Company: KMX
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001170010-25-000024
Chunk: 64

Company: CARMAX INC
Filing Date: 2025-04-11
Form: 10-K
Item: Item 7
Chunk 64
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 %133.3 Other96.8 (8.8)%106.2 8.1 %98.2 Total other sales and revenues686.3 7.6 %638.0 (3.5)%660.8 Total net sales and operating revenues$26,353.4 (0.7)%$26,536.0 (10.6)%$29,684.9 

(1)    Excludes intercompany sales and operating revenues that have been eliminated in consolidation.

UNIT SALES Years Ended February 28 or 29 2025Change2024Change2023Used vehicles789,050 3.1 %765,572 (5.2)%807,823 Wholesale vehicles544,312 (0.4)%546,331 (6.6)%585,071 

31

AVERAGE SELLING PRICES Years Ended February 28 or 29 2025Change2024Change2023Used vehicles$26,273 (2.8)%$27,028 (4.3)%$28,251 Wholesale vehicles$8,019 (7.9)%$8,707 (11.8)%$9,872 

COMPARABLE STORE USED VEHICLE SALES CHANGES Years Ended February 28 or 29 (1) 202520242023Used vehicle units2.2 %(6.7)%(14.3)%Used vehicle revenues(0.4)%(10.6)%(7.6)%

(1)    Stores are added to the comparable store base beginning in their fourteenth full month of operation.  We do not remove renovated stores from our comparable store base.  Comparable store calculations include results for a set of stores that were included in our comparable store base in both the current and corresponding prior year periods.

VEHICLE SALES CHANGES Years Ended February 28 or 29 202520242023Used vehicle units3.1 %(5.2)%(12.6)%Used vehicle revenues0.8 %(9.2)%(5.7)%Wholesale vehicle units(0.4)%(6.6)%(17.2)%Wholesale vehicle revenues(7.8)%(16.9)%(11.4)%

USED VEHICLE FINANCING PENETRATION BY CHANNEL (BEFORE THE IMPACT