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CarMax (KMX) investor relations material
CarMax AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting called to order with a reminder about forward-looking statements and associated risks and uncertainties.
Rules of conduct and procedures were outlined, and the Inspector of Election was introduced.
Notice of the meeting and proxy materials were distributed to shareholders of record.
Board and executive committee updates
Recognition given to two outgoing directors for their years of service.
Introduction of three new director nominees and listing of all nominees for the coming year.
Shareholder proposals
Four items of business presented: election of directors, ratification of KPMG as auditors, advisory vote on executive compensation, and approval of amendments to the stock incentive plan.
Details of the executive compensation program and stock incentive plan amendments referenced as available in the proxy statement.
- Net sales up 6.2% to $8.01B, but net earnings fell 11.8% amid margin pressure.KMX
Q1 202724 Jun 2026 - Leadership transition, board refreshment, and ESG progress highlight this year's proxy.KMX
Proxy filing12 May 2026 - Key votes include director elections, auditor ratification, and executive pay approval.KMX
Proxy filing12 May 2026 - Q4 FY26 net loss of $120.7M on lower sales and goodwill impairment; digital sales strong.KMX
Q4 202614 Apr 2026 - Customer-centric growth and digital transformation are central to upcoming shareholder decisions.KMX
Proxy Filing17 Mar 2026 - Starboard Value's board nominations drive engagement as new CEO Keith Barr takes the helm.KMX
Proxy Filing11 Mar 2026 - All board nominees and proposals were approved, with governance questions addressed.KMX
AGM 20243 Feb 2026 - Revenue and earnings declined, but finance income and digital initiatives support growth.KMX
Q1 20253 Feb 2026 - Net earnings rose 11.9% to $132.8M as retail sales grew, despite higher loan loss provisions.KMX
Q2 202520 Jan 2026
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