Business Context and Reporting Period
Company: CARMAX, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: March 30, 2004
Reporting Period: Fourth Quarter and Fiscal Year 2004
This filing announces the release of financial results for the fourth quarter and full fiscal year 2004, along with expectations for fiscal year 2005. The detailed financial data is contained in a press release attached as Exhibit 99.1 and incorporated by reference.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being contained within the attached press release (Exhibit 99.1) but are not explicitly listed in the body of this 8-K document.
Material Changes
The press release title indicates that CarMax reported "Record Fourth Quarter and Fiscal Year 2004 Results." Specific quantitative comparisons to prior periods are not detailed in this filing text.
Guidance, Outlook, and Management Commentary
- Outlook: The company released expectations for Fiscal Year 2005.
- Management Commentary: The results were characterized as "Record" for both the quarter and the full year.
- Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Important Facts for Investor Verification
- Verify the specific revenue and earnings figures in the attached press release (Exhibit 99.1) to confirm the "Record" performance claims.
- Review the Fiscal Year 2005 expectations released on March 30, 2004, for forward-looking guidance.
- Note that the information in this 8-K is furnished pursuant to Item 12 and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.