— CarMax Inc. (NYSE: KMX) reported Q4 2020 earnings of $1.30 per share, vs. $1.13 per share expected.
— Revenues grew 14.9% to $4.96 billion.
— Total used unit sales rose 14.7%.
— Total wholesale unit sales increased 2%.
— Used unit sales in comparable stores increased 11%.
— During the quarter, the company opened three stores.
After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many
Lennar (LEN) believes that despite near-term challenges, the long-term prospects for housing remain strong
Shares of Lennar Corporation (NYSE: LEN) were down 3% on Monday. The stock has dropped 36% year-to-date and 25% over the past 12 months. The homebuilder delivered mixed results for
Shares of KB Home (NYSE: KBH) were up slightly on Friday. The stock has dropped 40% year-to-date and 35% over the past 12 months. The company delivered mixed results for