CarMax earnings rise on stronger vehicle sales

Newswire

NEW YORK, Sept 22 (Reuters) - Auto retailer CarMax Inc. on Monday said its quarterly earnings rose 25 percent, boosted by stronger used and wholesale vehicle sales and higher car service profits. The Richmond, Virginia, company said net income in the fiscal second quarter ended Aug. 31 rose to $39.6 million, or 37 cents per share, compared with a profit of $31.7 million, or 30 cents per share, in the year-ago quarter. Wall Street analysts had expected the company to earn 36 cents per ...

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