CarMax (KMX) Tops Q3 EPS by 2c

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Go back to CarMax (KMX) Tops Q3 EPS by 2c

CarMax Reports Third Quarter Results

December 20, 2016 7:35 AM EST

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the third quarter ended November 30, 2016.

Net sales and operating revenues increased 4.4% to $3.70 billion. Used unit sales in comparable stores increased 5.4%. Total used unit sales rose 9.1%. Total wholesale unit sales declined 2.2%. CarMax Auto Finance (CAF) income declined 3.2% to $89.4 million. Net earnings increased 6.6%, to $136.6 million, while net earnings per diluted share rose 14.3% to $0.72.

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