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CarMax, Inc. (KMX) Q1 2027 Earnings Call Transcript
SA Transcripts · 2026-06-18 · via All Articles on Seeking Alpha

CarMax, Inc. (KMX) Q1 2027 Earnings Call June 17, 2026 8:00 AM EDT

Company Participants

David Lowenstein - Vice President of Investor Relations
Keith Barr - CEO, President & Director
Enrique Mayor-Mora - Executive VP & CFO
Jon Daniels - Senior Vice President

Conference Call Participants

Brian Nagel - Oppenheimer & Co. Inc., Research Division
Daniela Haigian - Morgan Stanley, Research Division
Craig Kennison - Robert W. Baird & Co. Incorporated, Research Division
Rajat Gupta - JPMorgan Chase & Co, Research Division
David Bellinger - Mizuho Securities USA LLC, Research Division
Sharon Zackfia - William Blair & Company L.L.C., Research Division
Jeffrey Lick - Stephens Inc., Research Division
Alexander Perry - BofA Securities, Research Division
Scot Ciccarelli - Truist Securities, Inc., Research Division
Michael Montani - Evercore ISI Institutional Equities, Research Division
Christopher Bottiglieri - BNP Paribas, Research Division
John Babcock - Barclays Bank PLC, Research Division
Christopher Pierce - Needham & Company, LLC, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the First Quarter Fiscal Year 2027 CarMax Earnings Release Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Mr. David Lowenstein, Vice President, Investor Relations. Please go ahead, sir.

David Lowenstein
Vice President of Investor Relations

Thank you, Bo. Good morning, everyone. Thank you for joining our fiscal 2027 first quarter earnings conference call. I'm here today with Keith Barr, President and CEO; Enrique Mayor-Mora, Executive Vice President and CFO; and Jon Daniels, Executive Vice President, CarMax Auto Finance.

Let me remind you, our statements today, that are not statements of historical fact, including, but not limited to, statements regarding the company's future business plans, prospects and financial performance are forward-looking statements we make pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on our current knowledge, expectations and