CarMax Inc (KMX) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.073 Please stand by, your program is about to begin. 00:00:07.798 -- 00:00:11.021 Ladies and gentlemen, thank you for standing by. 00:00:11.021 -- 00:00:16.025 Welcome to the first quarter fiscal year 2026 CARMAC's earnings release conference 00:00:16.025 -- 00:00:21.350 call. At this time, all participants are in a listen only mode. 00:00:21.350 -- 00:00:26.274 After the speaker's presentation, there will be a question and answer session. 00:00:26.274 -- 00:00:30.237 Please be advised that today's conference is being recorded. 00:00:30.237 -- 00:00:34.841 I would now like to hand the conference over to your speaker today, David Lowenstein, 00:00:34.841 -- 00:00:38.985 Vice President, Investor Relations. Please go ahead. 00:00:38.985 -- 00:00:44.911 Thank you, Nikki. Good morning, everyone, and thank you for joining our fiscal 2026 00:00:44.911 -- 00:00:50.156 first quarter earnings conference call. I'm here today with Bill Nash, our President 00:00:50.156 -- 00:00:55.901 and CEO, Enrique Mayor Moore, our Executive Vice President and CFO, 00:00:55.901 -- 00:01:00.443 and John Daniels, our Executive Vice President, CarMax Auto Finance. 00:01:00.443 -- 00:01:06.011 Let me remind you, our statements today that are not statements of historical fact, including 00:01:06.011 -- 00:01:11.298 but not limited to statements regarding the company's future business plans, prospects, 00:01:11.298 -- 00:01:16.606 and financial performance, are forward-looking statements we make pursuant to the safe 00:01:16.606 -- 00:01:21.212 harbor provisions of the Private Securities Litigation Reform Act of 1995. 00:01:21.212 -- 00:01:22.654 These 00:01:22.654 -- 00:01:27.342 statements are based on our current knowledge, expectations, and assumptions. 00:01:27.3...