CarMax (KMX) Tops Q4 EPS by 2c

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CarMax Reports Fourth Quarter and Fiscal Year Results

April 6, 2017 7:35 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2017. Year-over-year highlights include:

Net sales and operating revenues increased 9.3% to $4.05 billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 4.8% to $15.88 billion. Used unit sales in comparable stores increased 8.7% in the fourth quarter and 4.3% in the fiscal year. Total used unit sales rose 13.4% in the fourth quarter and 8.3% in the fiscal year.... More