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CarMax Earnings: 3 Takeaways

TheMotleyFool

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CarMax Earnings: 3 TakeawaysPhoto, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png

The used car market is booming and CarMax (NYSE: KMX) is cashing in on the growth. The used vehicle retailer said last week that it more than doubled its sales volumes in early 2021 as compared to a year ago.

There were other encouraging metrics in the report that all paint a positive picture of CarMax's earnings potential in fiscal 2022 and beyond.

Image source: Getty Images.

Source Fool.com

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