CarMax shares climb as fiscal Q2 net sales and operating revenue beats estimates
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CarMax Reports Second Quarter Fiscal Year 2025 Results
September 26, 2024 6:50 AM EDTDelivers positive retail used unit growth and double-digit earnings increase
RICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the second quarter ended August 31, 2024.
Second Quarter Highlights:
Retail used unit sales increased 5.1% and comparable store used unit sales increased 4.3% from the prior years second quarter; wholesale units decreased 0.3%. Gross profit per retail used unit of $2,269 and gross profit per wholesale unit of $975, both in line with last year. Extended... More