Home › CarMax tops 1Q profit forecasts, but revenue disappoints
 

Keywords :   


CarMax tops 1Q profit forecasts, but revenue disappoints

2015-06-19 19:25:56| Auto Dealers - Topix.net

CarMax, the chain of used car dealerships, reported better-than-expected earnings in its fiscal first-quarter, but its sales growth came up short as used car prices slipped. The Richmond, Virginia-based company reported net income of $182 million, or 86 cents per share, topping Wall Street expectations.

Tags: profit revenue tops forecasts

Category:Automotive

Latest from this category

All news
»
08.07Hurricane Beryl Update Statement
08.07Summary for Hurricane Beryl (AT2/AL022024)
08.07Hollywood icon Paramount agrees $28bn merger deal
08.07Hurricane Beryl Public Advisory Number 38A
08.07Atlantic Tropical Weather Outlook
08.07Eastern North Pacific Tropical Weather Outlook
08.07UK Amazon staff in protests over union recognition
08.07Keep an eye out for post-flood cattle health problems
More »