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Friday, December 21, 2018

CarMax (KMX) reported earnings on Fri 21 Dec 18 (b/o)

  • CarMax (KMX) is the last company in the S&P500 to report


CarMax beats by $0.09, reports revs in-line; used unit sales declined 1.2% 
  • Reports Q3 (Nov) earnings of $1.09 per share, $0.09 better than the S&P Capital IQ Consensus of $1.00; revenues rose 4.6% year/year to $4.3 bln vs the $4.33 bln S&P Capital IQ Consensus.
  • Total used vehicle unit sales increased 2.3%, while comparable store used unit sales declined 1.2% versus the prior year's third quarter. The comparable store sales performance primarily reflected lower store traffic, partially offset by improved conversion.

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