CarMax (KMX) Tops Q4 Views Amid Robust Used Retail, Wholesale Outperformance - Stifel
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CarMax Reports Record Fourth Quarter and Fiscal Year Results
April 2, 2015 7:33 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported record results for the fourth quarter and fiscal year ended February 28, 2015.
Net sales and operating revenues increased 14.2% to $3.51Â billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 13.5% to $14.27Â billion. Used unit sales in comparable stores increased 7.0% in the fourth quarter and 4.4% in the fiscal year. Total used unit sales rose 12.4% in the fourth quarter and 10.5% in the fiscal year.... More