CarMax's Used-Car Sales Growth Blew Past Forecasts. KMX Stock Fell Anyway
CarMax shares fell 5% despite strong Q2 results; analysts raised price targets, citing 13% comps and better-than-expected profits per unit.
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Why It Matters
CarMax sold way more used cars than people expected. Sometimes stocks fall even when a company does really well, which can mean investors worry about the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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