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CarMax Inc

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Company Profile

Business Description

CarMax sells, finances, and services used and new cars through a chain of nearly 220 retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales account for about 85% of revenue, wholesale about 12%, and the remaining portion is composed of extended service plans and repair. In fiscal 2020, the company retailed and wholesaled 832,640 and 466,177 used vehicles, respectively.

Contact
12800 Tuckahoe Creek Parkway
Richmond, VA, 23238
T +1 804 747-0422
Sector Consumer Cyclical
Industry Auto & Truck Dealerships
Most Recent Earnings Feb 29, 2020
Fiscal Year End Mar 1, 2021
Stock Type Distressed
Employees 27,050

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