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home / news releases / KMX - CarMax Inc. (KMX) Q1 2025 Earnings Call Transcript


KMX - CarMax Inc. (KMX) Q1 2025 Earnings Call Transcript

2024-06-21 11:57:08 ET

CarMax, Inc. (KMX)

Q1 2025 Earnings Conference Call

June 21, 2024 09:00 AM ET

Company Participants

David Lowenstein - VP, IR

Bill Nash - President and CEO

Enrique Mayor-Mora - EVP and CFO

Jon Daniels - SVP, CarMax Auto Finance Operations

Conference Call Participants

John Healy - Northcoast Research

Seth Basham - Wedbush Securities

David Bellinger - Mizuho

Brian Nagel - Oppenheimer

Sharon Zackfia - William Blair

Rajat Gupta - JP Morgan

Craig Kennison - Baird

Chris Bottiglieri - BNP Paribas

Scot Ciccarelli - Truist Securities

Chris Pierce - Needham

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Q1 Quarter Fiscal Year 2025, CarMax Earnings Release Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. Please be advised that today's conference is being recorded and I would now like to hand the conference over to your speaker today, David Lowenstein, VP, Investor Relations. Please go ahead.

David Lowenstein

Thank you, Savannah. Good morning, everyone. Thank you for joining our Fiscal 2025 First Quarter Earnings Conference Call. I'm here today with Bill Nash, our President and CEO; Enrique Mayor-Mora, our Executive Vice President and CFO; and Jon Daniels, our Senior Vice President, CarMax Auto Finance operations.

Let me remind you, our statements today that are not statements of historical fact, including statements 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 our current knowledge, expectations, and assumptions and are subject to substantial risks and uncertainties that could cause actual results to differ materially from our expectations.

In providing projections and other forward-looking statements, we disclaim any intent or obligation to update them. For additional information on important factors that could affect these expectations, please see our Form 8-K filed with the SEC this morning and our Annual Report on Form 10-K for the fiscal year ended February 29, 2024, previously filed with the SEC. Should you have any follow-up questions after the call, please feel free to contact our Investor Relations Department at 804-747-0422, extension 7865.

Lastly, let me thank you in advance for asking only one question and getting back in the queue for more follow-ups. Bill?...

For further details see:

CarMax, Inc. (KMX) Q1 2025 Earnings Call Transcript
Stock Information

Company Name: CarMax Inc
Stock Symbol: KMX
Market: NYSE
Website: carmax.com

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