Carmax reports second quarter fiscal 2023 results

Richmond, va.--(business wire)--carmax, inc. (nyse:kmx) today reported results for the second quarter ended august 31, 2022. highlights: net revenues of $8.1 billion, up 2.0% compared with the prior year second quarter. total retail used units sold decreased 6.4%, while used unit sales in comparable stores were down 8.3%; gross profit per retail used unit was $2,282, an increase of $97 per unit despite steep market depreciation. carmax's share of the nationwide 0-10 year old vehicle market cont
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