secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2024-09-26T23:59:59+00:00
Accession:  0001170010-24-000128
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax Q2 EPS $0.85 (+13% YoY), retail used units +5.1%; CAF income -14.4%
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- Retail used unit sales rose 5.1% to 211,020; comparable store sales +4.3%.
- Net earnings $132.8M ($0.85 diluted EPS) vs $118.6M ($0.75) a year ago.
- CAF income fell 14.4% to $115.6M; provision for loan losses rose to $112.6M from $89.8M.
- SG&A as % of gross profit improved to 80.3% from 84.1% a year ago.
- Repurchased $106.1M (1.4M shares) in Q2; $2.15B remaining under authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001024000128/0001170010-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001024000128/kmx-20240926.htm
  HTML page:      https://secwatch.observer/filing/0001170010-24-000128

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