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CarMax Inc (KMX) Q2 2025 Earnings Call Transcript Highlights: Strong Unit Sales and Margins ...

By Yahoo! Finance   |   Sep 27, 2024 at 05:05 AM EST
CarMax Inc (KMX) Q2 2025 Earnings Call Transcript Highlights: Strong Unit Sales and Margins ...

The company reported $113 million provision for loan losses with a $501 million reserve balance. Sales progress is positive, with a focus on full spectrum lending and improving credit performance. Improved digital tools are enhancing customer experience, aiming for a balance in credit penetration rates and operational improvements for margin growth.

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