CarMax Reports First Quarter Fiscal 2021 Results

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Go back to CarMax Reports First Quarter Fiscal 2021 Results

CarMax (KMX) Misses Q1 EPS by 1c, Revenue Beats

June 19, 2020 6:52 AM EDT

CarMax (NYSE: KMX) reported Q1 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $3.23 billion versus the consensus estimate of $2.71 billion.

CEO Commentary:

We accomplished a lot this quarter, despite the challenges the pandemic posed, said Bill Nash, president and chief executive officer. We continued our omni-channel rollout and launched new initiatives, such as contactless curbside pickup, a temporary extension of our 90-day warranty and CAF payment assistance to meet the near-term... More