Carmax Inc Annual Shareholders Meeting Transcript

Jun 23, 2020 / 05:00PM GMT
Operator

Good day and welcome to the CarMax, Inc. 2020 Annual Meeting of Shareholders.

I would now like to turn the conference over to Eric Margolin, Executive Vice President, General Counsel and Corporate Secretary. Please go ahead.

Eric M. Margolin - CarMax, Inc. - Executive VP, General Counsel & Corporate Secretary

Thank you. Good afternoon, and thank you for joining us today. It's my pleasure to welcome you to CarMax' 2020 Annual Meeting of Shareholders. This year, for the first time, we are holding our meeting virtually. In light of the public health concerns and restrictions resulting from the coronavirus outbreak, the Board decided a virtual-only meeting would best allow us to protect the health, safety and welfare of our associates, directors and shareholders while ensuring our shareholders have an opportunity to participate in this important annual event. At the Chair's request, I now officially call the meeting to order.

Let me remind you any statement made today regarding the company's future business plans, prospects and financial

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