Carmax, Inc. (KMX) Tops Q1 EPS by 9c; Used Comps Up 3.4%
Carmax, Inc. (NYSE: KMX) reported Q1 EPS of $0.76, $0.09 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.6 billion.
Unit Sales | ||||||
| Three Months Ended May 31 | ||||||
| 2014 | 2013 | % Change | ||||
| Used vehicles | 150,528 | 137,154 | 9.8% | |||
| New vehicles | 2,597 | 1,949 | 33.2% | |||
| Wholesale vehicles | 97,098 | 88,356 | 9.9% | |||
Comparable Store Used Vehicle Sales Changes (1) | ||||||
| Three Months Ended May 31 | ||||||
| 2014 | 2013 | |||||
| Used vehicle units | 3.4 | % | 16.7 | % | ||
| Used vehicle revenues | 6.6 | % | 18.1 | % | ||
(1) | Stores are added to the comparable store base beginning in their fourteenth full month of operation. Comparable store calculations include results for a set of stores that were included in our comparable store base in both applicable periods. |
For earnings history and earnings-related data on Carmax, Inc. (KMX) click here.