CarMax (KMX) Reports In-Line Q1 EPS; Used Comps Rose 4.9%
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CarMax Reports Record First Quarter Results
June 19, 2015 7:35 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported record results for the first quarter ended May 31, 2015.
Net sales and operating revenues increased 7.1% to $4.01Â billion. Used unit sales in comparable stores increased 4.9%. Total used unit sales rose 9.3%. Total wholesale unit sales increased 4.7%. CarMax Auto Finance (CAF) income increased 15.3% to $109.1Â million. Net earnings grew 7.3% to $182.0Â million. Net earnings per diluted share rose 13.2% to $0.86.We had another... More
