CarMax (KMX) Tops Q2 EPS by 2c

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Go back to CarMax (KMX) Tops Q2 EPS by 2c

CarMax Reports Second Quarter Results

September 26, 2018 7:35 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the second quarter ended August31, 2018. Year-over-year highlights include:

Net sales and operating revenues increased 8.6% to $4.77 billion. Used unit sales in comparable stores increased 2.1%. Total used unit sales rose 5.8%. Total wholesale unit sales increased 14.6%. CarMax Auto Finance (CAF) income increased 1.6% to $109.7 million. Net earnings increased 21.8% to $220.9million and net earnings per diluted share increased 26.5% to $1.24.... More