CarMax (KMX) Tops Q2 EPS by 74c

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CarMax Reports Record Second Quarter Fiscal 2021 Results

September 24, 2020 6:50 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX), the nations largest and most profitable retailer of used cars, today reported record results for the second quarter ended August 31, 2020.

Highlights:

Completed the roll out of our omni-channel offerings giving us the largest addressable market in the used car industry. Net sales and operating revenues increased 3.3% to $5.37 billion. Total used units increased 3.9%; used unit sales in comparable stores rose 1.2%. Total wholesale units... More