CarMax Reports First Quarter Fiscal 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
CarMax (KMX) Misses Q1 EPS by 1c, Revenue Beats
June 19, 2020 6:52 AM EDTCarMax (NYSE: KMX) reported Q1 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $3.23 billion versus the consensus estimate of $2.71 billion.
CEO Commentary:
We accomplished a lot this quarter, despite the challenges the pandemic posed, said Bill Nash, president and chief executive officer. We continued our omni-channel rollout and launched new initiatives, such as contactless curbside pickup, a temporary extension of our 90-day warranty and CAF payment assistance to meet the near-term... More
