CarMax Exec Says Expect Timing, Marketing And Technology Spend To Impact Back Half Of FY24
Portfolio Pulse from Benzinga Newsdesk
During a conference call, a CarMax executive stated that timing, marketing, and technology spending will impact the second half of fiscal year 2024.
September 28, 2023 | 1:17 pm
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NEUTRAL IMPACT
CarMax's spending on timing, marketing, and technology is expected to impact the company's performance in the second half of FY24.
The executive's statement indicates that CarMax's financial performance in the second half of FY24 will be influenced by its spending on timing, marketing, and technology. This could potentially affect the company's earnings and stock price, although the direction of the impact is not clear from the statement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100