CarMax (KMX) Tops Q4 EPS by 7c, Revenue Light

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CarMax Reports Fourth Quarter and Fiscal Year Results

March 29, 2019 7:35 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the fourth quarter and fiscal year ended February28, 2019. Year-over-year highlights include:

Net sales and operating revenues increased 5.7% to $4.32 billion in the fourth quarter. For the fiscal year, net sales and operating revenues increased 6.1% to $18.17 billion. Used unit sales in comparable stores increased 2.8% in the fourth quarter and 0.3% for the fiscal year. Total used unit sales rose 5.6% in the fourth quarter and 3.8% for the fiscal year. Total... More