Carmax reports record first quarter fiscal 2022 results

Richmond, va.--(business wire)--carmax, inc. (nyse:kmx), the nation's largest and most profitable retailer of used cars, today reported results for the first quarter ended may 31, 2021. highlights: diversified business model delivered record net revenues of $7.70 billion, up 138.4% compared with the prior year first quarter and up 43% over a record first quarter fiscal year 2020. net earnings per diluted share of $2.63, up from $0.03 per diluted share a year ago and up 65% over a record first q
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