Short answer
Carmax Inc (KMX) filed its Q2 2019 10-Q quarterly report on Jul 3, 2019 for the quarter ended May 31, 2019.
Carmax Inc Q2 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $5,366.3M, up 12.0% YoY from $4,792.6M
- Net earnings $266.7M, up 11.8%; effective tax rate 24.1% vs 25.3%
- Best segment: Sales Operations gross profit $742.4M, up 12.3%; CAF income $116.0M, up 0.3%
- Operating cash flow $43.2M vs $230.8M; adjusted operating cash flow $401.4M
- Share repurchases $212.0M; capital expenditures $79.0M, fiscal 2020 capital spending estimate $350M
- Near-term headwinds: CAF interest margin 5.6% vs 5.7%, higher loan-loss provision $38.2M vs $30.9M, strategic initiative costs ahead of 5% to 8% comparable sales growth needed for SG&A leverage
Risk Factors
- No material changes to fiscal 2019 Form 10-K risk factors
- CarMax’s carried-forward risks could materially harm business, financial condition, and results of operations
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
- 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
- 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.