10-Q quarterly report · filed Oct 8, 2014

Carmax Inc (KMX) Q3 2014 10-Q Quarterly Report

Short answer

Carmax Inc (KMX) filed its Q3 2014 10-Q quarterly report on Oct 8, 2014 for the quarter ended Aug 31, 2014.

Carmax Inc Q3 2014 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $3.60B, up 10.9% YoY from $3.25B
  • Net earnings $154.5M, up 10.2% YoY from $140.3M
  • Total gross margin 12.9% vs 13.4% YoY, CAF income margin 4.8% vs 5.2%
  • Best segment: used vehicles, revenue $2.92B, up 10.6%; wholesale revenue $530.3M, up 11.7%
  • Cash $354.6M vs $627.9M, operating cash used $436.6M, stock repurchases $373.4M; planned 13 fiscal 2015 store openings

Risk Factors

  • No material changes to fiscal 2014 Form 10-K risk factors disclosed
  • CarMax business, financial condition, and results of operations remain exposed to carried-forward risks

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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