CarMax (KMX) Tops Q3 EPS by 28c

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CarMax Reports Third Quarter Fiscal 2021 Results

December 22, 2020 6:50 AM EST

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX), the nations largest and most profitable retailer of used cars, today reported results for the third quarter ended November 30, 2020.

Highlights:

Net earnings for the third quarter increased 35.9% and net earnings per diluted share increased 36.5% from the prior year, driven by strong execution in a dynamic environment. Total used units sold increased 1.0%, while used unit sales in comparable stores were down 0.8%; gross profit per used unit of $2,151... More