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Carmax, Inc. (KMX) Tops Q1 EPS by 9c; Used Comps Up 3.4%

June 20, 2014 7:36 AM EDT

Carmax, Inc. (NYSE: KMX) reported Q1 EPS of $0.76, $0.09 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.6 billion.

Unit Sales

Three Months Ended May 31
2014 2013 % Change
Used vehicles 150,528 137,154 9.8%
New vehicles 2,597 1,949 33.2%
Wholesale vehicles 97,098 88,356

9.9%

Comparable Store Used Vehicle Sales Changes (1)

Three Months Ended May 31
2014 2013
Used vehicle units 3.4% 16.7%
Used vehicle revenues 6.6% 18.1%

(1)

Stores are added to the comparable store base beginning in their fourteenth full month of operation. Comparable store calculations include results for a set of stores that were included in our comparable store base in both applicable periods.

For earnings history and earnings-related data on Carmax, Inc. (KMX) click here.



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