2021 Results - Earnings Call Transcript

Apr. 01, 2021 1:13 PM ETCarMax, Inc. (KMX)
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CarMax, Inc. (NYSE:KMX) Q4 2021 Earnings Conference Call April 1, 2021 9:00 AM ET

Company Participants

Stacy Frole - VP, IR

William Nash - President, CEO & Director

Enrique Mayor-Mora - SVP & CFO

Jon Daniels - SVP, CarMax Auto Finance

Conference Call Participants

Sharon Zackfia - William Blair & Company

Craig Kennison - Robert W. Baird & Co.

John Murphy - Bank of America Merrill Lynch

Seth Basham - Wedbush Securities

Brian Nagel - Oppenheimer

Robert Ciccarelli - RBC Capital Markets

Michael Montani - Evercore ISI

Rajat Gupta - JPMorgan Chase & Co.

Nels Nelson - Stephens Inc.

Chris Bottiglieri - Exane BNP Paribas


Good morning. My name is Carol, and I will be your conference operator today. At this time, I would like to welcome everyone to the CarMax Fiscal 2021 Fourth Quarter and Year-End Earnings Conference Call. [Operator Instructions].

I would now like to turn the call over to Stacy Frole, Vice President, Investor Relations.

Stacy Frole

Good morning. Thank you for joining our fiscal 2021 fourth quarter and year-end earnings conference call. I'm here today with Bill Nash, our President and CEO; Enrique Mayor-Mora, our Senior Vice President and CFO; and Jon Daniels, our Senior Vice President, CAF Operations.

Let me remind you, our statements today regarding the company's future business plans, prospects and financial performance are forward-looking statements we make pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current knowledge and assumptions about future events that involve risks and uncertainties that could cause actual results to differ materially from our expectations. In providing projections and other forward-looking statements, the company disclaims any intent or obligation to update them.

For additional information on important factors that could affect these expectations, please see the

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