CarMax posts record Q3 revenue $8.5B (+64.5% YoY); EPS $1.63 (+14.8%)

CARMAX INC

2022-Q3 EPS reported $5.99 revenue$24,213,717,000

Net earnings per diluted share $1.63, up 14.8% YoY; includes $0.10 one-time benefit from class action settlement.
Record net revenues $8.5B, +64.5% YoY; total units sold 415,054 (+29.3% from prior year).
Retail used units +16.9% to 227,424 (record); wholesale units +48.5% to 187,630 (record).
CAF income $166.0M, down 5.9% due to higher loan loss provision ($76.2M vs $8.2M last year).
Bought 383,215 vehicles from consumers (+91% YoY); repurchased 0.9M shares for $115.3M.

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