Our final pillar is run lean. We will reimagine our cost structure to enable a great offering. Initiatives already in flight include reducing reconditioning costs through technology and operational efficiency while continuing to deliver the high-quality vehicles customers expect from CarMax. We are also working to enhance our logistics network and are continuing to reduce our SG&A.

Jun 17, 2026 / receipt, needs a key / Keith Barr, CEO | earnings call 2026-06-17 | transcript a6e9d2ca-04fe-44ba-8acc-e8e169c3ab39 | chars 6514-6898 | segment 6

In fiscal 2027, we expect to leverage SG&A per total unit when excluding the restructuring charges incurred in fiscal 2026.

filing / Jun 24, 2026 / receipt

Our leases primarily consist of operating and finance leases related to retail stores, office space, land and equipment.

filing / Jun 24, 2026 / receipt

The cost is calculated based on the average variable costs of operating the plane, which include fuel, maintenance, travel expenses for the flight crews and other miscellaneous expenses.

filing / May 12, 2026 / receipt

Shinder held various executive roles during her 17 years with American Express, including Head of Marketing and General Manager of divisions, including OPEN Small Business and Global Business Travel.

filing / May 12, 2026 / receipt

Before that he served as Corporate Executive Vice President and Chief Financial Officer of McDonald’s from 2008 to 2014, when he was promoted to Corporate Senior Executive Vice President and Chief Financial Officer, a position he held until 2015.

filing / May 12, 2026 / receipt

Net earnings per diluted share for fiscal 2026 included a negative impact of $0.96 related to impairment charges and $0.27 related to restructuring charges.

filing / May 12, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt