Used vehicles retailer CarMax, Inc. (KMX) operates through the two broad segments of CarMax Sales Operations and CarMax Auto Finance. The company’s offerings include models of used vehicles, reconditioning and vehicle repair services, and financing alternatives.
KMX’s stock rose in pre-market trade after its earnings topped expectations in its fiscal first quarter. Analysts expected a $1.49 EPS on $9.06 billion sales, which the company topped with a $1.56 EPS on $9.31 billion sales. On the other hand, the company’s vehicle sales stood at 427,257, down 5.5% from the prior-year quarter.
