CarMax (KMX) Misses Q3 EPS by 12c, Revenue Beats

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Go back to CarMax (KMX) Misses Q3 EPS by 12c, Revenue Beats

CarMax Reports Third Quarter Results

December 20, 2019 6:50 AM EST

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX), the nations largest retailer of used cars, today reported results for the third quarter ended November 30, 2019.

Highlights:

Net sales and operating revenues increased 11.5% to $4.79 billion. Used unit sales in comparable stores increased 7.5%. Total used unit sales rose 11.0%. Total wholesale unit sales increased 3.3%. CarMax Auto Finance (CAF) income increased 3.9% to $114.0... More