CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today.

Net revenues rose 2% year-over-year to $8.1 billion.

Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million, or $1.72 per share, last year.

Total retail used units sold decreased 6.4% while total wholesale units dropped 15.1% during the quarter.

Prior performance

CarMax Q1 2022 earnings infographic