Short answer
Carmax Inc (KMX) filed its Q2 2016 10-Q quarterly report on Jul 7, 2016 for the quarter ended May 31, 2016.
Carmax Inc Q2 2016 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $4.13B, up 2.8% YoY from $4.01B
- Gross margin 13.9% vs 13.5% YoY, gross profit $572.6M, up 5.3%
- Best segment: other gross profit $93.1M, up 20.9%; weakest: CAF income $100.8M, down 7.7%
- Operating cash flow $85.4M vs $117.6M; adjusted operating cash flow $392.0M vs $509.1M
- Capital deployment: $97.5M capex and $138.0M share repurchases; outlook includes 13 store openings and $450M fiscal 2017 capex
Risk Factors
- No material changes to 10-K risk factors identified in the provided section
- Credit risk: loan-loss allowance increased to $104.0 million, or 1.05% of managed receivables
- Funding risk: non-recourse notes payable reached $9.83 billion, primarily collateralized by auto loan receivables
- Interest-rate risk: securitizations and other debt financing exposed to LIBOR and benchmark-rate movements
- Consumer credit risk: past-due managed receivables increased to $281.3 million, or 2.8% of total receivables
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Carmax Inc quarterly reports
- Q3 2019 10-QFiled Oct 4, 2019
- Q2 2019 10-QFiled Jul 3, 2019
- Q4 2018 10-QFiled Jan 8, 2019
- Q3 2018 10-QFiled Oct 5, 2018
- Q2 2018 10-QFiled Jul 5, 2018
- Q4 2017 10-QFiled Jan 4, 2018
- Q3 2017 10-QFiled Oct 5, 2017
- Q2 2017 10-QFiled Jul 7, 2017
- Q4 2016 10-QFiled Jan 6, 2017
- Q3 2016 10-QFiled Oct 6, 2016
- Q4 2015 10-QFiled Jan 7, 2016
- Q3 2015 10-QFiled Oct 8, 2015
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.