CarMax 2002 Annual Report Download - page 16

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Please find page 16 of the 2002 CarMax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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A YEAR OF EXCEPTIONAL
The exceptional sales and earnings growth delivered by CarMax Associates in
fiscal 2002 illustrated that:
●CarMax’s core business – retailing late-model, high-quality used cars –
provides the opportunity for excellent growth.
●The CarMax consumer offer continues to grow in popularity with car shoppers.
●Unique operating processes and information systems allow CarMax to effec-
tively deliver its consumer offer.
●The CarMax business model produces sales and earnings growth in weak as
well as strong economic environments.
We believe CarMax’s unmatched consumer offer, its proprietary processes and
systems and the skilled CarMax Associates, combined with the geographic growth
we have initiated, can continue to deliver excellent returns for shareholders.
GROWTH
CARMAX