CarMax Q2 revenues $8.0B (+48.7%), EPS $1.72; record used units 231,797

CARMAX INC

2022-Q2 EPS reported $4.35 revenue$15,685,958,000

Net revenues of $8.0B, up 48.7% YoY; combined retail+wholesale units 419,895 (+19.9%).
Retail used unit sales record 231,797 (+6.7%), comparable store units +6.2%; wholesale units record 188,098 (+41.4%).
Gross profit per used unit $2,185 (down from $2,214); wholesale per unit $1,005 (down from $1,086).
CAF income $200M (+35.9%); net EPS $1.72 (down 3.9% YoY); share repurchases of $220M.

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