CarMax (KMX) Q4 Revenue Misses Views

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Go back to CarMax (KMX) Q4 Revenue Misses Views

CarMax Reports Fourth Quarter Results

April 4, 2018 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, 2018. Year-over-year highlights include:

     

Net sales and operating revenues increased 0.8% to $4.08 billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 7.8% to $17.12 billion.  

Used unit sales in comparable stores declined 8.0% in the fourth quarter, while they increased 2.0% for the fiscal year.  

Total used unit sales fell... More