CarMax (NYSE: KMX) reported second-quarter 2022 financial results before the opening bell on Thursday.
The company reported a 48.7% increase in Q2 revenues to $8 billion, beating the Wall Street consensus.
Earnings of $285 million or $1.72 per share were weaker compared to $297 or $1.79 per share compared to the same quarter of the previous year.
Most Popular
United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company