Retail News

CarMax Reports Record Second Quarter Results

Author: Australian Business

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported record second quarter results for the quarter ended August 31, 2013. Net sales and operating revenues increased 18% to $3.25 billion. Used unit sales in comparable stores increased 16%. Total used unit sales rose 21%. Total wholesale unit sales increased 10%. CarMax Auto...

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