KMX - Used Vehicle Retailer CarMax's Mixed Q1: Sales Decline 7.5% CEO Highlights Positive Trends Amid Challenges | Benzinga
Shares of CarMax Inc (NYSE:KMX) are trading slightly higher in premarket today.
The company reported a first-quarter FY25 total net sales and operating revenues decline of 7.5% year-on-year to $7.11 billion, missing the analyst consensus estimate of $7.245 billion.
The company sold 358,817 units through combined retail and wholesale channels, a decrease of 5.3% year-over-year.
Total retail used vehicle unit sales fell 3.1% to 211,132 ...