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19.03.26 - 22:06
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CarMax Announces Fourth Quarter Conference Call (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results.
Participants on the call will include Tom Folliard, Interim Executive Chair of the Board, Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels, Executive Vice President, CarMax Auto Finance. The live conference call can be accessed by dialing (800) 225-9448 (or (203) 518-9708 for international access) and entering the conference ID 3171396. A live audio webcast also will be available at investors.carmax.com.
A replay of the webcast will be available on the company's website at investors.carmax.com through June 16, 2026 or via telephone (for approximately one week) by dialing (800) 839-1337 (or (402) 220-0489 for international access).
About CarMax
CarMax, the nation's largest retailer of used ...
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14.03.26 - 02:18
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CarMax Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of CarMax, Inc. - KMX (PR Newswire)
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NEW YORK and NEW ORLEANS, March 13, 2026 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into CarMax, Inc. (NYSE: KMX) ("CarMax" or the......
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11.03.26 - 19:48
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Starboard CEO Smith Discusses CarMax Stake, Board Seats (Bloomberg)
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Jeff Smith, CEO of Starboard Value, joins Dani Burger on "Bloomberg Deals" to discuss Starboard's $350M stake in Carmax. Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer's turnaround under incoming Chief Executive Officer Keith Barr. The activist investor has nominated its own CEO, Jeff Smith, to the CarMax board. (Source: Bloomberg)...
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11.03.26 - 15:36
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CarMax Issues Statement on Engagement With Starboard Value (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the “Board”) received a notice from Starboard Value LP (“Starboard”), nominating two directors for election to the Company's Board at the 2026 Annual Meeting of Shareholders and issued the following statement.
“CarMax has been taking the necessary steps to ensure that this business delivers on its potential and is responsive to shareholders,” said Tom Folliard, Executive Chair of the Board. “Our engagement with Starboard to date has been productive and we remain focused on continued constructive conversations. We are pleased that Starboard agrees with our Board that Keith is the right leader to deliver on the potential of this business.”
The CarMax Board has taken a series of steps to improve the performance of the business, including accelerating its succession planning in early November by installing interim leadership of David McCreight ...
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11.03.26 - 13:03
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Starboard Delivers Letter to CarMax (Business Wire)
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Views Appointment of New CEO Keith Barr as Timely Opportunity to Address Fixable Execution Gaps and Unlock CarMax's Full Value Potential
Has Nominated Directors to Help Support the Next Phase of Execution and Accelerate Shareholder Value Creation
Believes CarMax's Structurally Superior Omnichannel Model Is Not Reflected in Current Performance
Sees Clear Opportunities to Drive Improvement Through Enhanced Digital Execution, Reconditioning Efficiencies and Dynamic Pricing
Urges a Substantially Expanded SG&A Reduction Program to Restore Cost Discipline and Enhance Long-Term Earnings PowerNEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of CarMax Inc. (“CarMax” or the “Company”) (NYSE: KMX), today announced that it has delivered a letter to Keith Barr, the Company's incoming Chief Executive Officer, with a copy to the Company's Board of Directors (the “Board”). The full text of Starboard's letter to the Company can be vie...
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