CarMax Q2 Earnings Miss Expectations, Revenues Decline Y/Y
KMXCarMax(KMX) ZACKS·2024-09-27 01:01

CarMax Inc. (KMX) reported second-quarter fiscal 2025 (ended Aug. 31, 2024) adjusted earnings per share of 85 cents, which missed the Zacks Consensus Estimate of 86 cents. The bottom line, however, rose from 75 cents per share recorded in the year-ago period. The auto retailer registered revenues of 7billioninthequarterunderreview,whichbeattheZacksConsensusEstimateof7 billion in the quarter under review, which beat the Zacks Consensus Estimate of 6.85 billion. The top line, however, contracted 0.9% year over year.Segmental PerformanceCarMax’s used-vehicle net sales totale ...