CarMax Announces Record 2nd Quarter Earnings
Good afternoon:
We want to be sure you saw today's record quarterly earnings announced
today by CarMax.
"While cash for clunkers certainly had a positive effect on traffic and
sales, this was only one of many elements that drove our success this
quarter.? - Tom Folliard, President and CEO, CarMax
Additional factors that contributed to CarMax's successful quarter
include:
improved sales execution
managing inventory better
reducing waste
Read the full earnings release at
http://phx.corporate-ir.net/phoenix.zhtml?c=125417&p=irol-newsArticle&ID=1334160&highlight=
Questions? Call Elia Imler at 804-747-0422, ext. 4029 or Chris Wilmore at
804-747-0422, ext. 4773
Best,
Chris Wilmore
Assistant Public Relations Manager, New Media
CarMax, Inc.
804-747-0422, ext. 4773 - work
804-517-6219 - mobile
804-935-4516 - fax
Chris_Wilmore@carmax.com
CarMax is a FORTUNE "100 Best Company to Work For" for five years in a
row!