CarMax (KMX) Tops Q4 EPS by 24c, Sales Miss
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CarMax Reports Fourth Quarter and Fiscal Year 2023 Results
April 11, 2023 6:50 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2023.
Highlights:
CarMaxs share of the nationwide age 0-10 year old used vehicle market remained at 4.0% in calendar year 2022. Gains in the first half of the year were offset in the back half, reflecting our focus on achieving profitable market share gains. Net revenues were $5.7 billion, down 25.6% compared with the prior year fourth quarter. For the fiscal year,... More