Unit Sales
Store Openings
CarMax opened four stores during the fourth quarter of 2018. The company entered into two new television markets, namely Myrtle Beach, South Carolina and Portland, Maine and added two stores in existing television markets (Boston, Massachusetts and Denver, Colorado).
Outlook
The Richmond, VA-based company said that during the next 12 months it plans to enter nine new television markets and will be expanding its presence in six existing television markets. Of the 15 stores CarMax plans to open during the 12 months ending Feb. 28, 2019, 10 will be in Metropolitan Statistical Areas having populations of 600,000 or less (defined as small markets).
