earnings
confidence high
sentiment neutral
materiality 0.80
CarMax Q4 EPS falls 22.8% to $0.98; board adds $2B to buyback program
CARMAX INC
2022-FY EPS reported
$6.97
revenue$31,900,412,000
- Q4 revenue $7.7B (+48.8%); net earnings $159.8M; diluted EPS $0.98, down 22.8% YoY.
- FY2022 revenue $31.9B (+68.3%); EPS $6.97 (+54.2%); record 4.0% used vehicle market share.
- Board approved $2B share repurchase expansion; total remaining authorization $2.7745B as of Feb 28.
- Retail used unit sales fell 5.2% in Q4; wholesale units rose 43.8% to a Q4 record 149,095.
- CAF income increased 3.0% to $193.8M; long-term targets raised to 2-2.4M vehicles sold by FY2026.