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CarMax: BAML sees 56% upside

2016-04-10 18:56:04| Auto Dealers - Topix.net

"CarMax reported fiscal 4Q16 adjusted EPS from continuing operations of $0.74, above our estimate and consensus of $0.71. Total used vehicle revenue growth of +6.5% Y/Y, driven by positive same-store used unit sales growth, combined with better SG&A leverage drove the bottom-line beat.

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Category:Automotive

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