CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier.

Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%.

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“We are pleased to report another quarter of solid increases in both used and wholesale…

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CarMax Earnings Rise to 48 Cents Per Share originally appeared on DailyFinance on Wed, 22 Sep 2010 08:15:00.

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