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CARMAX, INC (KMX)

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Business Summary
Logo CarMax, Inc
Operates as a holding company

CarMax, Inc. is as a holding company which, through its subsidiaries, operates as a retailer of used vehicles and wholesale vehicle auction operator.

The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance.

The CarMax Sales Operations segment consists of all aspects of the auto merchandising and service operations, excluding financing provided by CarMax Auto Finance.

The CarMax Auto Finance segment provides vehicle financing through CarMax superstores.

It also offers financing solely to customers purchasing vehicles at CarMax, and offers qualifying customers an array of competitive rates and terms, allowing them to choose the one that best fits their needs.

The company was founded by Richard L. Sharp and William Austin Ligon in September 1993 and is headquartered in Richmond, VA.

Number of employees : 20 171 persons.
Sales per Businesses
201220132014
USD (in Million)%USD (in Million)%USD (in Million)%
CarMax Sales Operations10,004100%10,963100%12,574100%
Sales per Regions
201220132014
USD (in Million)%USD (in Million)%USD (in Million)%
United States10,004100%10,963100%12,574100%
Managers
NameAgeSinceTitle
Thomas Folliard491993President, Chief Executive Officer & Director
William Tiefel802002Chairman
Thomas W. Reedy Jr., MBA492003Chief Financial Officer & Executive Vice President
Dave Banks--Vice President-Information Technology
Shamim Mohammad452012Chief Information Officer & Senior Vice President
W. Robert Grafton, CPA732003Independent Director
Jeffrey E. Garten, PhD672002Independent Director
Tom G. Stemberg, MBA652003Independent Director
Edgar H. Grubb MBA, CPA742007Independent Director
Ronald E. Blaylock, MBA542007Independent Director
Shareholders
NameShares%
T. Rowe Price Associates, Inc. 34,405,870 16.0%
The Vanguard Group, Inc. 15,729,320 7.30%
PRIMECAP Management Co. 13,319,146 6.18%
Davis Selected Advisers LP 11,268,011 5.23%
Wells Capital Management, Inc. 9,635,792 4.47%
SSgA Funds Management, Inc. 8,924,058 4.14%
BlackRock Fund Advisors 8,385,442 3.89%
Dodge & Cox 7,612,110 3.53%
Baillie Gifford & Co. 6,813,010 3.16%
Harris Associates LP 6,389,753 2.97%
Sector
Consumer Cyclicals
Retailers
 Other Specialty Retailers
  Auto Vehicles, Parts & Service Retailers
   New Car Dealers
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Sector Auto Vehicles, Parts & Service Retailers
Growth (Revenue) Profitability
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Company contact information
CarMax, Inc.
12800 Tuckahoe Creek Parkway
Richmond, VA 23238

Phone : +1.804.747.0422
Web : www.carmax.com
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