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CARmax® NEWS RELEASE CarMax Discusses Strategy to Drive Revenue Growth and Accelerate Market Share Gains at Its 2021 Analyst Day Event 5/6/2021 • Showcases digital transformation that supports the most customer - centric omni - channel experience in the used auto market . Highlights opportunities to leverage leadership position as CarMax expands its role and reach within the used auto ecosystem • Introduces new long - term targets including a roughly 75 % increase in revenues over the next 5 years Expects to sell 2 million cars per year , including retail and wholesale combined , by fiscal 2026 RICHMOND , Va .-- ( BUSINESS WIRE ) -- CarMax , Inc. ( NYSE : KMX ) , the nation's largest and most profitable retailer of used autos , is hosting a virtual Analyst Day today . This event focuses on CarMax's digital transformation , advancement of its omni - channel strategy and the growth trajectory ahead . " We are excited about our long - term growth opportunities and the excellent position we are in today , " said Bill Nash , CarMax's president and chief executive officer . " Over the past several years , we have completely transformed our company into a digitally enabled , omni - channel retailer while maintaining our leadership as the top seller and buyer of used autos to and from consumers . We are leveraging our proprietary tech stack , data advantage , nationwide footprint , and culture of operational excellence to deliver a best - in - class experience regardless of how customers want to transact . With our core strengths across used auto retail , wholesale and finance as a foundation , we are also expanding our reach into the broader used auto ecosystem . We have set ambitious long - term growth targets and are confident in our ability to accelerate market share gains . We are excited about the opportunities ahead of us as we continue to create sustainable value for all of our stakeholders . " 1