CarMax Q2 Earnings: Mixed Results As Sales Beat Expectations But Loan Losses Weigh On Profits

By Yahoo! Finance | Sep 26, 2024 at 09:47 AM EST

CarMax, Inc. shares rise post mixed Q2 earnings report with lower EPS but higher sales. Despite a drop in CarMax Auto Finance income, retail sales and margins improved. Company plans to open new locations in 2025. Cash reserves at $1.25 billion, with $2.

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