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car max 2006AnnualReport
This annual report summarizes CarMax's fiscal year 2006 performance. Some key points: - Sales increased 19% to $6.26 billion and net earnings increased 31% to $148.1 million, driven by optimizing appraisals in a rising market, summer sales incentives, and strong auto finance earnings. - CarMax added 9 new used car superstores, growing its store base by 16% in line with 15-20% annual growth plans, balancing large and small market openings. - Operational goals focus on continuous quality improvement, associate development, maintaining a strong company culture, and enhancing the carmax.com online experience. - Community involvement through the CarMax Foundation granted $
