Auto dealer CarMax ups quarterly profit forecast


DETROIT, Aug 23 (Reuters) - Auto dealer group CarMax Inc. raised its second-quarter earnings forecast on Tuesday, citing better-than-expected sales and showroom traffic. The Richmond, VirginIa-based, company said it now expected quartelry earnings of about 37 cents a share, up from its previous forecast for profit in the range of 29 cents to 34 cents. The increase was driven, at least in part, by a surge in showroom traffic after Detroit's Big Three automakers recently began selling ...

Premium Content (PAID Subscription Required)

"Auto dealer CarMax ups quarterly profit forecast" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×