CarMax reports Q4 adjusted EPS 34c, consensus 23c

Reports Q4 revenue $5.95B, consensus $5.71B. “We are moving with urgency to improve execution, drive efficiencies, and sharpen our customer offering,” said Keith Barr, President and Chief Executive Officer. “We will make CarMax (KMX) the obvious choice for customers through competitive pricing, access to a large selection of high-quality vehicles, and an exceptional end-to-end customer experience. Together with CarMax’s brand and culture, our national scale positions us well to regain momentum and deliver the growth and returns this business is capable of generating.”