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CarMax Group (KMX)

- NYSE
  • Sep. 24, 2013, 12:05 AM
  • Sep. 23, 2013, 5:30 PM
  • Jun. 21, 2013, 9:10 AM
    Premarket gainers: SPRD +22%. NVGN +12%. KMX +8%. THRX +7%. MTL +7%.
    Losers: IDIX -35%. ORCL -8%. AHT -5%.
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  • Jun. 21, 2013, 7:48 AM
    More on CarMax's (KMX) FQ1: Used unit sales at comparable stores rose 17% to mark the company's best gain in several years. The company says improvements in execution at its store contributed to the strong quarter as well as a more favorable consumer credit atmosphere. New vehicle sales dropped 5.5% while wholesales vehicle sale rose 4.9%. KMX +1.5% premarket. (PR)
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  • Jun. 21, 2013, 7:36 AM
    CarMax (KMX): Q1 EPS of $0.64 beats by $0.06. Revenue of $3.31B (+19% Y/Y) beats by $0.16B. (PR)
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  • Jun. 21, 2013, 12:05 AM
    Notable earnings before Friday’s open: KMX, DRI
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  • Jun. 20, 2013, 5:30 PM
    Notable earnings before Friday’s open: KMX, DRI
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  • Apr. 10, 2013, 11:31 AM
    More on CarMax (KMX +2.9%) (previous: I, II): The company delivered a Y/Y increase in profit during Q4 but a larger disturbing trend could be in play with comparable used-car sales falling 6% during the period after Q3 saw a 12% gain. What to watch: Did the delay in tax refunds significantly affect the number of consumers purchasing used vehicles or is a larger shift of buyers preferring to buy new cars instead of used cars playing out?
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  • Apr. 10, 2013, 10:40 AM
    Shares of CarMax (KMX +4%) gain on better than anticipated Q4 revenue. Net earnings rose 13% Y/Y on strong sales in its used-vehicle and wholesale segments as well a 15% jump in income growth at its finance unit. Total used-vehicle sales volume grew by 12% over the year ago period, while same-store unit sales rose 6%, despite one less selling day in the latest quarter. Wholesale unit sales were up 7%, with average selling prices up 4.3% overall.
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  • Apr. 10, 2013, 7:43 AM
    CarMax (KMX): Q1 EPS of $0.46 in-line. Revenue of $2.83B (+14% Y/Y) beats by $0.1B. (PR)
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  • Apr. 10, 2013, 12:05 AM
    Notable earnings before Wednesday’s open: AH, FAST, FDO, JKS, KMX, PGR, STZ, TITN
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  • Apr. 9, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: AH, FAST, FDO, JKS, KMX, PGR, STZ, TITN
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  • Feb. 1, 2013, 6:44 PM
    CarMax (KMX) says its Board of Directors has approved a $500M extension of its existing share repurchase program. This extension is in addition to the $300M repurchase authorization initially approved by the Board in October of last year.
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  • Feb. 1, 2013, 6:15 PM
    CarMax (KMX) +0.6% AH after announcing a $500M increase to its stock buyback program - the new funds are good for buying back 5.6% of outstanding shares as of today's close. Interestingly, the increase, which comes on top of a $300M buyback program announced in October, comes at a time when CarMax is trading near its all-time high.
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  • Dec. 21, 2012, 2:24 PM
    Goldman Sachs lifts its estimates on CarMax (KMX -0.7%) with its view the late model used car category will hold up well in 2013. The forecast for 2013 EPS is raised to $2.06 from $2.02 and 2014 EPS goes to $2.36 from $2.32.
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  • Dec. 20, 2012, 8:04 AM
    More on CarMax's (KMX) Q3: Total used units rose 16% with more compelling credit offers on the table. On that front, CarMax Auto Finance saw its revenue increase 16% to $72.5M with managed receivable higher. The used vehicle average selling price unchanged from last year's Q3. The company now has eight of the ten superstores it planned to open in FY13 in operation. Shares +6.2% premarket. (PR)
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Company Description
CarMax Inc together with its wholly owned subsidiaries is engaged in sales of used vehicles in the United States. It operates in two reportable segments: CarMax Sales Operations and CarMax Auto Finance.
Sector: Services
Country: United States