CarMax (KMX) Tops Q1 EPS by 9c

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Go back to CarMax (KMX) Tops Q1 EPS by 9c

CarMax Reports First Quarter Results

June 22, 2018 7:35 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the first quarter ended May 31, 2018. Year-over-year highlights include:

Net sales and operating revenues increased 5.5% to $4.79 billion. Used unit sales in comparable stores declined 2.3%. Total used unit sales rose 1.6%. Total wholesale unit sales increased 9.6%. CarMax Auto Finance (CAF) income increased 5.7% to $115.6 million. Net earnings increased 12.7% to $238.7 million and net earnings per diluted share increased 17.7% to $1.33.                ... More