CarMax (KMX) Tops Q3 EPS by 19c

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CarMax Reports Third Quarter Fiscal 2022 Results

December 22, 2021 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, 2021.

Highlights:

Record net revenues of $8.5 billion, up 64.5% compared with the prior year third quarter.

Net earnings per diluted share of $1.63, up 14.8% from a then-record $1.42 per diluted share a year ago. Net earnings per diluted share for the current years quarter included a one-time benefit of $0.10 in connection... More