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Thursday, June 21, 2012

Carmax (KMX) earnings Thur 6/21/12 (b/o)

** charts before earnings **

  


** charts after earnings **


CarMax Inc. (KMX) said Thursday its first-quarter profit dropped to $120.75 million, or 52 cents a share, from $125.5 million, or 54 cents a share, in the year-ago period. The car retailer's revenue rose to $2.78 billion, from $2.68 billion. Wall Street analysts expected CarMax to earn 53 cents a share on revenue of $2.82 billion, according to a survey by FactSet Research. Looking ahead, CarMax plans to open 10 superstores in fiscal 2013, up from five store openings in 2012.

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