CarMax (KMX) Tops Q1 EPS by $1.00

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CarMax Reports Record First Quarter Fiscal 2022 Results

June 25, 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 first quarter ended May 31, 2021.

Highlights:

Diversified business model delivered record net revenues of $7.70 billion, up 138.4% compared with the prior year first quarter and up 43% over a record first quarter fiscal year 2020. Net earnings per diluted share of $2.63, up from $0.03 per diluted share a year ago and up 65% over a record first quarter... More