Financial results from CarMax

CarMax (NYSE: KMX) today released a report with financial results for Q4 and FY2022.

Regarding CarMax shares, it is worth noting that the company's stock has gained 0.03% in the last five days. Also, the company had a maximum value per share of $105.48 and a minimum value of $94.87 in the last five days.

The 52-week high for the company is USD 155.98 and the 52-week low for the company is USD 94.35.

CarMax currently has a market capitalisation of USD 15.54 billion.

Report from vehicle retailer

The company said in its report that its net sales rose 48.8 per cent to US$7.7 billion.

It also sold 343,413 units through the company's combined retail and wholesale channels. This was 11.3 per cent higher than the previous year, the company said in its report.

Some 324,000 vehicles were bought from consumers, an increase of 69.0% over the previous quarter.

Gross profit per retail unit used was $2,195.

The company reported net income of $159.8 million for Q4, and $1.2 billion for the fiscal year.

CarMax was founded in 1993 and is headquartered in Richmond, Virginia.

Executive Management of the company:

Bill Nash - President and CEO;
Jim Lyski - EVP and CMO;
Shamim Mohammad - EVP and Information and Technology Officer;
Diane Cafritz - SVP, General Counsel, CMO and Chief Human Resources Officer;
Jon Daniels - SVP at CarMax Auto Finance;
Enrique Mayor-Mora - SVP, Store Operations;
Joe Wilson - SVP, Strategy and Logistics.

You can read the full report of the company here.