With sale of Toyota store, CarMax exits new-car business
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CarMax (KMX) Q4 2021 Earnings Call Transcript
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FORT LAUDERDALE, Fla., Jan. 25, 2021 /PRNewswire/ Haig Partners LLC, the leading buy-sell advisory firm to auto dealers in the U.S., served as the exclusive sell-side advisor to CarMax in the sale of Laurel Toyota to Sheehy Auto Stores. Haig Partners is honored to have been the exclusive sell-side advisor to CarMax on the sale of the Laurel Toyota store. We are pleased to have the relationships and industry expertise that enabled us to navigate all aspects of this sale, as well as bring together two great organizations, commented Kevin Nill, Partner with Haig Partners. We appreciate the trust CarMax placed in us to advise them on this transaction.
Operator
Good morning. My name is Carol and I will be your conference operator today. At this time, I would like to welcome everyone to the CarMax fiscal 2021 third-quarter earnings conference call. [Operator instructions] I would now like to turn the call over to Stacy Frole, vice president, Investor Relations.
Stacy Frole
Vice President, Investor Relations
Thank you, Carol. Good morning. Thank you for joining our fiscal 2021 third-quarter earnings conference call. I m here today with Bill Nash, our president and CEO; Tom Reedy, our executive vice president of finance; Enrique Mayor-Mora, our senior vice president and CFO; and Jon Daniels, our senior vice president, CAF operations.