Prior to the market opening, CarMax, Inc. (NYSE: KMX) disclosed its fourth-quarter financial performance.
- Quarterly earnings showed year-over-year growth, accompanied by increasing revenues.
- The company exceeded expectations with fourth-quarter revenues reaching $6 billion, surpassing the forecast of $5.96 billion.
- Fourth-quarter results revealed adjusted earnings of $0.64 per share, slightly below the expected income of $0.65.
- The quarter experienced a 6.6 percent revenue increase, with earnings doubling from the previous year.
