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Stock impact report

Starboard Delivers Letter to CarMax

CarMax Inc (KMX) 
Last carmax inc earnings: 4/2 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.carmax.com/home/default.aspx
Company Research Source: Business Wire
Views Appointment of New CEO Keith Barr as Timely Opportunity to Address Fixable Execution Gaps and Unlock CarMax’s Full Value PotentialHas Nominated Directors to Help Support the Next Phase of Execution and Accelerate Shareholder Value CreationBelieves CarMax’s Structurally Superior Omnichannel Model Is Not Reflected in Current PerformanceSees Clear Opportunities to Drive Improvement Through Enhanced Digital Execution, Reconditioning Efficiencies and Dynamic PricingUrges a Substantially Expanded SG&A Reduction Program to Restore Cost Discipline and Enhance Long-Term Earnings Power NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of CarMax Inc. (“CarMax” or the “Company”) (NYSE: KMX), today announced that it has delivered a letter to Keith Barr, the Company’s incoming Chief Executive Officer, with a copy to the Company’s Board of Directors (the “Board”). The full text of Starboard's letter to the Company can be vie Show less Read more
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