From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 40s
CarMax Q2 2027 Earnings Surge
CarMax reports 20% revenue jump with strong used car sales growth.
In brief
CarMax reports 20% revenue jump with strong used car sales growth. CarMax's Q2 2027 revenue reached $7.88 billion, up 20% year-over-year, driven by 13% used vehicle sales growth. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Q2 2027 Results
CarMax reported Q2 2027 revenue of $7.88 billion.
Revenue Growth
Revenue up 20% year-over-year from $6.59 billion.
Used Car Sales
Comparable store sales surged 13% for the quarter.
Net Profit
Net income reached $165.3 million.
Stock Reaction
Stock dropped 1.2% to $56.55 after earnings.
What to Watch
Sustaining sales growth while improving margins.
The key point
CarMax's Q2 2027 revenue reached $7.88 billion, up 20% year-over-year, driven by 13% used vehicle sales growth.
