Short answer
Carmax Inc (KMX) filed its Q4 2017 10-Q quarterly report on Jan 4, 2018 for the quarter ended Nov 30, 2017.
Carmax Inc Q4 2017 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $4,107.0M, up 11.0% YoY from $3,701.5M
- Net earnings up 8.9% YoY, effective tax rate 33.9% vs 37.8%
- Best segment CAF income $102.8M, up 15.1%; weakest product line other gross profit down 1.6% to $81.3M
- Operating cash used $193.1M through nine months, adjusted operating cash $551.5M; share repurchases $455.0M
- Outlook: fiscal 2018 capital expenditures approximately $325M; wholesale supply may pressure auction prices and CAF recovery rates
Risk Factors
- Tax Cuts and Jobs Act enacted December 2017, creating a newly added tax-estimation risk
- Deferred tax asset revaluation, one-time unfavorable impact partially offset by fiscal 2018 rate reduction
- Effective tax rate, final impact could differ materially from current estimates based on fourth-quarter results
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
- 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
- Q2 2016 10-QFiled Jul 7, 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.