CarMax Reports Third Quarter Fiscal Year 2025 Results
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CarMax, Inc. (NYSE:KMX) reported its third quarter fiscal year 2025 results, showing a 5.4% increase in retail used unit sales and a 6.3% increase in wholesale units. Total gross profit rose by 10.6% to $677.6 million, driven by higher unit volumes and strong unit margin performance.
December 19, 2024 | 12:00 pm
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CarMax reported a strong third quarter with a 5.4% increase in retail used unit sales and a 10.6% increase in total gross profit, indicating robust performance in unit volumes and margins.
The increase in retail used unit sales and gross profit suggests strong operational performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100