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CarMax Q2 Net earnings increased 27%

Christian Fernsby ▼ | September 24, 2020
CarMax reported record results for the second quarter ended August 31, 2020.
CarMax
CarMax   Net sales and operating revenues increased 3.3%
Net sales and operating revenues increased 3.3% to $5.37 billion.

Topics: CarMax

CarMax Auto Finance (CAF) income increased 29.0% to $147.2 million.

Net earnings increased 27.0% to $296.7 million, and net earnings per diluted share increased 27.9% to $1.79.

Resuming store openings, with 8 to 10 new stores planned in fiscal year 2022.


 

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