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Shares Rise After CarMax’s 4th-Quarter Results Impress
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Earnings highlights
The company's fourth-quarter earnings grew a mammoth 68.7% to $1.13 per share. Revenue was $4.32 billion, missing the Zacks Consensus Estimate of $4.39 billion. The gross profit amounted to $599.4 million, up 11.7
Sales of used vehicles climbed 5.8% year over year to $3.6 billion, while volume sales jumped 5.6% to 180,207 units. Comparable store used-vehicle unit sales increased 2.8% from the prior-year quarter. Wholesale unit sales rose 3.7% owing to growth in its store base.
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https://www.gurufocus.com/news/839622/sh...ts-impress
![[Bild: KMXc1dl1703.png]](https://finviz.com/publish/032919/KMXc1dl1703.png)
...
Earnings highlights
The company's fourth-quarter earnings grew a mammoth 68.7% to $1.13 per share. Revenue was $4.32 billion, missing the Zacks Consensus Estimate of $4.39 billion. The gross profit amounted to $599.4 million, up 11.7
Sales of used vehicles climbed 5.8% year over year to $3.6 billion, while volume sales jumped 5.6% to 180,207 units. Comparable store used-vehicle unit sales increased 2.8% from the prior-year quarter. Wholesale unit sales rose 3.7% owing to growth in its store base.
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https://www.gurufocus.com/news/839622/sh...ts-impress
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