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BreakingStocks

CarMax Revenue Jumps 19.5% in Q2 Driven by Strong Unit Sales Growth

First Detected: Sep 29, 2026, 9:58 AM
Last Update: 41 minutes ago
11 articles·1 stories

Event Summary

CarMax reported a 19.5% increase in total net revenues to $7.9 billion for the fiscal second quarter. This growth was driven by a 13.8% rise in retail used unit sales and a 13.0% increase in comparable store sales. However, gross profit per retail used unit decreased by $111 to $2,105, reflecting strategic pricing actions taken by the company to support sales volume.

Timeline

CarMax Beats Estimates as Q2 Revenue Jumps 19.5% on Strong Unit Sales
Sep 29, 2026, 9:58 AMImpact: 6