CarMax (KMX) Tops Q2 EPS by 7c
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CarMax Reports Record Second Quarter Results
September 22, 2015 7:35 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported record second quarter results for the quarter ended August 31, 2015.
Net sales and operating revenues increased 7.9% to $3.88 billion. Used unit sales in comparable stores increased 4.6%. Total used unit sales rose 9.2%. Total wholesale unit sales increased 8.7%. CarMax Auto Finance (CAF) income increased 6.2% to $98.3 million. Net earnings grew 11.5% to $172.2 million. Net earnings per diluted share rose 17.1% to $0.82.... More