Carmax (KMX $24.45 -2.98) Reported second quarter earnings of $0.49 per share, $0.02 worse than the Capital IQ Consensus Estimate of $0.51.
Revenues rose 10.5% year/year to $2.59 billion versus the $2.62 billion consensus.
The company expects to open a total of between eight and ten superstores in the fiscal year ending February 28, 2013. "We are pleased with our ability to increase earnings despite the 2% decline in comparable store used unit sales,"






