CarMax Inc (KMX) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.437 Stand by, your program is about to begin. If you should require operator assistance, 00:00:04.437 -- 00:00:07.379 please press star zero. 00:00:09.765 -- 00:00:12.349 Ladies and gentlemen, thank you for standing by. 00:00:12.349 -- 00:00:17.617 Welcome to the fourth quarter fiscal year 2025 CarMax earnings release 00:00:17.617 -- 00:00:22.023 conference call. At this time, all participants are in a listen-only mode. 00:00:22.023 -- 00:00:25.047 After the speaker's presentation, there will be a question and answer session. 00:00:25.047 -- 00:00:28.600 Please be advised that today's conference is being recorded. 00:00:28.600 -- 00:00:32.704 I would now like to hand the conference over to your speaker today, David Lowenstein, 00:00:32.704 -- 00:00:36.806 VP of Investor Relations. Please go ahead. 00:00:36.828 -- 00:00:41.974 Thank you, Madison. Good morning, everyone, and thank you for joining our fiscal 2025 00:00:41.974 -- 00:00:47.599 fourth quarter earnings conference call. I'm here today with Bill Nash, our president 00:00:47.599 -- 00:00:53.405 and CEO, Enrique Mayor Moore, our executive vice president and CFO, 00:00:53.405 -- 00:00:58.975 and John Daniels, our executive vice president, CarMax Auto Finance Operations. 00:00:58.975 -- 00:01:04.900 Let me remind you, our statements today that are not statements of historical fact, including 00:01:04.900 -- 00:01:10.225 but not limited to statements regarding the company's future business plans, prospects, 00:01:10.225 -- 00:01:15.149 and financial performance, are forward-looking statements we make pursuant to the safe 00:01:15.149 -- 00:01:19.292 harbor provisions of the Private Securities Litigation Reform Act of 1995. 00:01:19.292 -- 00:01:20.854 These 00:01:20.854 -- 00:01:25....