CarMax (KMX) Tops Q4 EPS by 1c

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CarMax Reports Fourth Quarter and Fiscal Year 2021 Results

April 1, 2021 6:50 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX), the nations largest and most profitable retailer of used cars, today reported results for the fourth quarter and fiscal year ended February 28, 2021.

Fourth Quarter Highlights and Recent Developments:

Net sales and operating revenues increased 4.1% to $5.16 billion when compared with the prior year fourth quarter. Net earnings decreased 2.3% to $209.9 million and net earnings per diluted share decreased 2.3% to $1.27 compared with the prior year quarter. Total used unit sales and unit sales in comparable stores... More