CarMax Inc (NYSE:KMX) to Hold Q4 2008 Earnings Conference Call April 2

CarMax Inc (NYSE:KMX) will hold a conference call on Wednesday, April 2 at 9:00 am to discuss the fourth quarter earnings for 2008.

A holding company, CarMax Inc operates through its subsidiaries as a retailer of used cars.  The company operated 77 used car superstores in 36 metropolitan markets, and held 337,021 used vehicles during the fiscal year 2007.  The same year, 208,959 wholesale vehicles were sold through its onsite auctions.

The company purchases, reconditions and sells used vehicles.  All used vehicles sold through the company are reconditioned, meeting mechanical, electrical, safety and cosmetic standards and must pass an inspection before it is offered for sale.  85% of the used vehicles sold by CarMax are between 1 and 6 years old and under 60,000 miles.  Each superstore also offers a selection of vehicles older than 6 years old and with over 60,000 miles.

View the Event page for the CarMax Conference Call on Finditt Events.