CarMax : Releases 2025 Responsibility Report

Published: 2025-05-14 10:09:09 ET KMX

Published on 05/14/2025 at 10:09

Report Details Company's Ongoing Commitment to Supporting Associates, Communities, and the Environment

RICHMOND, Virginia (May 14, 2025) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, announced the release of its 2025 Responsibility Report, underscoring the company's efforts to drive positive social impact while creating sustainable value for all its stakeholders. The report outlines CarMax's continued commitment to and initiatives around empowering associates, reducing its environmental impact, building stronger communities, and ensuring good governance. Among other initiatives, the report highlights CarMax's focus on associate well-being and feedback, progress toward greenhouse gas emissions reduction goals, leadership in the used electric vehicle (EV) space, community engagement initiatives, and governance around AI.

"For over 30 years, CarMax has thrived by staying true to our core values, and we are advancing our social and sustainability impact by upholding these values, nurturing our culture, and leading with action," said Bill Nash, CarMax president and chief executive officer. "Thank you to our dedicated associates for your unwavering commitment and contributions. As we look forward to the future, we remain committed to enhancing associate and consumer experiences, minimizing our environmental footprint, fostering community engagement, and ensuring our success is built on a foundation of integrity."

A few key initiatives further detailed in the report include:

Download the 2025 Responsibility Report here.

For more information, visit www.carmax.com

About CarMax

CarMax, the nation's largest retailer of used autos, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. During the fiscal year that ended February 28, 2025, CarMax sold approximately 790,000 used vehicles and 540,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated more than $8 billion in receivables during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, and is proud to have been recognized for 21 consecutive years as one of the Fortune 100 Best Companies to Work For®. CarMax is committed to helping its communities thrive and reducing the environmental footprint of its operations. Learn more in the 2025 Responsibility Report. For more information, visit www.carmax.com.

Public Relations CarMax (855) 887-2915 [email protected]

Disclaimer

CarMax Inc. published this content on May 13, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2025 at 14:08 UTC.