10-Q quarterly report · filed Jul 5, 2018

Carmax Inc (KMX) Q2 2018 10-Q Quarterly Report

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Carmax Inc (KMX) filed its Q2 2018 10-Q quarterly report on Jul 5, 2018 for the quarter ended May 31, 2018.

Carmax Inc Q2 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $4.79B, up 5.5% YoY from $4.54B; net earnings up 12.7%
  • CAF income $115.6M, up 5.7%; total interest margin 5.7% vs 5.8% YoY
  • Best segment: wholesale revenue $617.7M, up 11.6%; worst: other gross profit $107.2M, down 4.6%
  • Operating cash flow $230.8M vs $191.5M; $211.1M share repurchases and $79.7M capital expenditures
  • Outlook: fiscal 2019 capital expenditures approximately $340M; headwinds from lower wholesale prices, interest-rate pressure and comparable-store unit sales down 2.3%

Risk Factors

  • No material changes to fiscal 2018 Form 10-K risk factors
  • Carried-forward risks could materially adversely affect business, financial condition, and results of operations

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

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