CarMax (KMX) Tops Q3 EPS by 9c
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CarMax Reports Third Quarter Results
December 21, 2018 7:35 AM ESTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the third quarter ended November30, 2018. Year-over-year highlights include:
Net sales and operating revenues increased 4.6% to $4.30 billion. Used unit sales in comparable stores declined 1.2%. Total used unit sales rose 2.3%. Total wholesale unit sales increased 10.0%. CarMax Auto Finance (CAF) income increased 6.7% to $109.7 million. Net earnings increased 27.9% to $190.3million and net earnings per diluted share increased 34.6% to $1.09.... More