CarMax Q3 2022 Earnings Report
Key Takeaways
CarMax reported record net revenues of $8.5 billion, up 64.5% compared with the prior year third quarter. Net earnings per diluted share of $1.63, up 14.8% from a then-record $1.42 per diluted share a year ago.
Record net revenues of $8.5 billion, up 64.5% compared with the prior year third quarter.
Net earnings per diluted share of $1.63, up 14.8% from a then-record $1.42 per diluted share a year ago. Included a one-time benefit of $0.10 in connection with the receipt of settlement proceeds in a class action lawsuit.
Sold 415,054 units through our combined retail and wholesale channels, up 29.3% from the prior year quarter.
Bought 383,215 vehicles from consumers in the third quarter, a 91% increase versus the prior year quarter.
CarMax
CarMax
CarMax Revenue by Segment
Forward Guidance
CarMax plans to release results for the fourth quarter ending February 28, 2022, on Tuesday, April 12, 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income