secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001170010-24-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax Q3 FY2025: EPS $0.81, up 56%; retail used units +5.4%
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- Net earnings per diluted share $0.81, up 55.8% from $0.52 a year ago; net earnings $125.4M.
- Total used vehicle unit sales +5.4% (184,243); comparable store used units +4.3%.
- Total gross profit $677.6M, up 10.6%; SG&A as % of gross profit improved to 85.0% from 91.4%.
- CAF income $159.9M, up 7.6% driven by net interest margin growth and average managed receivables.
- Repurchased 1.5M shares for $114.8M; $2.04B remaining under authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001024000132/0001170010-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001024000132/kmx-20241219.htm
  HTML page:      https://secwatch.observer/filing/0001170010-24-000132

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