CarMax (KMX) Posts Q4 GAAP EPS of 71c; Used Comps Rose 0.7%
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CarMax Reports Fourth Quarter and Fiscal Year Results
April 7, 2016 7:35 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the fourth quarter and fiscal year ended February 29, 2016.
Net sales and operating revenues increased 5.5% to $3.71 billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 6.2% to $15.15 billion. Used unit sales in comparable stores increased 0.7% in the fourth quarter and 2.4% in the fiscal year. Total used unit sales rose 4.0% in the fourth quarter and 6.5% in the fiscal year. Our... More