CarMax (NYSE: KMX) Plunges After Disappointing Q2 Results CarMax (NYSE: KMX) stock plunged in pre-market trading on Thursday after the used automobile retailer reported disappointing Q2 results. The company’s revenues went up by 2% year-over-year to $8.1 billion but fell short of analysts’ estimates $8.55 billion. Earnings came in at $0.79 per diluted share versus $1.72 in the same period a year back. Wall Street analysts had forecasted earnings of $1.39 per share. 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. Bill Nash, President, and CEO of CarMax commented, “While this was a challenging quarter across the used car industry, our ongoing progress in strengthening and expanding our omnichannel experience continues to positively differentiate us and enable us to grow market share.” CarMax shares slumped 15.7% in premarket trading 。
CarMax (NYSE: KMX) stock plunged in pre-market trading on Thursday after the used automobile retailer reported disappointing Q2 results. The company’s revenues went up by 2% year-over-year to $8.1 billion but fell short of analysts’ estimates $8.55 billion.
Earnings came in at $0.79 per diluted share versus $1.72 in the same period a year back. Wall Street analysts had forecasted earnings of $1.39 per share.
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.
Bill Nash, President, and CEO of CarMax commented, “While this was a challenging quarter across the used car industry, our ongoing progress in strengthening and expanding our omnichannel experience continues to positively differentiate us and enable us to grow market share.”
CarMax shares slumped 15.7% in premarket trading 。
谢谢你看到我的车。
看其他帖子说的保险杠没货,估计是修不了吧
他家收车给的价格很不错,
自己要赚钱,自然最后车价高
说实话他家收车的价格太高了。
当然卖的更高,把二手车市场弄乱了。不过dealer还是没车,大家只能忍受这样的二手价格。