CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2023. Highlights: Net revenues were $7.7 billion, down 17.4% compared with the prior year first quarter. Retail used unit sales declined 9.6%, and comparable store used un
First Quarter Business Performance Review: Sales. Combined retail and wholesale used vehicle unit sales were 358,817, a decline of 5.3% from the prior year’s first quarter. Total retail used vehicle unit sales decreased 3.1% to 211,132 compared to the prior year’s first quarter. Comparable ...
CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2023. Highlights: CarMax’s share of the nationwide age 0-10 year old used vehicle market remained at 4.0% in calendar year 2022. Gains in the first
Revenue from online transactions is defined as revenue from retail sales that qualify for an online retail sale, as well as any EPP and third-party finance contribution, wholesale sales where the winning bid was an online bid, and all revenue earned by Edmunds. ...