CarMax Reports 3Q10 EPS of $0.36

CarMax, Inc. KMX today reported results for the third quarter ended November 30, 2010. Net sales and operating revenues increased 23% to $2.12 billion from $1.73 billion in the third quarter of last year. Comparable store used unit sales increased 16% for the quarter. Total used unit sales rose 18% in the third quarter. Net income increased to $82.4 million, or $0.36 per diluted share, compared with $74.6 million, or $0.33 per diluted share, earned in the third quarter of fiscal 2010.