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Ron Baron Comments on CarMax Inc.

April 24, 2013 | About:

Leading used car retailer CarMax, Inc. (KMX) has invested over $100 million to develop proprietary IT systems that enable the company to turn its vehicle inventories faster; locate new stores more advantageously; and leverage its rapidly growing wholesale business.

From Ron Baron’s Baron Funds first quarter 2013 investor letter.


Rating: 5.0/5 (1 vote)

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GuruFocus has detected 6 Warning Signs with CarMax Inc $KMX.
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