CarMax reported second quarter fiscal 2027 results with total net revenues rising 19.5% to $7.9 billion and combined unit sales increasing 14.7% to 387,735. Net earnings per diluted share grew 81.3% to $1.16 from $0.64 in the prior year period. The company announced plans to resume share repurchases at a modest level in the third fiscal quarter, with $1.31 billion remaining available under its authorization. CarMax operates as the largest retailer of used automobiles in the United States.
