CarMax, Inc. has reported record sales for the fourth quarter ended February 28, 2005.
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Total sales increased 25% to $1.40 billion from $US1.12 billion in the fourth quarter last year while comparable store used unit sales rose 12%. Total used unit sales grew 27%.
The company now expects fourth quarter earnings of approximately 28 cents per share compared with 21 cents per share in the fourth quarter last year.
