CarMax (KMX) 2Q Revenue: $7.99B Vs $7.10B (EST)

<p>CFRA downgraded CarMax (KMX) to hold from buy. Garrett Nelson, Equity Analyst at CFRA Research, discusses CarMax. CFRA has changed its price target on CarMax to $145 from $150. CarMax’s 2Q EPS came in at $1.72 versus an estimated $1.95, and its 2Q revenue came in at $7.99B versus an estimated $7.10B. Also, CarMax’s 2Q used-unit sales in comparable stores is up 6.2%. Tune in to find out more.</p>