CarMax (KMX) Tops Q2 EPS by 3c
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CarMax Reports Second Quarter Results
September 22, 2017 7:35 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the second quarter ended August 31, 2017. Year-over-year highlights include:
Net sales and operating revenues increased 9.7% to $4.39 billion. Used unit sales in comparable stores increased 5.3%. Total used unit sales rose 11.1%. Total wholesale unit sales increased 0.4%. CarMax Auto Finance (CAF) income increased 12.5% to $107.9 million. Net earnings increased 11.7% to $181.4Â million and net earnings per diluted share rose 16.7% to $0.98.... More
