10-Q quarterly report · filed Oct 8, 2015

Carmax Inc (KMX) Q3 2015 10-Q Quarterly Report

Short answer

Carmax Inc (KMX) filed its Q3 2015 10-Q quarterly report on Oct 8, 2015 for the quarter ended Aug 31, 2015.

Carmax Inc Q3 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $3,884.9M, up 7.9% YoY from $3,599.2M
  • Gross margin 13.4% vs 12.9% YoY, with gross profit $521.4M vs $463.3M
  • Best segment: wholesale gross profit $101.3M, up 18.2%; worst: new vehicle gross profit $1.1M, down 44.9%
  • Adjusted operating cash flow $597.8M, with $369.2M stock repurchases and $145.7M capital expenditures
  • Outlook: seven additional stores planned, approximately $360M fiscal 2016 capital expenditures, funding costs could rise with credit-market conditions

Risk Factors

  • No material changes to fiscal 2015 Form 10-K risk factors
  • 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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