CarMax (NYSE: KMX) reported second-quarter 2021 financial results before the opening bell on Thursday. The company reported a 3% increase in Q2 revenues to $5.37 billion, beating the Wall Street consensus. Earnings of $1.79 per share were also stronger than what analysts had anticipated.
KMX shares rose 0.25% immediately following the announcement. The stock has jumped 19% since the beginning of this year.
CEO Bill Nash said in a statement, “We are very pleased to report record revenues and profitability this quarter. In addition to our strong financial performance, we also completed the roll out of our omni-channel offerings.”
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