CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. The company is headquartered in Richmond, Virginia and currently employs 30,048 full-time employees. The firm operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The 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. The CAF segment consists solely of its own finance operation that provides financing for customers buying retail vehicles from the Company. The CAF segment also services all auto loans it originates and is responsible for providing billing statements, collecting payments, maintaining contact with delinquent customers, and arranging for the repossession of vehicles securing defaulted loans. The company provides customers with a range of other related products and services, including extended protection plan (EPP) products and vehicle repair services.
Follow-Up Questions
What is Carmax Inc (KMX)'s P/E Ratio?
The P/E ratio of Carmax Inc is 12.8992
Who is the CEO of Carmax Inc?
Mr. William Nash is the President of Carmax Inc, joining the firm since 2012.
What is the price performance of KMX stock?
The current price of KMX is $40.63, it has decreased 1.7% in the last trading day.
What are the primary business themes or industries for Carmax Inc?
Carmax Inc belongs to Retail industry and the sector is Consumer Discretionary
What is Carmax Inc market cap?
Carmax Inc's current market cap is $5.9B
Is Carmax Inc a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for Carmax Inc, including 7 strong buy, 9 buy, 6 hold, 1 sell, and 7 strong sell